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Radici Pietro Industries & Brands SpA (MIL:RAD) Inventory-to-Revenue : 0.75 (As of Dec. 2023)


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What is Radici Pietro Industries & Brands 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. Radici Pietro Industries & Brands SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €22.21 Mil. Radici Pietro Industries & Brands SpA's Revenue for the six months ended in Dec. 2023 was €29.70 Mil. Radici Pietro Industries & Brands SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.75.

Radici Pietro Industries & Brands SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.80) to Jun. 2023 (0.75)

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. Radici Pietro Industries & Brands SpA's Days Inventory for the six months ended in Dec. 2023 was 182.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Radici Pietro Industries & Brands SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.00.


Radici Pietro Industries & Brands SpA Inventory-to-Revenue Historical Data

The historical data trend for Radici Pietro Industries & Brands 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.

Radici Pietro Industries & Brands SpA Inventory-to-Revenue Chart

Radici Pietro Industries & Brands SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.32 0.48 0.44 0.38 0.38

Radici Pietro Industries & Brands SpA Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.75 0.82 0.80 0.75

Competitive Comparison of Radici Pietro Industries & Brands SpA's Inventory-to-Revenue

For the Furnishings, Fixtures & Appliances subindustry, Radici Pietro Industries & Brands 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.


Radici Pietro Industries & Brands SpA's Inventory-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Radici Pietro Industries & Brands SpA's Inventory-to-Revenue falls into.



Radici Pietro Industries & Brands 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.

Radici Pietro Industries & Brands 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 )
=( (21.502 + 22.087) / 2 ) / 56.986
=21.7945 / 56.986
=0.38

Radici Pietro Industries & Brands 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (22.338 + 22.087) / 2 ) / 29.697
=22.2125 / 29.697
=0.75

* 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.


Radici Pietro Industries & Brands SpA  (MIL:RAD) 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.

Radici Pietro Industries & Brands 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
=22.2125/22.215*365 / 2
=182.48

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

Radici Pietro Industries & Brands 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 )
=22.215 / 22.2125
=1.00

* 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.


Radici Pietro Industries & Brands SpA Inventory-to-Revenue Related Terms

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Radici Pietro Industries & Brands SpA (MIL:RAD) Business Description

Traded in Other Exchanges
N/A
Address
Via Cavalier Pietro Radici, 19, Cazzano Sant'Andrea, Bergamo, ITA, 24026
Radici Pietro Industries & Brands SpA is engaged in the carpet business. It offers carpets for various industries such as Hotels, Offices, Ships, Aircraftm Automotive, Residential and others.

Radici Pietro Industries & Brands SpA (MIL:RAD) Headlines

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