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WillScot Mobile Mini Holdings (FRA:WS11) Inventory-to-Revenue : 0.08 (As of Mar. 2024)


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What is WillScot Mobile Mini Holdings 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. WillScot Mobile Mini Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was €44 Mil. WillScot Mobile Mini Holdings's Revenue for the three months ended in Mar. 2024 was €540 Mil. WillScot Mobile Mini Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.

WillScot Mobile Mini Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.08) to Dec. 2023 (0.08)

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. WillScot Mobile Mini Holdings's Days Inventory for the three months ended in Mar. 2024 was 16.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. WillScot Mobile Mini Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.70.


WillScot Mobile Mini Holdings Inventory-to-Revenue Historical Data

The historical data trend for WillScot Mobile Mini Holdings'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.

WillScot Mobile Mini Holdings Inventory-to-Revenue Chart

WillScot Mobile Mini Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.02 0.02 0.02 0.02 0.02

WillScot Mobile Mini Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.08 0.07 0.08 0.08

Competitive Comparison of WillScot Mobile Mini Holdings's Inventory-to-Revenue

For the Rental & Leasing Services subindustry, WillScot Mobile Mini Holdings'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.


WillScot Mobile Mini Holdings's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WillScot Mobile Mini Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where WillScot Mobile Mini Holdings's Inventory-to-Revenue falls into.



WillScot Mobile Mini Holdings 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.

WillScot Mobile Mini Holdings'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 )
=( (38.732 + 43.471) / 2 ) / 2168.491
=41.1015 / 2168.491
=0.02

WillScot Mobile Mini Holdings'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 )
=( (43.471 + 43.812) / 2 ) / 540.207
=43.6415 / 540.207
=0.08

* 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.


WillScot Mobile Mini Holdings  (FRA:WS11) 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.

WillScot Mobile Mini Holdings'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
=43.6415/248.67*365 / 4
=16.01

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

WillScot Mobile Mini Holdings'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 )
=248.67 / 43.6415
=5.70

* 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.


WillScot Mobile Mini Holdings Inventory-to-Revenue Related Terms

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WillScot Mobile Mini Holdings (FRA:WS11) Business Description

Traded in Other Exchanges
Address
4646 E Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
WillScot Mobile Mini Holdings Corp is a business services provider specializing in innovative flexible work space and portable storage solutions. The company's segment includes Modular Solutions and Storage Solutions. It generates maximum revenue from the Modular Solutions segment. The company serves furniture rental, transportation and logistics, facility management, job site services, commercial storage, and commercial real estate sector. Geographically, it derives a majority of its revenue from the United States.

WillScot Mobile Mini Holdings (FRA:WS11) Headlines

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