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. Loomis AB's Average Total Inventories for the quarter that ended in Mar. 2024 was $51 Mil. Loomis AB's Revenue for the
three
months ended in Mar. 2024 was $697 Mil.
Loomis AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.07.
Loomis AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.07) to Dec. 2023 (0.07)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Loomis AB's Days Inventory for the
three
months ended in Mar. 2024 was 9.08.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Loomis AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 10.05.
Loomis AB Inventory-to-Revenue Historical Data
The historical data trend for Loomis AB'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 Loomis AB's Inventory-to-Revenue
For the Security & Protection Services subindustry, Loomis AB'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.
Loomis AB's Inventory-to-Revenue Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Loomis AB's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Loomis AB's Inventory-to-Revenue falls into.
Loomis AB 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.
Loomis AB'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.
Loomis AB (OTCPK:LOIMF) 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.
Loomis AB'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.
Loomis AB Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Loomis AB's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.
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