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Ferro (FOE) Inventory-to-Revenue : 1.00 (As of Dec. 2021)


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What is Ferro 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. Ferro's Average Total Inventories for the quarter that ended in Dec. 2021 was $265 Mil. Ferro's Revenue for the three months ended in Dec. 2021 was $266 Mil. Ferro's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 1.00.

Ferro's Inventory-to-Revenue for the quarter that ended in Dec. 2021 increased from Sep. 2021 (0.95) to Sep. 2021 (1.00)

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. Ferro's Days Inventory for the three months ended in Dec. 2021 was 124.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ferro's Inventory Turnover for the quarter that ended in Dec. 2021 was 0.74.


Ferro Inventory-to-Revenue Historical Data

The historical data trend for Ferro'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.

Ferro Inventory-to-Revenue Chart

Ferro Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.27 0.25 0.27 0.23

Ferro Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 1.03 0.89 0.87 0.95 1.00

Competitive Comparison of Ferro's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Ferro'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.


Ferro's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ferro's Inventory-to-Revenue distribution charts can be found below:

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



Ferro 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.

Ferro's Inventory-to-Revenue for the fiscal year that ended in Dec. 2021 is calculated as

Inventory-to-Revenue (A: Dec. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Revenue (A: Dec. 2021 )
=( (260.332 + 262.669) / 2 ) / 1126.264
=261.5005 / 1126.264
=0.23

Ferro's Inventory-to-Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue (Q: Dec. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Dec. 2021 )) / count ) / Revenue (Q: Dec. 2021 )
=( (267.994 + 262.669) / 2 ) / 266.347
=265.3315 / 266.347
=1.00

* 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.


Ferro  (NYSE:FOE) 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.

Ferro's Days Inventory for the three months ended in Dec. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2021 )/Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=265.3315/195.044*365 / 4
=124.13

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

Ferro's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2021 ) / Average Total Inventories (Q: Dec. 2021 )
=195.044 / 265.3315
=0.74

* 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.


Ferro Inventory-to-Revenue Related Terms

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Ferro (FOE) Business Description

Traded in Other Exchanges
N/A
Address
6060 Parkland Boulevard, Suite 250, Mayfield Heights, OH, USA, 44124
Ferro corp produces specialty materials sold to manufacturers in various industries. The company operates in two segments: functional coatings and color solutions. Its product portfolio includes frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings. The functional coatings segment contributes the majority of the company's revenue. Ferro's products have applications in various markets such as electronics, appliances, automotive, consumer, sanitary, and packaging. Its geographical segments are Europe, the Middle East, and Africa; the United States; Asia-Pacific; and Latin America. EMEA generates the most revenue, closely followed by the U.S.
Executives
Andrew T Henke officer: Chief Accounting Officer 6060 PARKLAND BLVD SUITE 250 MAYFIELD HEIGHTS OH 44124
Allen A Spizzo director 1313 N MARKET ST, WILMINGTON DE 19894
Andrew M Ross director 6060 PARKLAND BLVD, MAYFIELD VILLAGE OH 44124
David A Lorber director C/O FRONTFOUR CAPITAL GROUP LLC, 35 MASON STREET, 4TH FLOOR, GREENWICH CT 06830
Benjamin Schlater officer: Chief Financial Officer C/O FERRO CORPORATION 6060 PARKLAND BLVD SUITE 250 MAYFIELD HEIGHTS OH 44124
Ronald P Vargo director 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940
Marran H. Ogilvie director 599 LEXINGTON AVENUE, NEW YORK NY 10022
Peter T Thomas officer: Vice President 1000 LAKESIDE AVENUE, CLEVELAND OH 44114
Mark Hugo Duesenberg officer: General Counsel 1000 LAKESIDE CLEVELAND OH 44114
James Barna officer: Chief Accounting Officer C/O FERRO CORPORATION 6060 PARKLAND BLVD, SUITE 250, MAYFIELD HEIGHTS OH 44124
Ann Killian officer: Vice President 1000 LAKESIDE AVENUE CLEVELAND OH 44114
Jeffry N Quinn director 12935 NORTH FORTY DRIVE, SUITE 201, ST. LOUIS MO 63141
Jeffrey L Rutherford officer: V.P and CFO 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Timothy K Pistell director PARKER HANNIFIN CORP, 6035 PARKLAND BLVD, CLEVELAND OH 44112
Kong Peter T M director KULICKE AND SOFFA INDUSTRIES INC., 1005 VIRGINIA DRIVE, FT. WASHINGTON PA 19034