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. Olympic Steel's Average Total Inventories for the quarter that ended in Dec. 2023 was $389 Mil. Olympic Steel's Revenue for the
three
months ended in Dec. 2023 was $489 Mil.
Olympic Steel's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.80.
Olympic Steel's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.76) to Sep. 2023 (0.80)
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.
Olympic Steel's Days Inventory for the
three
months ended in Dec. 2023 was 94.59.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Olympic Steel's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.96.
Olympic Steel Inventory-to-Revenue Historical Data
The historical data trend for Olympic Steel'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 Olympic Steel's Inventory-to-Revenue
For the Steel subindustry, Olympic Steel'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.
Olympic Steel's Inventory-to-Revenue Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Olympic Steel's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Olympic Steel's Inventory-to-Revenue falls into.
Olympic Steel 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.
Olympic Steel's Inventory-to-Revenue for the fiscal year that 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.
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.
Olympic Steel'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.
Olympic Steel Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Olympic Steel's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Olympic Steel (Olympic Steel) Business Description
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ZEUS has been successfully added to your 