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. International Flavors & Fragrances's Average Total Inventories for the quarter that ended in Dec. 2023 was $2,672 Mil. International Flavors & Fragrances's Revenue for the
three
months ended in Dec. 2023 was $2,703 Mil.
International Flavors & Fragrances's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.99.
International Flavors & Fragrances's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (1.00) to Sep. 2023 (0.99)
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.
International Flavors & Fragrances's Days Inventory for the
three
months ended in Dec. 2023 was 132.30.
Inventory Turnover measures how fast the company turns over its inventory within a year.
International Flavors & Fragrances's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.69.
International Flavors & Fragrances Inventory-to-Revenue Historical Data
The historical data trend for International Flavors & Fragrances'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.
International Flavors & Fragrances Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Inventory-to-Revenue
0.21
0.22
0.16
0.23
0.26
International Flavors & Fragrances 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
1.13
1.06
1.03
1.00
0.99
Competitive Comparison
For the Specialty Chemicals subindustry, International Flavors & Fragrances'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.
International Flavors & Fragrances Inventory-to-Revenue Distribution
For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where International Flavors & Fragrances's Inventory-to-Revenue falls into.
International Flavors & Fragrances 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.
International Flavors & Fragrances'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.
International Flavors & Fragrances (NYSE:IFF) 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.
International Flavors & Fragrances'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.
International Flavors & Fragrances Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of International Flavors & Fragrances's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
International Flavors & Fragrances (International Flavors & Fragrances) Business Description
International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world. The firm also sells pharmaceutical ingredients such as excipients and time-release polymers.
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