What is Teco Electric & Machinery 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. Teco Electric & Machinery Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $370 Mil. Teco Electric & Machinery Co's Revenue for the
three
months ended in Mar. 2024 was $433 Mil.
Teco Electric & Machinery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.86.
Teco Electric & Machinery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.83) to Dec. 2023 (0.86)
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.
Teco Electric & Machinery Co's Days Inventory for the
three
months ended in Mar. 2024 was 105.25.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Teco Electric & Machinery Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.87.
Teco Electric & Machinery Co Inventory-to-Revenue Historical Data
* 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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Teco Electric & Machinery Co Inventory-to-Revenue Chart
Competitive Comparison of Teco Electric & Machinery Co's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Teco Electric & Machinery 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.
Teco Electric & Machinery Co's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Teco Electric & Machinery Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Teco Electric & Machinery Co's Inventory-to-Revenue falls into.
Teco Electric & Machinery 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.
Teco Electric & Machinery 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.
Teco Electric & Machinery Co (LSE:TECD) 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.
Teco Electric & Machinery 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.
Teco Electric & Machinery Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Teco Electric & Machinery Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Teco Electric & Machinery Co (LSE:TECD) Business Description
Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units and electronic equipment products. The company's Heavy industrial products, the largest product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its sales from Taiwan.
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