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. Berry Global Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,623 Mil. Berry Global Group's Revenue for the
three
months ended in Dec. 2023 was $2,853 Mil.
Berry Global Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.57.
Berry Global Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.53) to Sep. 2023 (0.57)
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.
Berry Global Group's Days Inventory for the
three
months ended in Dec. 2023 was 62.25.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Berry Global Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.47.
Berry Global Group Inventory-to-Revenue Historical Data
The historical data trend for Berry Global Group'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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Berry Global Group Annual Data
Trend
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Sep22
Sep23
Inventory-to-Revenue
0.13
0.11
0.12
0.13
0.13
Berry Global Group Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Inventory-to-Revenue
0.61
0.57
0.56
0.53
0.57
Competitive Comparison
For the Packaging & Containers subindustry, Berry Global Group'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.
Berry Global Group Inventory-to-Revenue Distribution
For the Packaging & Containers industry and Consumer Cyclical sector, Berry Global Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Berry Global Group's Inventory-to-Revenue falls into.
Berry Global Group 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.
Berry Global Group's Inventory-to-Revenue for the fiscal year that ended in Sep. 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.
Berry Global Group (NYSE:BERY) 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.
Berry Global Group'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.
Berry Global Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Berry Global Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Berry Global Group (Berry Global Group) Business Description
Berry global Group Inc is a leading global supplier of plastic packaging products mainly sold to consumer-oriented end markets. The four business segments are consumer packaging international, consumer packaging North America, engineered materials, and health, hygiene, and specialties. The company primarily uses plastic resin as its raw material, purchased from a variety of suppliers. The majority of revenue comes from consumer packaging international due to the acquisition of RPC, which expanded the geographical areas in which the company operates. The consumer packaging segment consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, containers, and technical components.
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