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. TTM Technologies's Average Total Inventories for the quarter that ended in Dec. 2023 was $210 Mil. TTM Technologies's Revenue for the
three
months ended in Dec. 2023 was $569 Mil.
TTM Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.
TTM Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.34) to Sep. 2023 (0.37)
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.
TTM Technologies's Days Inventory for the
three
months ended in Dec. 2023 was 42.16.
Inventory Turnover measures how fast the company turns over its inventory within a year.
TTM Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.16.
TTM Technologies Inventory-to-Revenue Historical Data
The historical data trend for TTM Technologies'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 TTM Technologies's Inventory-to-Revenue
For the Electronic Components subindustry, TTM Technologies'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.
TTM Technologies's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, TTM Technologies's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where TTM Technologies's Inventory-to-Revenue falls into.
TTM Technologies 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.
TTM Technologies'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.
TTM Technologies'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.
TTM Technologies Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of TTM Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
TTM Technologies (TTM Technologies) Business Description
TTM Technologies Inc manufactures printed circuit boards. The company is based in the United States and derives roughly half of its revenue domestically. The company organizes itself into two segments: printed circuit boards and RF&S Components. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation, and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.
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