Picanol NV (LTS:0FM2) Inventory-to-Revenue : 0.31 (As of Jun. 2022)

View and export this data going back to 2015. Start your Free Trial

What is Picanol NV 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. Picanol NV's Average Total Inventories for the quarter that ended in Jun. 2022 was €534 Mil. Picanol NV's Revenue for the six months ended in Jun. 2022 was €1,707 Mil. Picanol NV's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.31.

Picanol NV's Inventory-to-Revenue for the quarter that ended in Jun. 2022 increased from Dec. 2021 (0.31) to Dec. 2021 (0.31)

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. Picanol NV's Days Inventory for the six months ended in Jun. 2022 was 73.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Picanol NV's Inventory Turnover for the quarter that ended in Jun. 2022 was 2.47.

Picanol NV Inventory-to-Revenue Historical Data

The historical data trend for Picanol NV'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.

Picanol NV Inventory-to-Revenue Chart

Picanol NV Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory-to-Revenue

Get a 7-Day Free Trial

0.09

0.10

0.18

0.16

Picanol NV Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Inventory-to-Revenue	Get a 7-Day Free Trial															0.32	0.35	0.29	0.31	0.31

Competitive Comparison of Picanol NV's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Picanol NV'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.

Picanol NV's Inventory-to-Revenue Distribution in the Industrial Products Industry

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

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

Picanol NV Inventory-to-Revenue Calculation

Picanol NV's Inventory-to-Revenue for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory-to-Revenue (A: Dec. 2021 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )
=	( (393.6	+	486.2)	/	2 )	/	2741.7
=	439.9					/	2741.7
=	0.16

Picanol NV's Inventory-to-Revenue for the quarter that ended in Jun. 2022 is calculated as

	Inventory-to-Revenue (Q: Jun. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )	/	Revenue (Q: Jun. 2022 )
=	( (486.2	+	580.9)	/	2 )	/	1707.3
=	533.55					/	1707.3
=	0.31

Picanol NV (LTS:0FM2) 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.

Picanol NV's Days Inventory for the six months ended in Jun. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2022 )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
	=	533.55	/	1317	*	365 / 2
	=	73.94

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

Picanol NV's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2022 )	/	Average Total Inventories (Q: Jun. 2022 )
	=	1317	/	533.55
	=	2.47

Picanol NV Inventory-to-Revenue Related Terms

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

Picanol NV (LTS:0FM2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Picanol NV (LTS:0FM2) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Steverlyncklaan 15, Ieper, BEL, 8900

Website

http://www.picanolgroup.com

Picanol NV is a Belgium-based company that develops, manufactures, and distributes weaving machines, engineered casting solutions, and customized controllers. The company, through Weaving Machines (Picanol), supplies weaving machines to global weaving mills, as well as related services. Picanol also markets accessories via GTP Global Textile Partner. Also, the Picanol Group is involved in other business activities including foundry activities and mechanic finishing activities. The group's operating segment comprises Machines & Technologies; Agro; Bio-valorization; Industrial Solutions; and T-Power.

Picanol NV (LTS:0FM2) Headlines

No Headlines