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. Park Aerospace's Average Total Inventories for the quarter that ended in Nov. 2023 was $7.94 Mil. Park Aerospace's Revenue for the
three
months ended in Nov. 2023 was $11.64 Mil.
Park Aerospace's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.68.
Park Aerospace's Inventory-to-Revenue for the quarter that ended in Nov. 2023
increased
from Aug. 2023 (0.66) to Aug. 2023 (0.68)
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.
Park Aerospace's Days Inventory for the
three
months ended in Nov. 2023 was 85.53.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Park Aerospace's Inventory Turnover for the quarter that ended in Nov. 2023 was 1.07.
Park Aerospace Inventory-to-Revenue Historical Data
The historical data trend for Park Aerospace'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 Park Aerospace's Inventory-to-Revenue
For the Aerospace & Defense subindustry, Park Aerospace'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.
Park Aerospace's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Park Aerospace's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Park Aerospace's Inventory-to-Revenue falls into.
Park Aerospace 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.
Park Aerospace'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.
Park Aerospace (NYSE:PKE) 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.
Park Aerospace's Days Inventory for the
three
months ended in Nov. 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.
Park Aerospace Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Park Aerospace's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Park Aerospace (Park Aerospace) Business Description
Park Aerospace Corp designs develop and manufactures engineered, Advanced composite materials and composite structures and assemblies and low-volume tooling for the aerospace markets and prototype tooling for such structures and assemblies. It only operating business segments is Aerospace. Geographically, the company derives a majority of revenue from North America and also has a presence in a company operates its business in Asia and Europe. It offers Advanced Composite Prepregs for Aircraft Structures and Interiors, Sigma Strut and Alpha Strut.
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