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. AeroVironment's Average Total Inventories for the quarter that ended in Jan. 2024 was $171.6 Mil. AeroVironment's Revenue for the
three
months ended in Jan. 2024 was $186.6 Mil.
AeroVironment's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.92.
AeroVironment's Inventory-to-Revenue for the quarter that ended in Jan. 2024
declined
from Oct. 2023 (0.99) to Oct. 2023 (0.92)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AeroVironment's Days Inventory for the
three
months ended in Jan. 2024 was 131.24.
Inventory Turnover measures how fast the company turns over its inventory within a year.
AeroVironment's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.70.
AeroVironment Inventory-to-Revenue Historical Data
The historical data trend for AeroVironment'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.
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AeroVironment Annual Data
Trend
Apr14
Apr15
Apr16
Apr17
Apr18
Apr19
Apr20
Apr21
Apr22
Apr23
Inventory-to-Revenue
0.15
0.14
0.15
0.18
0.21
AeroVironment Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Inventory-to-Revenue
0.88
0.71
1.03
0.99
0.92
Competitive Comparison
For the Aerospace & Defense subindustry, AeroVironment'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.
AeroVironment Inventory-to-Revenue Distribution
For the Aerospace & Defense industry and Industrials sector, AeroVironment's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where AeroVironment's Inventory-to-Revenue falls into.
AeroVironment 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.
AeroVironment's Inventory-to-Revenue for the fiscal year that ended in Apr. 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.
AeroVironment's Days Inventory for the
three
months ended in Jan. 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.
AeroVironment Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of AeroVironment's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
AeroVironment (AeroVironment) Business Description
AeroVironment Inc operates under a single business segment in which it supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide "eyes in the sky" without needing an actual person, or driver, in the sky.
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