What is Advanced Drainage Systems 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. Advanced Drainage Systems's Average Total Inventories for the quarter that ended in Dec. 2023 was $395 Mil. Advanced Drainage Systems's Revenue for the
three
months ended in Dec. 2023 was $662 Mil.
Advanced Drainage Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.60.
Advanced Drainage Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.53) to Sep. 2023 (0.60)
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.
Advanced Drainage Systems's Days Inventory for the
three
months ended in Dec. 2023 was 89.60.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Advanced Drainage Systems's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.02.
Advanced Drainage Systems Inventory-to-Revenue Historical Data
* 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.
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Advanced Drainage Systems Inventory-to-Revenue Chart
Competitive Comparison of Advanced Drainage Systems's Inventory-to-Revenue
For the Building Products & Equipment subindustry, Advanced Drainage Systems'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.
Advanced Drainage Systems's Inventory-to-Revenue Distribution in the Construction Industry
For the Construction industry and Industrials sector, Advanced Drainage Systems's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Advanced Drainage Systems's Inventory-to-Revenue falls into.
Advanced Drainage Systems 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.
Advanced Drainage Systems's Inventory-to-Revenue for the fiscal year that ended in Mar. 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.
Advanced Drainage Systems (NYSE:WMS) 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.
Advanced Drainage Systems's Days Inventory for the
three
months ended in Dec. 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.
Advanced Drainage Systems Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Advanced Drainage Systems's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Advanced Drainage Systems (Advanced Drainage Systems) Business Description
Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.
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