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Estrima SpA (MIL:BIRO) Inventory-to-Revenue : 0.44 (As of Jun. 2023)


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What is Estrima SpA 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. Estrima SpA's Average Total Inventories for the quarter that ended in Jun. 2023 was €10.00 Mil. Estrima SpA's Revenue for the six months ended in Jun. 2023 was €22.71 Mil. Estrima SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.44.

Estrima SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 declined from Dec. 2022 (0.52) to Dec. 2022 (0.44)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Estrima SpA's Days Inventory for the six months ended in Jun. 2023 was 92.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Estrima SpA's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.97.


Estrima SpA Inventory-to-Revenue Historical Data

The historical data trend for Estrima SpA'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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Estrima SpA Inventory-to-Revenue Chart

Estrima SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
0.22 0.37 0.67 0.24

Estrima SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory-to-Revenue Get a 7-Day Free Trial 0.42 - 0.44 0.52 0.44

Competitive Comparison of Estrima SpA's Inventory-to-Revenue

For the Auto Manufacturers subindustry, Estrima SpA'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.


Estrima SpA's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Estrima SpA's Inventory-to-Revenue distribution charts can be found below:

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



Estrima SpA 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.

Estrima SpA'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 )
=( (7.418 + 10.171) / 2 ) / 36.148
=8.7945 / 36.148
=0.24

Estrima SpA'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 )
=( (10.171 + 9.824) / 2 ) / 22.707
=9.9975 / 22.707
=0.44

* 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.


Estrima SpA  (MIL:BIRO) 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.

Estrima SpA'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
=9.9975/19.681*365 / 2
=92.71

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

Estrima SpA'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 )
=19.681 / 9.9975
=1.97

* 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.


Estrima SpA Inventory-to-Revenue Related Terms

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Estrima SpA (MIL:BIRO) Business Description

Traded in Other Exchanges
N/A
Address
Via Roveredo 20/b, Pordenone, ITA, 33170
Estrima SpA is engaged in designing, manufacturing and distribution of the small electric vehicles.

Estrima SpA (MIL:BIRO) Headlines

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