Maris Tech (Maris Tech) Inventory-to-Revenue : 0.47 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Maris Tech 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. Maris Tech's Average Total Inventories for the quarter that ended in Dec. 2023 was $1.67 Mil. Maris Tech's Revenue for the six months ended in Dec. 2023 was $3.56 Mil. Maris Tech's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.47.

Maris Tech's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (2.50) to Jun. 2023 (0.47)

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. Maris Tech's Days Inventory for the six months ended in Dec. 2023 was 209.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maris Tech's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.87.

Maris Tech Inventory-to-Revenue Historical Data

The historical data trend for Maris Tech'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.

Maris Tech Inventory-to-Revenue Chart

Maris Tech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

0.40

0.31

0.16

0.27

0.37

Maris Tech Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial				0.46	0.48	0.49	2.50	0.47

Competitive Comparison of Maris Tech's Inventory-to-Revenue

For the Electronic Components subindustry, Maris Tech'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.

Maris Tech's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maris Tech's Inventory-to-Revenue distribution charts can be found below:

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

Maris Tech Inventory-to-Revenue Calculation

Maris Tech'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 )
=	( (0.982	+	1.96)	/	2 )	/	4.031
=	1.471					/	4.031
=	0.36

Maris Tech'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 )
=	( (1.386	+	1.96)	/	2 )	/	3.557
=	1.673					/	3.557
=	0.47

Maris Tech (NAS:MTEK) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Maris Tech'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
	=	1.673	/	1.459	*	365 / 2
	=	209.27

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

Maris Tech'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 )
	=	1.459	/	1.673
	=	0.87

Maris Tech Inventory-to-Revenue Related Terms

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

Maris Tech (Maris Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maris Tech Ltd (NAS:MTEK) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Yitzhak Modai Street, Rehovot, ISR, 7608804

Website

https://www.maris-tech.com

Maris Tech Ltd is a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. It designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets.