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. Kronos Worldwide's Average Total Inventories for the quarter that ended in Dec. 2023 was $531 Mil. Kronos Worldwide's Revenue for the
three
months ended in Dec. 2023 was $400 Mil.
Kronos Worldwide's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.33.
Kronos Worldwide's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (1.31) to Sep. 2023 (1.33)
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.
Kronos Worldwide's Days Inventory for the
three
months ended in Dec. 2023 was 140.70.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kronos Worldwide's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.65.
Kronos Worldwide Inventory-to-Revenue Historical Data
The historical data trend for Kronos Worldwide'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.
For the Specialty Chemicals subindustry, Kronos Worldwide'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.
Kronos Worldwide Inventory-to-Revenue Distribution
For the Chemicals industry and Basic Materials sector, Kronos Worldwide's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Kronos Worldwide's Inventory-to-Revenue falls into.
Kronos Worldwide 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.
Kronos Worldwide'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.
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.
Kronos Worldwide'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.
Kronos Worldwide Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Kronos Worldwide's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Kronos Worldwide (Kronos Worldwide) Business Description
Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in a variety of products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second- largest product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from the United States.
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