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Teledyne Technologies (Teledyne Technologies) Inventory-to-Revenue

: 0.66 (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. Teledyne Technologies's Average Total Inventories for the quarter that ended in Dec. 2023 was $940 Mil. Teledyne Technologies's Revenue for the three months ended in Dec. 2023 was $1,425 Mil. Teledyne Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.66.

Teledyne Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.69) to Sep. 2023 (0.66)

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. Teledyne Technologies's Days Inventory for the three months ended in Dec. 2023 was 106.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Teledyne Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.85.


Teledyne Technologies Inventory-to-Revenue Historical Data

The historical data trend for Teledyne Technologies'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.

Teledyne Technologies 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 0.12 0.12 0.12 0.15 0.16

Teledyne Technologies 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 0.61 0.67 0.68 0.69 0.66

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Teledyne Technologies'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.


Teledyne Technologies Inventory-to-Revenue Distribution

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

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



Teledyne Technologies 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.

Teledyne Technologies'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 )
=( (890.7 + 917.7) / 2 ) / 5635.5
=904.2 / 5635.5
=0.16

Teledyne Technologies'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 )
=( (962 + 917.7) / 2 ) / 1425
=939.85 / 1425
=0.66

* 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.


Teledyne Technologies  (NYSE:TDY) 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.

Teledyne Technologies'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
=939.85/801.9*365 / 4
=106.95

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

Teledyne Technologies'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 )
=801.9 / 939.85
=0.85

* 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.


Teledyne Technologies Inventory-to-Revenue Related Terms

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Teledyne Technologies (Teledyne Technologies) Business Description

Traded in Other Exchanges
Address
1049 Camino Dos Rios, Thousand Oaks, CA, USA, 91360-2362
Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue, and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.
Executives
Sue Main officer: VP & Controller TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Jason Vanwees officer: VP, Strategy, Mergers & Acq. 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Robert Mehrabian officer: Chairman, Pres. & CEO C/O TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Von Schack Wesley W director ENERGY EAST CORP, PO BOX 3287, ITHACA NY 14852-3287
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Jane Cecile Sherburne director ONE WALL STREET, NEW YORK NY 10286
Melanie Susan Cibik officer: Sr. VP, General Counsel & Sec. 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Stephen Finis Blackwood officer: Senior VP & Treasurer 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Bobb George C Iii officer: See Remarks 1039 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Charles Crocker director ONE POST ST, STE 2500, SAN FRANCISCO CA 94104
Kenneth C Dahlberg director SCIENCE APPLICATIONS INTERNATIONAL CORP., 10260 CAMPUS POINT DRIVE, SAN DIEGO CA 92121
Cynthia Y Belak officer: Vice President and Controller 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Simon M Lorne director 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Vincent J Morales director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Aldo Pichelli officer: Segment President & COO TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360