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. Mesa Laboratories's Average Total Inventories for the quarter that ended in Dec. 2023 was $34.4 Mil. Mesa Laboratories's Revenue for the
three
months ended in Dec. 2023 was $53.5 Mil.
Mesa Laboratories's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.64.
Mesa Laboratories's Inventory-to-Revenue for the quarter that ended in Dec. 2023
stayed the same
from Sep. 2023 (0.64) to Sep. 2023 (0.64)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Mesa Laboratories's Days Inventory for the
three
months ended in Dec. 2023 was 156.51.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mesa Laboratories's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.58.
Mesa Laboratories Inventory-to-Revenue Historical Data
The historical data trend for Mesa Laboratories'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 Mesa Laboratories's Inventory-to-Revenue
For the Scientific & Technical Instruments subindustry, Mesa Laboratories'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.
Mesa Laboratories's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Mesa Laboratories's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Mesa Laboratories's Inventory-to-Revenue falls into.
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.
Mesa Laboratories's Inventory-to-Revenue for the fiscal year that ended in Mar. 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.
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.
Mesa Laboratories's Days Inventory for the
three
months 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.
Mesa Laboratories Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Mesa Laboratories's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Mesa Laboratories (Mesa Laboratories) Business Description
Mesa Laboratories Inc manufactures life sciences tools and critical quality control products. It operates in 4 divisions: Sterilization and Disinfection Control, which manufactures and sells biological, cleaning, and chemical indicators. It also provides testing and laboratory services, mainly to the dental industry; Biopharmaceutical Development segment develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions; Calibration Solutions division develops, manufactures, and sells quality control and calibration products used to measure or calibrate temperature, pressure, pH, humidity, and other such parameters for health and safety purposes; and Clinical Genomics. Its geographical segments include United States and Foreign.
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