What is Circor International 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. Circor International's Average Total Inventories for the quarter that ended in Jun. 2023 was $162.0 Mil. Circor International's Revenue for the
three
months ended in Jun. 2023 was $208.8 Mil.
Circor International's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.78.
Circor International's Inventory-to-Revenue for the quarter that ended in Jun. 2023
increased
from Mar. 2023 (0.73) to Mar. 2023 (0.78)
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.
Circor International's Days Inventory for the
three
months ended in Jun. 2023 was 105.40.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Circor International's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.87.
Circor International Inventory-to-Revenue Historical Data
The historical data trend for Circor International'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.
Competitive Comparison of Circor International's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Circor International'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.
Circor International's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Circor International's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Circor International's Inventory-to-Revenue falls into.
Circor International 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.
Circor International's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Circor International (NYSE:CIR) 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.
Circor International's Days Inventory for the
three
months ended in Jun. 2023 is calculated as:
* 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.
Circor International Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Circor International's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Circor International (Circor International) Business Description
Circor International Inc. designs manufactures, and markets differentiated technology products and sub-systems. It has two reportable business segments: aerospace & defense and industrial. Circor primarily delivers flow control products and services to original equipment manufacturers (OEMs) and engineering, procurement, and construction (EPC) companies worldwide. Some of its products include positive displacement pumps, motors, specialty centrifugal pumps, metering pumps, automatic recirculating valves, control & actuators valves, and high-pressure pneumatic systems. While Circor serves diverse geographical segments, most of the company sales are generated in the United States, with valves and pumps under its industrial segment contributing the most to the company's profit.
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