GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Clevon AS (OTSE:CLEV) » Definitions » Inventory-to-Revenue

Clevon AS (OTSE:CLEV) Inventory-to-Revenue : 4.88 (As of Jun. 2023)


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

What is Clevon AS 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. Clevon AS's Average Total Inventories for the quarter that ended in Jun. 2023 was €0.30 Mil. Clevon AS's Revenue for the six months ended in Jun. 2023 was €0.06 Mil. Clevon AS's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 4.88.

Clevon AS's Inventory-to-Revenue for the quarter that ended in Jun. 2023 increased from Dec. 2022 (0.00) to Dec. 2022 (4.88)

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.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clevon AS's Inventory Turnover for the quarter that ended in Jun. 2023 was -3.18.


Clevon AS Inventory-to-Revenue Historical Data

The historical data trend for Clevon AS'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.

Clevon AS Inventory-to-Revenue Chart

Clevon AS Annual Data
Trend Dec22
Inventory-to-Revenue
3.41

Clevon AS Semi-Annual Data
Dec22 Jun23
Inventory-to-Revenue - 4.88

Competitive Comparison of Clevon AS's Inventory-to-Revenue

For the Auto Manufacturers subindustry, Clevon AS'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.


Clevon AS's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

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

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



Clevon AS 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.

Clevon AS'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: . 20 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( ( + 0.334) / 1 ) / 0.098
=0.334 / 0.098
=3.41

Clevon AS'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 )
=( (0.334 + 0.271) / 2 ) / 0.062
=0.3025 / 0.062
=4.88

* 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.


Clevon AS  (OTSE:CLEV) 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.

Clevon AS'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
=0.3025/-0.961*365 / 2
=

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

Clevon AS'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 )
=-0.961 / 0.3025
=-3.18

* 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.


Clevon AS Inventory-to-Revenue Related Terms

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


Clevon AS (OTSE:CLEV) Business Description

Traded in Other Exchanges
N/A
Address
Reinu tee 48, Viljandi county, Viljandi, EST, 71020
Clevon AS develops and manufactures autonomous robot couriers, making last-mile delivery more innovative, environmentally friendly and efficient.