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Summer Infant (Summer Infant) Inventory-to-Revenue : 0.74 (As of Mar. 2022)


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What is Summer Infant 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. Summer Infant's Average Total Inventories for the quarter that ended in Mar. 2022 was $25.3 Mil. Summer Infant's Revenue for the three months ended in Mar. 2022 was $34.4 Mil. Summer Infant's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.74.

Summer Infant's Inventory-to-Revenue for the quarter that ended in Mar. 2022 declined from Dec. 2021 (0.75) to Dec. 2021 (0.74)

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. Summer Infant's Days Inventory for the three months ended in Mar. 2022 was 85.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Summer Infant's Inventory Turnover for the quarter that ended in Mar. 2022 was 1.07.


Summer Infant Inventory-to-Revenue Historical Data

The historical data trend for Summer Infant'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.

Summer Infant Inventory-to-Revenue Chart

Summer Infant Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.19 0.20 0.19 0.17

Summer Infant Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.58 0.57 0.52 0.75 0.74

Competitive Comparison of Summer Infant's Inventory-to-Revenue

For the Household & Personal Products subindustry, Summer Infant'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.


Summer Infant's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Summer Infant's Inventory-to-Revenue distribution charts can be found below:

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



Summer Infant 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.

Summer Infant's Inventory-to-Revenue for the fiscal year that ended in Dec. 2020 is calculated as

Inventory-to-Revenue (A: Dec. 2020 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )
=( (28.056 + 25.123) / 2 ) / 155.299
=26.5895 / 155.299
=0.17

Summer Infant's Inventory-to-Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue (Q: Mar. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Revenue (Q: Mar. 2022 )
=( (28.621 + 21.973) / 2 ) / 34.383
=25.297 / 34.383
=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.


Summer Infant  (NAS:SUMR) 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.

Summer Infant's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=25.297/27.114*365 / 4
=85.14

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

Summer Infant's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2022 ) / Average Total Inventories (Q: Mar. 2022 )
=27.114 / 25.297
=1.07

* 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.


Summer Infant Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Summer Infant's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Summer Infant (Summer Infant) Business Description

Traded in Other Exchanges
N/A
Address
1275 Park East Drive, Woonsocket, RI, USA, 02895
Summer Infant Inc is an infant and juvenile products company. It manufactures juvenile safety and infant care products. The product categories include monitoring, safety, nursery, baby gear, and feeding products. The company markets its products under the Summer Infant, SwaddleMe, and Born Free brand names. The entity sells its products in the United States and other countries, of which a majority of the revenue is derived from the United States.
Executives
Jason P Macari 10 percent owner 10 HANNAH DRIVE CUMBERLAND RI 02864
Andrew Michael Train director C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Bruce Meier officer: Interim CFO C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus 10 percent owner
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Stuart Noyes officer: Interim CEO C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
An Evelyn D director 1301 NE 103RD STREET, MIAMI SHORES FL 33138
Alan Mustacchi director C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Paul Francese officer: Chief Financial Officer C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895

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