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. Weir Group's Average Total Inventories for the quarter that ended in Jun. 2024 was £612 Mil. Weir Group's Revenue for the
six
months ended in Jun. 2024 was £1,207 Mil.
Weir Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.51.
Weir Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024
increased
from Dec. 2023 (0.48) to Dec. 2023 (0.51)
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.
Weir Group's Days Inventory for the
six
months ended in Jun. 2024 was 152.55.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Weir Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.20.
Weir Group Inventory-to-Revenue Historical Data
The historical data trend for Weir Group'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.
Competitive Comparison of Weir Group's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Weir Group'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.
Weir Group's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Weir Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Weir Group's Inventory-to-Revenue falls into.
Weir Group 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.
Weir Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Weir Group (LSE:WEIR) 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.
Weir Group's Days Inventory for the
six
months ended in Jun. 2024 is calculated as:
* 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.
Weir Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Weir Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Weir Group PLC manufactures equipment for minerals and other industrial end markets. The company's operating segment includes Minerals and ESCO. The Minerals segment is into engineering, manufacturing and service processing technology used in abrasive, high-wear mining applications. It is also used in infrastructure and general industrial markets. The ESCO segment is into the provision of Ground Engaging Tools (G.E.T.) for large mining machines. It operates predominantly in mining and infrastructure markets where its technology improves productivity through extended wear life, increased safety and reduced energy consumption. The company generates maximum revenue from the Minerals segment. Geographically, the company derives a majority of its revenue from South America, U.S, and Canada.
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