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Comal SpA (MIL:CML) Inventory-to-Revenue : 2.90 (As of Dec. 2023)


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What is Comal SpA 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. Comal SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €95.53 Mil. Comal SpA's Revenue for the six months ended in Dec. 2023 was €32.97 Mil. Comal SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.90.

Comal SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (1.82) to Jun. 2023 (2.90)

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. Comal SpA's Days Inventory for the six months ended in Dec. 2023 was 891.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Comal SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.20.


Comal SpA Inventory-to-Revenue Historical Data

The historical data trend for Comal SpA'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.

Comal SpA Inventory-to-Revenue Chart

Comal SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.13 0.51 0.49 0.47 1.43

Comal SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 1.22 0.95 1.82 2.90

Competitive Comparison of Comal SpA's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Comal SpA'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.


Comal SpA's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Comal SpA's Inventory-to-Revenue distribution charts can be found below:

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



Comal SpA 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.

Comal SpA's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (37.06 + 132.469) / 2 ) / 59.258
=84.7645 / 59.258
=1.43

Comal SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (58.598 + 132.469) / 2 ) / 32.968
=95.5335 / 32.968
=2.90

* 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.


Comal SpA  (MIL:CML) 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.

Comal SpA's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=95.5335/19.548*365 / 2
=891.90

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

Comal SpA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=19.548 / 95.5335
=0.20

* 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.


Comal SpA Inventory-to-Revenue Related Terms

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Comal SpA (MIL:CML) Business Description

Traded in Other Exchanges
Address
Via Piemonte, 15/17/19, Cologno al Serio, ITA
Comal SpA provides energy-related products and services. It performs maintenance of equipment and machinery in operating plants for the production of energy from thermal sources. It is also involved in the business of green energy. Some of its products include Sun Hunter Tracker and Shelter.

Comal SpA (MIL:CML) Headlines

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