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Elica SpA (MIL:ELC) Inventory-to-Revenue : 0.38 (As of Jun. 2024)


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What is Elica 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. Elica SpA's Average Total Inventories for the quarter that ended in Jun. 2024 was €91.0 Mil. Elica SpA's Revenue for the six months ended in Jun. 2024 was €237.4 Mil. Elica SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.38.

Elica SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Dec. 2023 (0.46) to Dec. 2023 (0.38)

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. Elica SpA's Days Inventory for the six months ended in Jun. 2024 was 128.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elica SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.41.


Elica SpA Inventory-to-Revenue Historical Data

The historical data trend for Elica 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.

* Premium members only.

Elica SpA Inventory-to-Revenue Chart

Elica SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.17 0.15 0.17 0.20

Elica SpA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.43 0.41 0.46 0.38

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

For the Furnishings, Fixtures & Appliances subindustry, Elica 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.


Elica SpA's Inventory-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Elica SpA's Inventory-to-Revenue distribution charts can be found below:

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



Elica 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.

Elica SpA's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (101.448 + 90.872) / 2 ) / 473.204
=96.16 / 473.204
=0.20

Elica SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (90.872 + 91.129) / 2 ) / 237.35
=91.0005 / 237.35
=0.38

* 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.


Elica SpA  (MIL:ELC) 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.

Elica SpA's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=91.0005/128.755*365 / 2
=128.99

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

Elica SpA's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=128.755 / 91.0005
=1.41

* 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.


Elica SpA Inventory-to-Revenue Related Terms

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Elica SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Ermanno Casoli No, 2, Fabriano, Ancona, ITA, 60044
Elica SpA is engaged in the design, manufacturing, and sale of kitchen range hoods for domestic use as well as design, manufacture, and sale of motors for central heating boilers. In addition, the company produces and sells hobs, ovens, and sterilizers. The company offers its products under the Elica, Gutmann, Turboair, Jetair, Ariafina, Arietta, Puti, and Fime brand names. It produces and sells range hoods and extractor hobs (Cooking segment) and of motors for domestic ventilation and other uses (Motors segment). Geographically the business activity functions through the region of Europe + CIS (Russia), America, and Asia, and the Rest of the World.

Elica SpA Headlines

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