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Smart Metering Systems (LSE:SMS) Inventory-to-Revenue : 0.53 (As of Jun. 2023)


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What is Smart Metering 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. Smart Metering Systems's Average Total Inventories for the quarter that ended in Jun. 2023 was £41.6 Mil. Smart Metering Systems's Revenue for the six months ended in Jun. 2023 was £79.3 Mil. Smart Metering Systems's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.53.

Smart Metering Systems's Inventory-to-Revenue for the quarter that ended in Jun. 2023 increased from Dec. 2022 (0.46) to Dec. 2022 (0.53)

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. Smart Metering Systems's Days Inventory for the six months ended in Jun. 2023 was 195.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart Metering Systems's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.93.


Smart Metering Systems Inventory-to-Revenue Historical Data

The historical data trend for Smart Metering 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.

Smart Metering Systems Inventory-to-Revenue Chart

Smart Metering Systems Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.15 0.24 0.23 0.22

Smart Metering Systems Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.45 0.36 0.42 0.46 0.53

Competitive Comparison of Smart Metering Systems's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, Smart Metering 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.


Smart Metering Systems's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Smart Metering Systems's Inventory-to-Revenue distribution charts can be found below:

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



Smart Metering 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.

Smart Metering Systems's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (22.98 + 37.438) / 2 ) / 135.52
=30.209 / 135.52
=0.22

Smart Metering Systems's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (37.438 + 45.76) / 2 ) / 79.307
=41.599 / 79.307
=0.52

* 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.


Smart Metering Systems  (LSE:SMS) 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.

Smart Metering Systems's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=41.599/38.838*365 / 2
=195.47

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

Smart Metering Systems's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=38.838 / 41.599
=0.93

* 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.


Smart Metering Systems Inventory-to-Revenue Related Terms

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Smart Metering Systems (LSE:SMS) Business Description

Traded in Other Exchanges
Address
48 St. Vincent Street, 2nd Floor, Glasgow, GBR, G2 5TS
Smart Metering Systems PLC is a UK-based company which connects, owns, and maintains metering systems and database of energy companies. Its services include Smart Metering & Data; Smart Energy Services; Smart Utility Services; and ADM, which is an intelligent Automated Meter Reading (AMR) solution. The company operates in three segments: Asset Management, which comprises regulated management of gas meters, electric meters, and ADM units; Asset installation, which comprises installation of domestic and I&C gas meters and electricity meters; and Energy Management, which comprises the provision of energy consultancy services and the management of Distributed Energy Resources (DER) assets.

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