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. XXL ASA's Average Total Inventories for the quarter that ended in Mar. 2024 was kr1,831 Mil. XXL ASA's Revenue for the
three
months ended in Mar. 2024 was kr1,558 Mil.
XXL ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.18.
XXL ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.93) to Dec. 2023 (1.18)
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.
XXL ASA's Days Inventory for the
three
months ended in Mar. 2024 was 175.27.
Inventory Turnover measures how fast the company turns over its inventory within a year.
XXL ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.52.
XXL ASA Inventory-to-Revenue Historical Data
The historical data trend for XXL ASA'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 XXL ASA's Inventory-to-Revenue
For the Specialty Retail subindustry, XXL ASA'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.
XXL ASA's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, XXL ASA's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where XXL ASA's Inventory-to-Revenue falls into.
XXL ASA 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.
XXL ASA'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.
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.
XXL ASA's Days Inventory for the
three
months ended in Mar. 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.
XXL ASA Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of XXL ASA's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
XXL ASA is a sports retailer operating in Norway, Sweden, and Finland. The company strategy is to offer the lowest prices and the broadest assortment of products with focus on branded goods. The products are organized into six product categories: shoes, sportwear, outdoor, ski/bike, hunting and sports, and health and fitness. The product categories provide equipment, casual wear, sportswear, shoes, sleeping bags, cooking equipment, firearms, binoculars, GPS equipment, knives, axes, backpacks, and maps for various sports, including water sports, football, golf, tennis, ski, snowboarding, and hunting. The brands offered are mainly well-known and international: Nike, Adidas, Puma, O'Neill, Scott, Umarex, Nikon, Atomic, Fischer, Rossignol, Oakley, and Commaster, among others.
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