What is National Cleaning Co 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. National Cleaning Co's Average Total Inventories for the quarter that ended in Mar. 2024 was KWD1.17 Mil. National Cleaning Co's Revenue for the
three
months ended in Mar. 2024 was KWD8.53 Mil.
National Cleaning Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.14.
National Cleaning Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
stayed the same
from Dec. 2023 (0.14) to Dec. 2023 (0.14)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
National Cleaning Co's Days Inventory for the
three
months ended in Mar. 2024 was 14.25.
Inventory Turnover measures how fast the company turns over its inventory within a year.
National Cleaning Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.41.
National Cleaning Co Inventory-to-Revenue Historical Data
The historical data trend for National Cleaning Co'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.
Competitive Comparison of National Cleaning Co's Inventory-to-Revenue
For the Waste Management subindustry, National Cleaning Co'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.
National Cleaning Co's Inventory-to-Revenue Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, National Cleaning Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where National Cleaning Co's Inventory-to-Revenue falls into.
National Cleaning Co 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.
National Cleaning Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
National Cleaning Co (KUW:CLEANING) 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.
National Cleaning Co's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
National Cleaning Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of National Cleaning Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
National Cleaning Co (KUW:CLEANING) Business Description
National Cleaning Co is a Kuwait based company. It has three segments. The Cleaning segment, which is the key revenue driver, includes external cleaning contracts, environment cleaning contracts, and supply and sale of cleaning materials and the materials necessary to remedy environmental pollution. The Agriculture and animal production segment includes contracts for the construction, landscaping, beautifying, and cleaning of parks and related agricultural works and trading in agricultural equipment and anima production. The Financial investment segment includes investing in money market instruments and investment in the management of quoted and unquoted equity in the organized financial market. Geographically, it has a presence in Kuwait, Qatar, Turkey, and India.
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