Speedy Hire (LSE:SDY) Inventory-to-Revenue : 0.06 (As of Sep. 2023)

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What is Speedy Hire 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. Speedy Hire's Average Total Inventories for the quarter that ended in Sep. 2023 was £12.6 Mil. Speedy Hire's Revenue for the six months ended in Sep. 2023 was £208.5 Mil. Speedy Hire's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.06.

Speedy Hire's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (0.06) to Mar. 2023 (0.06)

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. Speedy Hire's Days Inventory for the six months ended in Sep. 2023 was 24.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Speedy Hire's Inventory Turnover for the quarter that ended in Sep. 2023 was 7.60.

Speedy Hire Inventory-to-Revenue Historical Data

The historical data trend for Speedy Hire'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.

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Speedy Hire Inventory-to-Revenue Chart

Speedy Hire Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory-to-Revenue

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0.02

0.03

0.02

Speedy Hire Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.05	0.04	0.05	0.06	0.06

Competitive Comparison of Speedy Hire's Inventory-to-Revenue

For the Rental & Leasing Services subindustry, Speedy Hire'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.

Speedy Hire's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Speedy Hire's Inventory-to-Revenue distribution charts can be found below:

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

Speedy Hire Inventory-to-Revenue Calculation

Speedy Hire's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory-to-Revenue (A: Mar. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )
=	( (8.1	+	12.7)	/	2 )	/	440.6
=	10.4					/	440.6
=	0.02

Speedy Hire's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

	Inventory-to-Revenue (Q: Sep. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Revenue (Q: Sep. 2023 )
=	( (12.7	+	12.5)	/	2 )	/	208.5
=	12.6					/	208.5
=	0.06

Speedy Hire (LSE:SDY) Inventory-to-Revenue Explanation

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

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.

Speedy Hire's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	12.6	/	95.8	*	365 / 2
	=	24.00

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

Speedy Hire's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	95.8	/	12.6
	=	7.60

Speedy Hire Inventory-to-Revenue Related Terms

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Speedy Hire (LSE:SDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Speedy Hire PLC (LSE:SDY) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

SDYl:UK SDY.GB:UK 5HN:Germany

Address

Chase House, 16 The Parks, Newton-le-Willows, Merseyside, GBR, WA12 0JQ

Website

https://www.speedyservices.com

Speedy Hire PLC is a UK-based company engaged in the provision of equipment for hire and sale and associated services to construction, infrastructure, industry, and related industries. It delivers asset management with tailored services and a continued commitment to relationship management. It generates revenue from Hire and related activities followed by services provided. The company's geographical segments are the United Kingdom and Ireland, of which the majority of its revenue comes from the United Kingdom.