Hera SpA (Hera SpA) Inventory-to-Revenue : 0.22 (As of Dec. 2023)

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What is Hera SpA 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. Hera SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was $960 Mil. Hera SpA's Revenue for the three months ended in Dec. 2023 was $4,386 Mil. Hera SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Hera SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.43) to Sep. 2023 (0.22)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hera SpA's Days Inventory for the three months ended in Dec. 2023 was 22.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hera SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.05.

Hera SpA Inventory-to-Revenue Historical Data

The historical data trend for Hera SpA'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.

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Hera SpA Inventory-to-Revenue Chart

Hera SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.02

0.03

0.04

0.05

Hera SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.19	0.17	0.37	0.43	0.22

Competitive Comparison of Hera SpA's Inventory-to-Revenue

For the Utilities - Diversified subindustry, Hera SpA'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.

Hera SpA's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hera SpA's Inventory-to-Revenue distribution charts can be found below:

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

Hera SpA Inventory-to-Revenue Calculation

Hera SpA'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 )
=	( (1054.131	+	688.768)	/	2 )	/	16332.388
=	871.4495					/	16332.388
=	0.05

Hera SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (1231.27	+	688.768)	/	2 )	/	4385.823
=	960.019					/	4385.823
=	0.22

Hera SpA (OTCPK:HRASF) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Hera SpA's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	960.019	/	3887.35	*	365 / 4
	=	22.54

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

Hera SpA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	3887.35	/	960.019
	=	4.05

Hera SpA Inventory-to-Revenue Related Terms

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Hera SpA (Hera SpA) Business Description

Industry

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Traded in Other Exchanges

HER:Italy HERm:UK 0NVV:UK HE9:Germany

Address

Viale Carlo Berti Pichat nr. 2/4, Bologna, ITA, 40127

Website

https://www.gruppohera.it

Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates in environmental services (waste collection and treatment); energy services (distribution and sale of electricity and gas); and water services (waterworks, sewerage, and purification). Primarily, Hera operates in the provinces of Bologna, Rimini, Ravenna-Lugo, Forli-Cesena, and Imola-Faenza in northern Italy.