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. Jordan Steel's Average Total Inventories for the quarter that ended in Sep. 2024 was JOD5.51 Mil. Jordan Steel's Revenue for the
three
months ended in Sep. 2024 was JOD1.82 Mil.
Jordan Steel's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 3.02.
Jordan Steel's Inventory-to-Revenue for the quarter that ended in Sep. 2024
declined
from Jun. 2024 (3.69) to Jun. 2024 (3.02)
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.
Jordan Steel's Days Inventory for the
three
months ended in Sep. 2024 was 307.26.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Jordan Steel's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.30.
Jordan Steel Inventory-to-Revenue Historical Data
The historical data trend for Jordan 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 Jordan Steel's Inventory-to-Revenue
For the Steel subindustry, Jordan 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.
Jordan Steel's Inventory-to-Revenue Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Jordan Steel's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Jordan Steel's Inventory-to-Revenue falls into.
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.
Jordan 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.
Jordan Steel (AMM:JOST) 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.
Jordan Steel's Days Inventory for the
three
months ended in Sep. 2024 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.
Jordan Steel Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Jordan Steel's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Jordan Steel is a steel firm that specializes in the manufacturing of steel and iron products for the construction industry. The main activity of the company is to produce reinforcing steel and pull-through steel without heating to produce steel bars and for the production of iron skewers contributing to other companies, importing, exporting, marketing, concluding contracts and trade agreements, and borrowing the necessary funds from banks. The company's products include Concrete Reinforcement Steel Bars (Rebars), Flat and Square Bars, Standard Square Bars, and Plane Round Bars. It also manufactures steel billets and wire mesh products in different sizes.
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