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. Titan Machinery's Average Total Inventories for the quarter that ended in Apr. 2024 was €1,264 Mil. Titan Machinery's Revenue for the
three
months ended in Apr. 2024 was €586 Mil.
Titan Machinery's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 2.16.
Titan Machinery's Inventory-to-Revenue for the quarter that ended in Apr. 2024
increased
from Jan. 2024 (1.41) to Jan. 2024 (2.16)
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.
Titan Machinery's Days Inventory for the
three
months ended in Apr. 2024 was 244.19.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Titan Machinery's Inventory Turnover for the quarter that ended in Apr. 2024 was 0.37.
Titan Machinery Inventory-to-Revenue Historical Data
The historical data trend for Titan Machinery'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 Titan Machinery's Inventory-to-Revenue
For the Industrial Distribution subindustry, Titan Machinery'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.
Titan Machinery's Inventory-to-Revenue Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Titan Machinery's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Titan Machinery's Inventory-to-Revenue falls into.
Titan Machinery 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.
Titan Machinery's Inventory-to-Revenue for the fiscal year that ended in Jan. 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.
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.
Titan Machinery's Days Inventory for the
three
months ended in Apr. 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.
Titan Machinery Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Titan Machinery's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through the following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the International segment sells services, rents machinery, and related parts.
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