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. Finnair Oyj's Average Total Inventories for the quarter that ended in Mar. 2024 was €103 Mil. Finnair Oyj's Revenue for the
three
months ended in Mar. 2024 was €682 Mil.
Finnair Oyj's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.
Finnair Oyj's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.12) to Dec. 2023 (0.15)
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.
Finnair Oyj's Days Inventory for the
three
months ended in Mar. 2024 was 14.54.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Finnair Oyj's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.28.
Finnair Oyj Inventory-to-Revenue Historical Data
The historical data trend for Finnair Oyj'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 Finnair Oyj's Inventory-to-Revenue
For the Airlines subindustry, Finnair Oyj'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.
Finnair Oyj's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Finnair Oyj's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Finnair Oyj's Inventory-to-Revenue falls into.
Finnair Oyj 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.
Finnair Oyj'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.
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.
Finnair Oyj'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.
Finnair Oyj Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Finnair Oyj's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. It is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.
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