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Clarcor (Clarcor) Inventory-to-Revenue : 0.65 (As of Nov. 2016)


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What is Clarcor 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. Clarcor's Average Total Inventories for the quarter that ended in Nov. 2016 was $244 Mil. Clarcor's Revenue for the three months ended in Nov. 2016 was $377 Mil. Clarcor's Inventory-to-Revenue for the quarter that ended in Nov. 2016 was 0.65.

Clarcor's Inventory-to-Revenue for the quarter that ended in Nov. 2016 declined from Aug. 2016 (0.76) to Aug. 2016 (0.65)

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. Clarcor's Days Inventory for the three months ended in Nov. 2016 was 88.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clarcor's Inventory Turnover for the quarter that ended in Nov. 2016 was 1.03.


Clarcor Inventory-to-Revenue Historical Data

The historical data trend for Clarcor'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.

Clarcor Inventory-to-Revenue Chart

Clarcor Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.19 0.16 0.19 0.18

Clarcor Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 0.75 0.87 0.73 0.76 0.65

Competitive Comparison of Clarcor's Inventory-to-Revenue

For the Pollution & Treatment Controls subindustry, Clarcor'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.


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

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

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



Clarcor 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.

Clarcor's Inventory-to-Revenue for the fiscal year that ended in Nov. 2016 is calculated as

Inventory-to-Revenue (A: Nov. 2016 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Nov. 2015 ) + Total Inventories (A: Nov. 2016 )) / count ) / Revenue (A: Nov. 2016 )
=( (274.825 + 237.627) / 2 ) / 1389.573
=256.226 / 1389.573
=0.18

Clarcor's Inventory-to-Revenue for the quarter that ended in Nov. 2016 is calculated as

Inventory-to-Revenue (Q: Nov. 2016 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Aug. 2016 ) + Total Inventories (Q: Nov. 2016 )) / count ) / Revenue (Q: Nov. 2016 )
=( (250.781 + 237.627) / 2 ) / 376.946
=244.204 / 376.946
=0.65

* 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.


Clarcor  (NYSE:CLC) 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.

Clarcor's Days Inventory for the three months ended in Nov. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2016 )/Cost of Goods Sold (Q: Nov. 2016 )*Days in Period
=244.204/252.21*365 / 4
=88.35

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

Clarcor's Inventory Turnover for the quarter that ended in Nov. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2016 ) / Average Total Inventories (Q: Nov. 2016 )
=252.21 / 244.204
=1.03

* 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.


Clarcor Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Clarcor's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Clarcor (Clarcor) Business Description

Traded in Other Exchanges
N/A
Address
Clarcor Inc was organized in 1904 as an Illinois corporation and in 1969 was reincorporated in the State of Delaware. The Company conducts business in three main industry segments: Engine/ Mobile Filtration; Industrial/ Environmental Filtration; and Packaging. The Company's Engine/Mobile Filtration segment manufactures and sells filtration products for engines used in stationary power generation and for engines in mobile equipment applications, including trucks, automobiles, buses and locomotives, and marine, construction, industrial, mining and agricultural equipment. The products in the Engine/Mobile Filtration segment include oil, air, fuel, coolant, transmission and hydraulic fluid filters which are used in a variety of applications and in processes where filter efficiency, capacity and reliability are essential. The Company's Industrial/Environmental Filtration segment includes liquid process filtration products and air filtration products and systems used to maintain high interior air quality and to control exterior pollution. The segment's liquid process filtration products include specialty industrial process liquid filters; filters for pharmaceutical processes and beverages; filtration systems, filters and coalescers for the oil and natural gas industry; filtration systems for aircraft refueling, anti-pollution, sewage treatment and water recycling; bilge water separators; sand control filters for oil and gas drilling; and woven wire and metallic products for filtration of plastics and polymer fibers. These filters use a variety of string wound, meltblown, porous and sintered and non-sintered metal media, woven wire and absorbent media. The segment's air filtration products represent air filters and cleaners, including antimicrobial treated filters and high efficiency electronic air cleaners. These products are used in commercial buildings, hospitals, factories, residential buildings, residences, paint spray booths, gas turbine systems, medical facilities, motor vehicle cabins, aircraft cabins, clean rooms, compressors and dust collector systems. The Company's Packaging segment is conducted by a wholly-owned subsidiary, J.L. Clark, Inc. Products in both the Engine/Mobile Filtration and Industrial/Environmental Filtration segments are sold through a combination of independent distributors, dealers for original equipment manufacturers, retail stores and directly to end-use customers such as truck and equipment fleet users, manufacturing companies and contractors. The primary raw materials the Company uses to manufacture and package its products include various types of steel, adhesives, petrochemical-based materials, wood based products and filter medias made from materials such as wood pulps, metals, polyester, polypropylene, fiberglass and other synthetic fibers. Products in both the Engine/Mobile Filtration and Industrial/Environmental Filtration segments are sold through a combination of independent distributors, OEMs
Executives
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Philip R Lochner director 699 LAKE AVENUE, GREENWICH CT 06830
Thomas Giacomini director C/O JOHN BEAN TECHNOLOGIES CORPORATION, 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Robert J Burgstahler director
Wesley M Clark director 840 CRESCENT CENTRE DRIVE, #600, CLARCOR INC., FRANKLIN TN 37067
Richard M Wolfson officer: VP, General Counsel 2918 FIFTH AVENUE SOUTH, SUITE 209, SAN DIEGO CA 92103
James W Bradford director GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Robert H Jenkins director PO BOX 7003, ROCKFORD IL 61125-7003
Paul Donovan director PO BOX 7003, ROCKFORD IL 61125-7003
Mark A Emkes director 425 WINTER ROAD, DELAWARE OH 43015
James L Packard director 200 STATE STREET, BELOIT WI 53511
Christopher Conway officer: President and CEO C/O CLARCOR, 840 CRESCENT CENTRE DR SUITE 600, FRANKLIN TN 37064
David Joseph Fallon officer: VP-Chief Financial Officer 28213 VAN DYKE AVENUE, WARREN MI 48093
Norman E Johnson director, other: Executive Chairman 501 SEVENTH STREET, P O BOX 1537, ROCKFORD IL 61110-0037
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201

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