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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. Ondas Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $2.38 Mil. Ondas Holdings's Revenue for the three months ended in Dec. 2023 was $4.96 Mil. Ondas Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.48.
Ondas Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.03) to Sep. 2023 (0.48)
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 revenueDays Inventory indicates the number of days of goods in sales that a company has in the inventory. Ondas Holdings's Days Inventory for the three months ended in Dec. 2023 was 67.27.
Inventory Turnover measures how fast the company turns over its inventory within a year. Ondas Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.36.
The historical data trend for Ondas Holdings'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.
Ondas Holdings Annual Data | |||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
Inventory-to-Revenue | Get a 7-Day Free Trial | 1.21 | 0.37 | 0.40 | 0.79 | 0.14 |
Ondas Holdings Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Inventory-to-Revenue | Get a 7-Day Free Trial | 3.76 | 1.14 | 0.61 | 1.03 | 0.48 |
For the Communication Equipment subindustry, Ondas Holdings'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.
For the Hardware industry and Technology sector, Ondas Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Ondas Holdings's Inventory-to-Revenue falls into.
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.
Ondas Holdings'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 ) |
= | ( (2.173 | + | 2.187) | / | 2 ) | / | 15.691 |
= | 2.18 | / | 15.691 | ||||
= | 0.14 |
Ondas Holdings'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: Sep. 2023 ) | + | Total Inventories (Q: Dec. 2023 )) | / | count ) | / | Revenue (Q: Dec. 2023 ) |
= | ( (2.58 | + | 2.187) | / | 2 ) | / | 4.961 |
= | 2.3835 | / | 4.961 | ||||
= | 0.48 |
* 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.
Ondas Holdings (NAS:ONDS) 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 revenueLikewise, 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 revenueMore Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ondas Holdings's Days Inventory for the three 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 |
= | 2.3835 | / | 3.233 | * | 365 / 4 | |
= | 67.27 |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
Ondas Holdings'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 ) |
= | 3.233 | / | 2.3835 | |
= | 1.36 |
* 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.
Thank you for viewing the detailed overview of Ondas Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Richard M Cohen | director | C/O CARNEGIE INTERNATIONAL CORP, 11350 MCCORMICK ROAD EXECUTIVE PLAZA #3, HUNT VALLEY MD 21031 |
Joseph V Popolo | 10 percent owner | 3899 MAPLE AVENUE, SUITE 100, DALLAS TX 75219 |
Yishay Curelaru | officer: CFO, Treasurer and Secretary | 14 HAMEYASDIM ST., YESOD HAMAALA L3 1210500 |
Richard H Silverman | director | 165 GIBRALTAR COURT, SUNNYVALE CA 94089 |
Jaspreet K Sood | director | 61 OLD SOUTH ROAD, #495, NANTUCKET MA 02554 |
Randy Seidl | director | C/O ONDAS HOLDINGS INC., 165 GIBRALTAR CT., SUNNYVALE CA 94089 |
Thomas Bushey | director, officer: President | 55 EAST 52ND STREET, NEW YORK NY 10055 |
Reese Mozer | officer: President | 411 WAVERLEY OAKS ROAD, SUITE 114, WALTHAM MA 02452 |
Derek Reisfield | director | 165 GIBRALTAR COURT, SUNNYVALE CA 94089 |
Stewart Kantor | director, officer: CFO, Pres., Sec., Treasurer | 165 GIBRALTAR COURT, SUNNYVALE CA 94089 |
Eric A Brock | director, officer: CEO and Chairman | 165 GIBRALTAR COURT, SUNNYVALE CA 94089 |
Robert J Smith | 10 percent owner | 13650 FIDDLESTICKS BLVD., SUITE 202-324, FT. MYERS FL 33912 |
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