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FLIR Systems (FRA:FL4) Inventory-to-Revenue : 0.98 (As of Mar. 2021)


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What is FLIR Systems 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. FLIR Systems's Average Total Inventories for the quarter that ended in Mar. 2021 was €386 Mil. FLIR Systems's Revenue for the three months ended in Mar. 2021 was €393 Mil. FLIR Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2021 was 0.98.

FLIR Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2021 increased from Dec. 2020 (0.92) to Dec. 2020 (0.98)

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. FLIR Systems's Days Inventory for the three months ended in Mar. 2021 was 162.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. FLIR Systems's Inventory Turnover for the quarter that ended in Mar. 2021 was 0.56.


FLIR Systems Inventory-to-Revenue Historical Data

The historical data trend for FLIR Systems'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.

FLIR Systems Inventory-to-Revenue Chart

FLIR Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.22 0.20 0.19 0.23

FLIR Systems Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.87 0.87 1.00 0.92 0.98

Competitive Comparison of FLIR Systems's Inventory-to-Revenue

For the Scientific & Technical Instruments subindustry, FLIR Systems'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.


FLIR Systems's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, FLIR Systems's Inventory-to-Revenue distribution charts can be found below:

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



FLIR Systems 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.

FLIR Systems's Inventory-to-Revenue for the fiscal year that ended in Dec. 2020 is calculated as

Inventory-to-Revenue (A: Dec. 2020 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )
=( (349.886 + 388.179) / 2 ) / 1581.272
=369.0325 / 1581.272
=0.23

FLIR Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2021 is calculated as

Inventory-to-Revenue (Q: Mar. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Mar. 2021 )) / count ) / Revenue (Q: Mar. 2021 )
=( (388.179 + 383.886) / 2 ) / 392.543
=386.0325 / 392.543
=0.98

* 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.


FLIR Systems  (FRA:FL4) 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.

FLIR Systems's Days Inventory for the three months ended in Mar. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2021 )/Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=386.0325/216.817*365 / 4
=162.47

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

FLIR Systems's Inventory Turnover for the quarter that ended in Mar. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2021 ) / Average Total Inventories (Q: Mar. 2021 )
=216.817 / 386.0325
=0.56

* 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.


FLIR Systems Inventory-to-Revenue Related Terms

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FLIR Systems (FRA:FL4) Business Description

Traded in Other Exchanges
N/A
Address
27700 SW Parkway Avenue, Wilsonville, OR, USA, 97070
FLIR Systems Inc designs, develops, markets, and distributes technologies that detect people, objects, and substances. The company's two business units are Industrial Technologies and Defense Technologies segment. The Industrial Technologies segment develops components used to create thermal, industrial, and other imaging systems. The Defense Technologies unit develops imaging and recognition solutions for military, law enforcement, and other government customers. The company operates around the world, with a significant portion of revenue coming from the United States.

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