SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'inventory2rev' SUP (Superior Industries International) Inventory-to-Revenu
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Superior Industries International Inc (NYSE:SUP) » Definitions » Inventory-to-Revenue

Superior Industries International (Superior Industries International) Inventory-to-Revenue

: 0.50 (As of Dec. 2023)
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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. Superior Industries International's Average Total Inventories for the quarter that ended in Dec. 2023 was $153 Mil. Superior Industries International's Revenue for the three months ended in Dec. 2023 was $309 Mil. Superior Industries International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.50.

Superior Industries International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.53) to Sep. 2023 (0.50)

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. Superior Industries International's Days Inventory for the three months ended in Dec. 2023 was 47.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Superior Industries International's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.92.

Superior Industries International Inventory-to-Revenue Historical Data

The historical data trend for Superior Industries International'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.

Superior Industries International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.15 0.12 0.11 0.12

Superior Industries International 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 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 Premium Member Only Premium Member Only Premium Member Only 0.46 0.48 0.50 0.53 0.50
Competitive Comparison

For the Auto Parts subindustry, Superior Industries International'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.

Superior Industries International Inventory-to-Revenue Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Superior Industries International's Inventory-to-Revenue distribution charts can be found below:

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


Superior Industries International 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.

Superior Industries International'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 )
=( (178.688 + 144.609) / 2 ) / 1385.283
=161.6485 / 1385.283
=0.12

Superior Industries International'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 )
=( (162.003 + 144.609) / 2 ) / 308.637
=153.306 / 308.637
=0.50

* 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.

Superior Industries International  (NYSE:SUP) 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.

Superior Industries International'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
=153.306/293.789*365 / 4
=47.62

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

Superior Industries International'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 )
=293.789 / 153.306
=1.92

* 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.

Superior Industries International Inventory-to-Revenue Related Terms

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

Superior Industries International (Superior Industries International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Superior Industries International Inc (NYSE:SUP) » Definitions » Inventory-to-Revenue
Comparable Companies
STRT CAAS NCNC SYPR CREV SCTH WKSP FFLO MPAA OMTK TSE:7315 TSE:6902 TSE:5108 XPAR:ML MBLY APTV XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
SPD:Germany SPD:Germany
Address
26600 Telegraph Road, Suite 400, Southfield, MI, USA, 48033
Website
https://www.supind.com
Superior Industries International Inc is engaged in the design and manufacture of aluminum wheels for sale to OEMs in North America and Europe and to the aftermarket in Europe. The company's OEM aluminum wheels are primarily sold for factory installation on vehicle models manufactured by BMW (including Mini), Daimler (Mercedes-Benz, AMG, Smart), Ford, GM, Honda, Jaguar-Land Rover, Lucid Motors, Mazda, Nissan, PSA, Renault, Stellantis, Subaru, Suzuki, Toyota, VW Group (Volkswagen, Audi, SEAT, Skoda, Porsche, Bentley) and Volvo. It sells aluminum wheels to the European aftermarket under the brands' ATS, RIAL, ALUTEC and ANZIO.
Executives
Mill Road Capital Iii, L.p. 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Timothy Trenary officer: Chief Financial Officer 33583 WOODWARD AVENUE, BIRMINGHAM MI 48009
Parveen Kakar officer: Senior Vice President
Kevin Martin Burke officer: Chief Human Resources Officer 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033
Michael Hatzfeld officer: VP Finance & Corp Controller C/O SUPERIOR INDUSTRIES INTERNATIONAL, 26600 TELEGRAPH RD., STE 400, SOUTHFIELD MI 48033
David M Sherbin officer: Senior VP and General Counsel 4181 AO SOUTHMOOR LANE, WEST BLOOMFIELD MI 48323
Andreas Meyer officer: SVP, President Europe 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033
Raynard D. Benvenuti director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Thomas E Lynch 10 percent owner 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
Mill Road Capital Iii Gp Llc 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Michael Dorah officer: SVP, President North America C/O DELPHI TECHNOLOGIES PLC, 1 ANGEL COURT, 10TH FLOOR, LONDON X0 EC2R 7HJ
Majdi Abulaban officer: CEO C/O DELPHI AUTOMOTIVE LLP, 5725 DELPHI DRIVE, TROY MI 48098
Troy W Ford officer: Interim CFO 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033