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Raven Industries (Raven Industries) Inventory-to-Revenue : 0.61 (As of Jul. 2021)


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What is Raven Industries 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. Raven Industries's Average Total Inventories for the quarter that ended in Jul. 2021 was $69.5 Mil. Raven Industries's Revenue for the three months ended in Jul. 2021 was $114.4 Mil. Raven Industries's Inventory-to-Revenue for the quarter that ended in Jul. 2021 was 0.61.

Raven Industries's Inventory-to-Revenue for the quarter that ended in Jul. 2021 increased from Apr. 2021 (0.52) to Apr. 2021 (0.61)

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. Raven Industries's Days Inventory for the three months ended in Jul. 2021 was 87.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Raven Industries's Inventory Turnover for the quarter that ended in Jul. 2021 was 1.04.


Raven Industries Inventory-to-Revenue Historical Data

The historical data trend for Raven Industries'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.

Raven Industries Inventory-to-Revenue Chart

Raven Industries Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.13 0.14 0.14 0.15

Raven Industries Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.50 0.61 0.52 0.61

Competitive Comparison of Raven Industries's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Raven Industries'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.


Raven Industries's Inventory-to-Revenue Distribution in the Industrial Products Industry

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

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



Raven Industries 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.

Raven Industries's Inventory-to-Revenue for the fiscal year that ended in Jan. 2021 is calculated as

Inventory-to-Revenue (A: Jan. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jan. 2020 ) + Total Inventories (A: Jan. 2021 )) / count ) / Revenue (A: Jan. 2021 )
=( (53.899 + 52.703) / 2 ) / 348.359
=53.301 / 348.359
=0.15

Raven Industries's Inventory-to-Revenue for the quarter that ended in Jul. 2021 is calculated as

Inventory-to-Revenue (Q: Jul. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Apr. 2021 ) + Total Inventories (Q: Jul. 2021 )) / count ) / Revenue (Q: Jul. 2021 )
=( (63.407 + 75.692) / 2 ) / 114.426
=69.5495 / 114.426
=0.61

* 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.


Raven Industries  (NAS:RAVN) 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.

Raven Industries's Days Inventory for the three months ended in Jul. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2021 )/Cost of Goods Sold (Q: Jul. 2021 )*Days in Period
=69.5495/72.257*365 / 4
=87.83

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

Raven Industries's Inventory Turnover for the quarter that ended in Jul. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2021 ) / Average Total Inventories (Q: Jul. 2021 )
=72.257 / 69.5495
=1.04

* 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.


Raven Industries Inventory-to-Revenue Related Terms

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Raven Industries (Raven Industries) Business Description

Traded in Other Exchanges
N/A
Address
205 East 6th Street, P.O. Box 5107, Sioux Falls, SD, USA, 57117- 5107
Raven Industries Inc is a diversified technology company providing products to customers within the industrial, agricultural, energy, construction, and defense markets. The company has three reportable segments namely Applied Technology, Engineered Films Division, and Aerostar Division. Applied Technology sells its precision agriculture control products to both original equipment manufacturers and through aftermarket distribution partners. Its Engineered Films produces high-performance plastic films and sheeting for geomembrane, agricultural, construction, and industrial applications, and Aerostar serves the aerospace/defense, radar, and lighter-than-air markets. It generates a majority of its revenue from the Engineered Films segment.
Executives
Brian E Meyer officer: Division Vice President & GM P.O. BOX 5107 SIOUX FALLS SD 57117
Marc E Lebaron director 600 WEST E STREET, LINCOLN NE 68522
Steven E Brazones officer: VP & CFO, Treasurer P.O. BOX 5107 SIOUX FALLS SD 57117
Jason M Andringa director PO BOX 5107 SIOUX FALLS SD 57117
Lee A Magnuson officer: General Counsel and VP P.O. BOX 5107 SIOUX FALLS SD 57117-5107
Lois M Martin director PO BOX 1101, ADC TELCOMMUNICATIONS INC, MINNEAPOLIS MN 55440-1104
Janet M Holloway director MONSANTO COMPANY 800 N. LINDBERGH BLVD. ST. LOUIS MO 63167
Thomas S Everist director
Rick Parod director 2707 N 108TH STREET STE102, OMAHA NE 68164
Kevin T. Kirby director P.O. BOX 5107 SIOUX FALLS SD 57117
Nicole M Freesemann officer: Vice President HR P.O. BOX 5107 SIOUX FALLS SD 57117-5107
Scott W Wickersham officer: Div VP & General Manager P.O. BOX 5107 SIOUX FALLS SD 57117-5107
Johnson Schmidt Anthony D officer: Division VP and GM P.O. BOX 5107 SIOUX FALLS SD 57117
Daniel A Rykhus director, officer: President & CEO C/O RAVEN INDUSTRIES, PO BOX 5107, SIOUX FALLS SD 57117
David L Chicoine director 800 NORTH LINDBERGH BLVD. ST. LOUIS MO 63167