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Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Inventory-to-Revenue : 0.74 (As of Sep. 2014)


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What is Evraz Highveld Steel and Vanadium 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. Evraz Highveld Steel and Vanadium's Average Total Inventories for the quarter that ended in Sep. 2014 was $84.0 Mil. Evraz Highveld Steel and Vanadium's Revenue for the three months ended in Sep. 2014 was $113.1 Mil. Evraz Highveld Steel and Vanadium's Inventory-to-Revenue for the quarter that ended in Sep. 2014 was 0.74.

Evraz Highveld Steel and Vanadium's Inventory-to-Revenue for the quarter that ended in Sep. 2014 increased from Jun. 2014 (0.54) to Jun. 2014 (0.74)

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. Evraz Highveld Steel and Vanadium's Days Inventory for the three months ended in Sep. 2014 was 63.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Evraz Highveld Steel and Vanadium's Inventory Turnover for the quarter that ended in Sep. 2014 was 1.44.


Evraz Highveld Steel and Vanadium Inventory-to-Revenue Historical Data

The historical data trend for Evraz Highveld Steel and Vanadium'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.

Evraz Highveld Steel and Vanadium Inventory-to-Revenue Chart

Evraz Highveld Steel and Vanadium Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.22 0.19 0.20 0.20

Evraz Highveld Steel and Vanadium Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.77 0.91 0.66 0.54 0.74

Competitive Comparison of Evraz Highveld Steel and Vanadium's Inventory-to-Revenue

For the Steel subindustry, Evraz Highveld Steel and Vanadium'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.


Evraz Highveld Steel and Vanadium's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Evraz Highveld Steel and Vanadium's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Evraz Highveld Steel and Vanadium's Inventory-to-Revenue falls into.



Evraz Highveld Steel and Vanadium 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.

Evraz Highveld Steel and Vanadium's Inventory-to-Revenue for the fiscal year that ended in Dec. 2013 is calculated as

Inventory-to-Revenue (A: Dec. 2013 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count ) / Revenue (A: Dec. 2013 )
=( (99.633 + 102.138) / 2 ) / 500.564
=100.8855 / 500.564
=0.20

Evraz Highveld Steel and Vanadium's Inventory-to-Revenue for the quarter that ended in Sep. 2014 is calculated as

Inventory-to-Revenue (Q: Sep. 2014 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2014 ) + Total Inventories (Q: Sep. 2014 )) / count ) / Revenue (Q: Sep. 2014 )
=( (78.77 + 89.165) / 2 ) / 113.095
=83.9675 / 113.095
=0.74

* 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.


Evraz Highveld Steel and Vanadium  (OTCPK:HGVLY) 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.

Evraz Highveld Steel and Vanadium's Days Inventory for the three months ended in Sep. 2014 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2014 )/Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=83.9675/121.102*365 / 4
=63.27

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

Evraz Highveld Steel and Vanadium's Inventory Turnover for the quarter that ended in Sep. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2014 ) / Average Total Inventories (Q: Sep. 2014 )
=121.102 / 83.9675
=1.44

* 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.


Evraz Highveld Steel and Vanadium Inventory-to-Revenue Related Terms

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Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Business Description

Traded in Other Exchanges
N/A
Address
Evraz Highveld Steel and Vanadium Ltd. is engaged in the production of integrated iron ore, steel and vanadium slag. It also produces rail, coiled plate, coiled strip, light and medium plate and cast billets. The Company operates in two business segments: Steel and Vanadium. The major products of the steel segment are magnetite iron ore, structural steel, plate and coil. The major products of the vanadium segment are vanadium slag and ferrovanadium. Vanadium slag is a by-product from the steelmaking process.

Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Headlines

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