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Relais Group (OHEL:RELAIS) Inventory-to-Revenue : 0.87 (As of Mar. 2024)


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What is Relais Group 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. Relais Group's Average Total Inventories for the quarter that ended in Mar. 2024 was €72.2 Mil. Relais Group's Revenue for the three months ended in Mar. 2024 was €82.8 Mil. Relais Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.87.

Relais Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.90) to Dec. 2023 (0.87)

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. Relais Group's Days Inventory for the three months ended in Mar. 2024 was 147.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Relais Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.62.


Relais Group Inventory-to-Revenue Historical Data

The historical data trend for Relais Group'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.

Relais Group Inventory-to-Revenue Chart

Relais Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.35 0.33 0.24 0.27 0.24

Relais Group Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.96 1.05 1.01 0.90 0.87

Competitive Comparison of Relais Group's Inventory-to-Revenue

For the Auto Parts subindustry, Relais Group'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.


Relais Group's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Relais Group's Inventory-to-Revenue distribution charts can be found below:

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



Relais Group 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.

Relais Group'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 )
=( (66.512 + 71.202) / 2 ) / 284.252
=68.857 / 284.252
=0.24

Relais Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (71.202 + 73.1) / 2 ) / 82.756
=72.151 / 82.756
=0.87

* 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.


Relais Group  (OHEL:RELAIS) 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.

Relais Group's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=72.151/44.564*365 / 4
=147.74

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

Relais Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=44.564 / 72.151
=0.62

* 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.


Relais Group Inventory-to-Revenue Related Terms

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Relais Group (OHEL:RELAIS) Business Description

Traded in Other Exchanges
N/A
Address
Mannerheimintie 105, Helsinki, FIN, 00280
Relais Group PLC is engaged in the development of automotive electrical equipment and spare parts. The company operates through various brands comprising of Startax, Awimex, ABR, and Huzells. The company has two reportable segments involve Finland&Baltics and Scandinavia. The Finland&Baltics segment sells car spare parts, equipment and commercial vehicle repair and maintanance services through companies operating in Finland, Estonia and Latvia. The Scandinavia segment also sells car spare parts, equipment and commercial vehicle repair and maintanance services through its companies in Sweden, Norway and Denmark. Majority of revenue is derived from Scandinavia.

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