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Identiv (Identiv) Inventory-to-Revenue : 1.00 (As of Dec. 2023)


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What is Identiv 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. Identiv's Average Total Inventories for the quarter that ended in Dec. 2023 was $29.1 Mil. Identiv's Revenue for the three months ended in Dec. 2023 was $29.0 Mil. Identiv's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.00.

Identiv's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.95) to Sep. 2023 (1.00)

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. Identiv's Days Inventory for the three months ended in Dec. 2023 was 140.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Identiv's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.65.


Identiv Inventory-to-Revenue Historical Data

The historical data trend for Identiv'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.

Identiv Inventory-to-Revenue Chart

Identiv Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.21 0.19 0.22 0.25

Identiv 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 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 0.93 1.15 1.04 0.95 1.00

Competitive Comparison of Identiv's Inventory-to-Revenue

For the Computer Hardware subindustry, Identiv'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.


Identiv's Inventory-to-Revenue Distribution in the Hardware Industry

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

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



Identiv 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.

Identiv'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 )
=( (28.958 + 28.712) / 2 ) / 116.383
=28.835 / 116.383
=0.25

Identiv'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 )
=( (29.423 + 28.712) / 2 ) / 28.985
=29.0675 / 28.985
=1.00

* 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.


Identiv  (NAS:INVE) 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.

Identiv'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
=29.0675/18.821*365 / 4
=140.93

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

Identiv'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 )
=18.821 / 29.0675
=0.65

* 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.


Identiv Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Identiv's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Identiv (Identiv) Business Description

Traded in Other Exchanges
Address
2201 Walnut Avenue, Suite 100, Fremont, CA, USA, 94538
Identiv Inc is a security technology company. It secures and manages access to physical places, things, and information. The company has two reportable segments namely the Premises segment which includes solutions to address the premises security market for government and enterprise, including access control, video surveillance, analytics, customer experience, and other applications. Its Identity segment includes products and solutions enabling secure access to information serving the logical access and cyber security market and protecting assets and objects in the IoT with RFID. Geographically, it generates maximum revenue from the Americas and also has a presence in Europe and the Middle East and Asia-Pacific. The company derives the majority of revenue from the Identity segment.
Executives
Steven Humphreys director, officer: CEO 6623 DUMBARTON CIRCLE, FREMONT CA 94555
Richard Kuntz director MEDTRONIC, INC., 710 MEDTRONIC PWKY MS LC 310, MINNEAPOLIS MN 55432
Laura Angelini director C/O IDENTIV, INC.,, 2201 WALNUT AVE., SUITE 100, FREMONT CA 94538
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Justin Scarpulla officer: Chief Financial Officer 2051 PALOMAR AIRPORT ROAD, SUITE 100, CARLSBAD CA 92011
Gary Kremen director 1900-B CARNEGIE AVENUE, SANTA ANA CA 92705
James E Ousley director BELL MICRO, 1941 RINGWOOD AVE., SAN JOSE CA 95131
Edward Kirnbauer officer: See Remarks
Nina B. Shapiro director 2201 WALNUT AVENUE, SUITE 100, FREMONT CA 94538
Robin R. Braun director C/O IDENTIV, INC.,, FREMONT CA 94538
First Eagle Investment Management, Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Arnhold & S. Bleichroeder Holdings, Inc. 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
21 April Fund, Ltd. 10 percent owner Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Sandra Wallach officer: CFO C/O IDENTIV,INC.,2201 WALNUT AVENUE,, SUITE 310, FREMONT CA 94538
Steven T Finney officer: Interim CFO 2201 WALNUT AVENUE, SUITE 310, FREMONT CA 94538