VNE SpA (MIL:VNE) Inventory-to-Revenue : 0.24 (As of Dec. 2023)

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What is VNE 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. VNE SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €3.29 Mil. VNE SpA's Revenue for the six months ended in Dec. 2023 was €13.48 Mil. VNE SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.24.

VNE SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Dec. 2022 (0.20) to Dec. 2022 (0.24)

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. VNE SpA's Days Inventory for the six months ended in Dec. 2023 was 68.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. VNE SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.68.

VNE SpA Inventory-to-Revenue Historical Data

The historical data trend for VNE 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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VNE SpA Inventory-to-Revenue Chart

VNE SpA Annual Data

Trend

Dec21

Dec22

Dec23

Inventory-to-Revenue

0.27

0.20

0.24

VNE SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Inventory-to-Revenue	0.27	0.20	0.24

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

For the Specialty Industrial Machinery subindustry, VNE 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.

VNE SpA's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, VNE SpA's Inventory-to-Revenue distribution charts can be found below:

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

VNE SpA Inventory-to-Revenue Calculation

VNE 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 )
=	( (3.299	+	3.284)	/	2 )	/	13.482
=	3.2915					/	13.482
=	0.24

VNE 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 )
=	( (3.299	+	3.284)	/	2 )	/	13.482
=	3.2915					/	13.482
=	0.24

VNE SpA (MIL:VNE) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

VNE 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
	=	3.2915	/	8.821	*	365 / 2
	=	68.10

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

VNE 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 )
	=	8.821	/	3.2915
	=	2.68

VNE SpA Inventory-to-Revenue Related Terms

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VNE SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » VNE SpA (MIL:VNE) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047

Website

https://www.vne.it

VNE SpA produces hardware and software for the management of banknotes, coins and more generally payments and transactions through cash and cashless systems, offering a wide range of customized products and boasting a production of over 7,000 machines a year. It creates, samples and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket and wherever there is a need to manage payments or automated transactions.