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Expro Group Holdings NV (FRA:FK2) Inventory-to-Revenue : 0.40 (As of Mar. 2024)


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What is Expro Group Holdings NV 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. Expro Group Holdings NV's Average Total Inventories for the quarter that ended in Mar. 2024 was €141 Mil. Expro Group Holdings NV's Revenue for the three months ended in Mar. 2024 was €353 Mil. Expro Group Holdings NV's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.40.

Expro Group Holdings NV's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.37) to Dec. 2023 (0.40)

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. Expro Group Holdings NV's Days Inventory for the three months ended in Mar. 2024 was 40.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Expro Group Holdings NV's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.27.


Expro Group Holdings NV Inventory-to-Revenue Historical Data

The historical data trend for Expro Group Holdings NV'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.

Expro Group Holdings NV Inventory-to-Revenue Chart

Expro Group Holdings NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- 0.08 0.11 0.11 0.10

Expro Group Holdings NV Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.46 0.40 0.42 0.37 0.40

Competitive Comparison of Expro Group Holdings NV's Inventory-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Expro Group Holdings NV'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.


Expro Group Holdings NV's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Expro Group Holdings NV's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Expro Group Holdings NV's Inventory-to-Revenue falls into.



Expro Group Holdings NV 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.

Expro Group Holdings NV's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (145.11 + 131.429) / 2 ) / 1387.205
=138.2695 / 1387.205
=0.10

Expro Group Holdings NV's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (131.429 + 151.179) / 2 ) / 352.81
=141.304 / 352.81
=0.40

* 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.


Expro Group Holdings NV  (FRA:FK2) 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.

Expro Group Holdings NV's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=141.304/320.742*365 / 4
=40.20

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

Expro Group Holdings NV's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=320.742 / 141.304
=2.27

* 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.


Expro Group Holdings NV Inventory-to-Revenue Related Terms

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Expro Group Holdings NV (FRA:FK2) Business Description

Traded in Other Exchanges
Address
1311 Broadfield Boulevard., Suite 400, Houston, TX, USA, 77084
Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.

Expro Group Holdings NV (FRA:FK2) Headlines

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