What is Environmental Tectonics 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. Environmental Tectonics's Average Total Inventories for the quarter that ended in Aug. 2023 was $1.92 Mil. Environmental Tectonics's Revenue for the
six
months ended in Aug. 2023 was $16.68 Mil.
Environmental Tectonics's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.12.
Environmental Tectonics's Inventory-to-Revenue for the quarter that ended in Aug. 2023
declined
from Feb. 2023 (0.13) to Feb. 2023 (0.12)
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.
Environmental Tectonics's Days Inventory for the
six
months ended in Aug. 2023 was 27.94.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Environmental Tectonics's Inventory Turnover for the quarter that ended in Aug. 2023 was 6.53.
Environmental Tectonics Inventory-to-Revenue Historical Data
The historical data trend for Environmental Tectonics'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 Environmental Tectonics's Inventory-to-Revenue
For the Aerospace & Defense subindustry, Environmental Tectonics'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.
Environmental Tectonics's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Environmental Tectonics's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Environmental Tectonics's Inventory-to-Revenue falls into.
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.
Environmental Tectonics's Inventory-to-Revenue for the fiscal year that ended in Feb. 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.
Environmental Tectonics's Days Inventory for the
six
months ended in Aug. 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.
Environmental Tectonics Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Environmental Tectonics's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Environmental Tectonics (Environmental Tectonics) Business Description
Environmental Tectonics Corp is an environmental simulation company that provides training equipment, emergency response training simulators, and commercial equipment for the automotive, healthcare, and medical device industries. It operates in two primary business segments, Aerospace Solutions, and Commercial/Industrial Systems (CIS). Aerospace encompasses the design, manufacture, and sale of aircrew training systems products; altitude (hypobaric) chambers; hyperbaric chambers as well as integrated logistics support. CIS encompasses the design, manufacture, and sale of steam and gas sterilizers, environmental testing and simulation devices, and hyperbaric chambers. Aerospace Solutions segment is the major revenue contributor to the company.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ETCC has been successfully added to your 