GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Smart Parking Ltd (ASX:SPZ) » Definitions » Inventory-to-Revenue

Smart Parking (ASX:SPZ) Inventory-to-Revenue : 0.03 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Smart Parking 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. Smart Parking's Average Total Inventories for the quarter that ended in Dec. 2023 was A$0.71 Mil. Smart Parking's Revenue for the six months ended in Dec. 2023 was A$26.58 Mil. Smart Parking's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Smart Parking's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.03) to Jun. 2023 (0.03)

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. Smart Parking's Days Inventory for the six months ended in Dec. 2023 was 152.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart Parking's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.20.


Smart Parking Inventory-to-Revenue Historical Data

The historical data trend for Smart Parking'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.

Smart Parking Inventory-to-Revenue Chart

Smart Parking Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.06 0.07 0.03 0.02

Smart Parking Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial 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 0.07 0.04 0.04 0.03 0.03

Competitive Comparison of Smart Parking's Inventory-to-Revenue

For the Infrastructure Operations subindustry, Smart Parking'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.


Smart Parking's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Smart Parking's Inventory-to-Revenue distribution charts can be found below:

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



Smart Parking 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.

Smart Parking's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (0.96 + 0.705) / 2 ) / 45.051
=0.8325 / 45.051
=0.02

Smart Parking'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0.705 + 0.714) / 2 ) / 26.581
=0.7095 / 26.581
=0.03

* 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.


Smart Parking  (ASX:SPZ) 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.

Smart Parking's Days Inventory for the six 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
=0.7095/0.849*365 / 2
=152.51

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

Smart Parking'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 )
=0.849 / 0.7095
=1.20

* 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.


Smart Parking Inventory-to-Revenue Related Terms

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


Smart Parking (ASX:SPZ) Business Description

Traded in Other Exchanges
N/A
Address
85 Dundas Place, Albert Park, VIC, AUS, 3206
Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments. The Technology segment consists of the sale of Smart City and IoT technology products and solutions predominantly to the parking market globally; the Parking Management segment, which is the key revenue driver, consists of the provision of car parking management services on behalf of third party car park owners and on sites leased by the company and managed on its own behalf in the UK; and Research and Development segment includes costs to research, develop and enhance software/hardware for both the Technology and Parking Management divisions. Geographically, it has a presence in North America; UK and Europe; Asia, and Australia.

Smart Parking (ASX:SPZ) Headlines

No Headlines