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Microvision (Microvision) Inventory-to-Revenue : 0.73 (As of Dec. 2023)


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What is Microvision 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. Microvision's Average Total Inventories for the quarter that ended in Dec. 2023 was $3.75 Mil. Microvision's Revenue for the three months ended in Dec. 2023 was $5.10 Mil. Microvision's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.73.

Microvision's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (3.13) to Sep. 2023 (0.73)

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. Microvision's Days Inventory for the three months ended in Dec. 2023 was 378.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Microvision's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.24.


Microvision Inventory-to-Revenue Historical Data

The historical data trend for Microvision'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.

Microvision Inventory-to-Revenue Chart

Microvision Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.06 0.74 2.80 0.40

Microvision 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 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 - 3.18 9.19 3.13 0.73

Competitive Comparison of Microvision's Inventory-to-Revenue

For the Scientific & Technical Instruments subindustry, Microvision'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.


Microvision's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Microvision's Inventory-to-Revenue distribution charts can be found below:

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



Microvision 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.

Microvision's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (1.861 + 3.874) / 2 ) / 7.259
=2.8675 / 7.259
=0.40

Microvision's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (3.616 + 3.874) / 2 ) / 5.101
=3.745 / 5.101
=0.73

* 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.


Microvision  (NAS:MVIS) 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.

Microvision's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=3.745/0.902*365 / 4
=378.86

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

Microvision's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0.902 / 3.745
=0.24

* 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.


Microvision Inventory-to-Revenue Related Terms

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Microvision (Microvision) Business Description

Traded in Other Exchanges
Address
18390 NE 68th Street, Redmond, WA, USA, 98052
Microvision Inc is engaged in developing a lidar sensor to be used in automotive safety and autonomous driving applications. Its lidar sensor uses laser beam scanning (LBS) technology, which is based on systems that include micro-electrical mechanical systems (MEMS), laser diodes, optomechanics, electronics, algorithms, and software. The company has also developed solutions for Augmented Reality, Interactive Displays, and Consumer Lidars.
Executives
Robert Paul Carlile director 1226 ALKI AVE SW, 5200, SEATTLE WA 98116
Judith Mecham Curran director 17883 STONEBROOK CT, NORTHVILLE MI 48168
Mark Bradley Spitzer director 5 MINK TRAP LANE, SHARON MA 02067
Sumit Sharma director, officer: CEO 541 LAKE WASHINGTON BLVD E, SEATTLE WA 98112
Jeffrey A Herbst director 35 ORCHARD HILLS STREET, ATHERTON CA 94027
Drew G Markham officer: VP, General Counsel 6244 185TH AVE NE, STE 100, REDMOND WA 98052
Seval F Oz director 14901 BRONSON AVENUE, SAN JOSE CA 95124
Simon Biddiscombe director C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Anubhav Verma officer: VP, Chief Financial Officer 6244 185TH AVE NE, STE 100, REDMOND WA 98052
Stephen Patrick Holt officer: Chief Financial Officer C/O MICROVISION, INC., 6222 185TH AVE NE, REDMOND WA 98052
Brian V Turner director P.O. BOX 91123, SEATTLE WA 98111-9223
Perry Mulligan director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Bernee Dl Strom director, Director 5500 LAKE WASHINGTON BLVD NE, UNIT 3B, KIRKLAND WA 98033
Alexander Y Tokman officer: President and COO C/O MICROVISION, INC., 6222 185TH AVENUE NE, REDMOND WA 98052
David J Westgor officer: VP,General Counsel & Secretary C/O MICROVISION, INC., 6244 185TH AVENUE NE, REDMOND WA 98052