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LightAir AB (NGM:LAIR) Inventory-to-Revenue : 1.12 (As of Jun. 2023)


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What is LightAir AB 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. LightAir AB's Average Total Inventories for the quarter that ended in Jun. 2023 was kr10.23 Mil. LightAir AB's Revenue for the six months ended in Jun. 2023 was kr9.12 Mil. LightAir AB's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 1.12.

LightAir AB's Inventory-to-Revenue for the quarter that ended in Jun. 2023 declined from Dec. 2022 (1.82) to Dec. 2022 (1.12)

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. LightAir AB's Days Inventory for the six months ended in Jun. 2023 was 658.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. LightAir AB's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.28.


LightAir AB Inventory-to-Revenue Historical Data

The historical data trend for LightAir AB'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.

LightAir AB Inventory-to-Revenue Chart

LightAir AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.39 0.21 0.49 0.73

LightAir AB Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.16 1.34 1.68 1.82 1.12

Competitive Comparison of LightAir AB's Inventory-to-Revenue

For the Pollution & Treatment Controls subindustry, LightAir AB'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.


LightAir AB's Inventory-to-Revenue Distribution in the Industrial Products Industry

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

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



LightAir AB 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.

LightAir AB's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (9.997 + 9.984) / 2 ) / 13.71
=9.9905 / 13.71
=0.73

LightAir AB's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (9.984 + 10.47) / 2 ) / 9.118
=10.227 / 9.118
=1.12

* 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.


LightAir AB  (NGM:LAIR) 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.

LightAir AB's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=10.227/2.833*365 / 2
=658.82

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

LightAir AB's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=2.833 / 10.227
=0.28

* 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.


LightAir AB Inventory-to-Revenue Related Terms

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LightAir AB (NGM:LAIR) Business Description

Traded in Other Exchanges
N/A
Address
Svetsarvagen 15, 2 TR, Solna, SWE, 171 41
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.

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