SRT Marine Systems (LSE:SRT) Inventory-to-Revenue : 0.71 (As of Sep. 2023)

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What is SRT Marine 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. SRT Marine Systems's Average Total Inventories for the quarter that ended in Sep. 2023 was £3.89 Mil. SRT Marine Systems's Revenue for the six months ended in Sep. 2023 was £5.50 Mil. SRT Marine Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.71.

SRT Marine Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (0.26) to Mar. 2023 (0.71)

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. SRT Marine Systems's Days Inventory for the six months ended in Sep. 2023 was 206.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. SRT Marine Systems's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.89.

SRT Marine Systems Inventory-to-Revenue Historical Data

The historical data trend for SRT Marine 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.

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SRT Marine Systems Inventory-to-Revenue Chart

SRT Marine Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory-to-Revenue

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0.14

0.11

0.26

0.29

0.10

SRT Marine Systems Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.50	0.68	0.13	0.26	0.71

Competitive Comparison of SRT Marine Systems's Inventory-to-Revenue

For the Scientific & Technical Instruments subindustry, SRT Marine 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.

SRT Marine Systems's Inventory-to-Revenue Distribution in the Hardware Industry

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

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

SRT Marine Systems Inventory-to-Revenue Calculation

SRT Marine Systems's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory-to-Revenue (A: Mar. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )
=	( (2.36	+	3.466)	/	2 )	/	30.506
=	2.913					/	30.506
=	0.10

SRT Marine Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

	Inventory-to-Revenue (Q: Sep. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Revenue (Q: Sep. 2023 )
=	( (3.466	+	4.304)	/	2 )	/	5.502
=	3.885					/	5.502
=	0.71

SRT Marine Systems (LSE:SRT) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

SRT Marine Systems's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	3.885	/	3.441	*	365 / 2
	=	206.05

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

SRT Marine Systems's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	3.441	/	3.885
	=	0.89

SRT Marine Systems Inventory-to-Revenue Related Terms

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SRT Marine Systems (LSE:SRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SRT Marine Systems PLC (LSE:SRT) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

6S7:Germany

Address

Wireless House, Midsomer Norton, Westfield Industrial Estate, Bath, GBR, BA3 4BS

Website

http://www.srt-marine.com

SRT Marine Systems PLC develops and delivers advanced maritime domain awareness technologies, products, and systems, with expertise in Automatic Identification Systems. The company's major customers are system integrators, marine electronics companies, individual vessel operators, port owners and operators, and national authorities. The company currently operates in the following geographical markets: Europe, Middle East, North America, the United Kingdom, and others. The company has developed three core system products, VTS (ports, waterways, and infrastructure), VMS (Fisheries monitoring and management) and MDM (Coastal Surveillance) systems. Its largest end market by revenue is in the Middle East.