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Noratis AG (HAM:NUVA) Inventory-to-Revenue : 13.39 (As of Jun. 2023)


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What is Noratis AG Inventory-to-Revenue?

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Noratis AG's Average Total Inventories for the quarter that ended in Jun. 2023 was €448.27 Mil. Noratis AG's Revenue for the six months ended in Jun. 2023 was €33.48 Mil. Noratis AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 13.39.

Noratis AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 declined from Dec. 2022 (24.10) to Dec. 2022 (13.39)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Noratis AG's Days Inventory for the six months ended in Jun. 2023 was 3,700.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Noratis AG's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.05.


Noratis AG Inventory-to-Revenue Historical Data

The historical data trend for Noratis AG's Inventory-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Noratis AG Inventory-to-Revenue Chart

Noratis AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial 2.50 2.76 9.76 5.12 5.10

Noratis AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.84 27.66 6.14 24.10 13.39

Competitive Comparison of Noratis AG's Inventory-to-Revenue

For the Real Estate - Development subindustry, Noratis AG's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Noratis AG's Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Noratis AG's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Noratis AG's Inventory-to-Revenue falls into.



Noratis AG Inventory-to-Revenue Calculation

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Noratis AG's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (424.18 + 454.812) / 2 ) / 86.101
=439.496 / 86.101
=5.10

Noratis AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (454.812 + 441.722) / 2 ) / 33.479
=448.267 / 33.479
=13.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Noratis AG  (HAM:NUVA) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Noratis AG's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=448.267/22.108*365 / 2
=3,700.41

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Noratis AG's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=22.108 / 448.267
=0.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Noratis AG Inventory-to-Revenue Related Terms

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Noratis AG (HAM:NUVA) Business Description

Traded in Other Exchanges
Address
Hauptstrasse 129, Eschborn, HE, DEU, 65760
Noratis AG is a developer of residential property portfolios. The company invests in residential properties with technical and commercial development potential in Germany, mainly in small and medium-sized towns or on the outskirts of metropolitan areas. The Company specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations.