GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Porto Aviation Group SpA (MIL:PAG) » Definitions » Inventory-to-Revenue

Porto Aviation Group SpA (MIL:PAG) Inventory-to-Revenue : 0.50 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Porto Aviation Group 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. Porto Aviation Group SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €1.49 Mil. Porto Aviation Group SpA's Revenue for the six months ended in Dec. 2023 was €3.01 Mil. Porto Aviation Group SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.50.

Porto Aviation Group SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Dec. 2022 (0.62) to Dec. 2022 (0.50)

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. Porto Aviation Group SpA's Days Inventory for the six months ended in Dec. 2023 was 126.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Porto Aviation Group SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.44.


Porto Aviation Group SpA Inventory-to-Revenue Historical Data

The historical data trend for Porto Aviation Group 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.

Porto Aviation Group SpA Inventory-to-Revenue Chart

Porto Aviation Group SpA Annual Data
Trend Dec21 Dec22 Dec23
Inventory-to-Revenue
1.04 0.62 0.50

Porto Aviation Group SpA Semi-Annual Data
Dec21 Dec22 Dec23
Inventory-to-Revenue 1.04 0.62 0.50

Competitive Comparison of Porto Aviation Group SpA's Inventory-to-Revenue

For the Aerospace & Defense subindustry, Porto Aviation Group 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.


Porto Aviation Group SpA's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Porto Aviation Group SpA's Inventory-to-Revenue distribution charts can be found below:

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



Porto Aviation Group 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.

Porto Aviation Group 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 )
=( (1.403 + 1.58) / 2 ) / 3.009
=1.4915 / 3.009
=0.50

Porto Aviation Group SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (1.403 + 1.58) / 2 ) / 3.009
=1.4915 / 3.009
=0.50

* 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.


Porto Aviation Group SpA  (MIL:PAG) 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.

Porto Aviation Group SpA's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=1.4915/2.154*365 / 2
=126.37

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

Porto Aviation Group SpA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=2.154 / 1.4915
=1.44

* 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.


Porto Aviation Group SpA Inventory-to-Revenue Related Terms

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


Porto Aviation Group SpA (MIL:PAG) Business Description

Traded in Other Exchanges
Address
Via Confalonieri 22, Cremella, Lecco, ITA, 23894
Porto Aviation Group SpA designs, constructs, and markets single-engine aircraft. The group develops an activity of manufacturing aeronautical components, particularly propellers, propeller systems, control systems, wheels, braking systems, hydraulic components, fuel systems, aluminum alloy sections, and tubes.