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. Afarak Group SE's Average Total Inventories for the quarter that ended in Dec. 2022 was €25.1 Mil. Afarak Group SE's Revenue for the
six
months ended in Dec. 2022 was €106.6 Mil.
Afarak Group SE's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.24.
Afarak Group SE's Inventory-to-Revenue for the quarter that ended in Dec. 2022
increased
from Jun. 2022 (0.21) to Jun. 2022 (0.24)
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.
Afarak Group SE's Days Inventory for the
six
months ended in Dec. 2022 was 37.68.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Afarak Group SE's Inventory Turnover for the quarter that ended in Dec. 2022 was 4.84.
Afarak Group SE Inventory-to-Revenue Historical Data
The historical data trend for Afarak Group SE'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 Afarak Group SE's Inventory-to-Revenue
For the Other Industrial Metals & Mining subindustry, Afarak Group SE'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.
Afarak Group SE's Inventory-to-Revenue Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Afarak Group SE's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Afarak Group SE's Inventory-to-Revenue falls into.
Afarak Group SE 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.
Afarak Group SE'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.
Afarak Group SE (CHIX:AFAGRh) 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.
Afarak Group SE's Days Inventory for the
six
months ended in Dec. 2022 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.
Afarak Group SE Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Afarak Group SE's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Afarak Group SE (CHIX:AFAGRH) Business Description
Afarak Group SE is a chrome mining and minerals producer focused on sustainable growth with a specialty alloys business in southern Europe and a ferroalloys business. The company has two operating segments FerroAlloys and Speciality Alloys. The FerroAlloys business consists of the plant Mogale Alloys, Vlakpoort mine, Zeerust mine, the Stellite mine, and the Mecklenburg mine in South Africa. It produces chrome ore, charge chrome, medium carbon ferrochrome, and silicomanganese. The Speciality Alloys business consists of Turk Maadin Sirketi A.S, the mining and beneficiation operation in Turkey, and Elektrowerk Weisweiler GmbH, the chromite concentrate processing plant in Germany. The company operates in European countries, the United States, China, Africa, Finland, and Other countries.
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