What is Commercial Vehicle Group 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. Commercial Vehicle Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $128.1 Mil. Commercial Vehicle Group's Revenue for the
three
months ended in Dec. 2023 was $223.1 Mil.
Commercial Vehicle Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.57.
Commercial Vehicle 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.
Commercial Vehicle Group's Days Inventory for the
three
months ended in Dec. 2023 was 59.38.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Commercial Vehicle Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.54.
Commercial Vehicle Group Inventory-to-Revenue Historical Data
The historical data trend for Commercial Vehicle 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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Commercial Vehicle Group Inventory-to-Revenue Chart
Competitive Comparison of Commercial Vehicle Group's Inventory-to-Revenue
For the Auto Parts subindustry, Commercial Vehicle 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.
Commercial Vehicle Group's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Commercial Vehicle Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Commercial Vehicle Group's Inventory-to-Revenue falls into.
Commercial Vehicle 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.
Commercial Vehicle Group'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.
Commercial Vehicle Group (NAS:CVGI) 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.
Commercial Vehicle 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.
Commercial Vehicle Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Commercial Vehicle Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Commercial Vehicle Group (Commercial Vehicle Group) Business Description
Commercial Vehicle Group Inc is a supplier of cab-related products and systems. Its operating segments are Vehicle Solutions, Industrial Automation, Electrical Systems, and Aftermarket and Accessories. Vehicle Solutions segment designs manufacture and sell Commercial vehicle seats and Plastic components. Warehouse Automation segment designs, manufactures, and sells Warehouse automation subsystems including control panels, electro-mechanical assemblies, cable assemblies, and power and communication solutions. Electrical Systems segment designs, manufactures and sells cable and harness assemblies for both high and low voltage applications, control boxes, dashboard assemblies, and design and engineering for these applications.
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