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RLLWF (Reliance Worldwide) Inventory-to-Revenue : 0.44 (As of Dec. 2024)


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What is Reliance Worldwide 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. Reliance Worldwide's Average Total Inventories for the quarter that ended in Dec. 2024 was $298 Mil. Reliance Worldwide's Revenue for the six months ended in Dec. 2024 was $677 Mil. Reliance Worldwide's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.44.

Reliance Worldwide's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Jun. 2024 (0.45) to Jun. 2024 (0.44)

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. Reliance Worldwide's Days Inventory for the six months ended in Dec. 2024 was 132.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reliance Worldwide's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.38.


Reliance Worldwide Inventory-to-Revenue Historical Data

The historical data trend for Reliance Worldwide'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.

Reliance Worldwide Inventory-to-Revenue Chart

Reliance Worldwide Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory-to-Revenue
Get a 7-Day Free Trial 0.19 0.17 0.22 0.24 0.23

Reliance Worldwide Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.55 0.49 0.49 0.45 0.44

Competitive Comparison of Reliance Worldwide's Inventory-to-Revenue

For the Building Products & Equipment subindustry, Reliance Worldwide'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.


Reliance Worldwide's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Reliance Worldwide's Inventory-to-Revenue distribution charts can be found below:

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


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Reliance Worldwide 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.

Reliance Worldwide's Inventory-to-Revenue for the fiscal year that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (A: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )
=( (289.399 + 292.78) / 2 ) / 1245.754
=291.0895 / 1245.754
=0.23

Reliance Worldwide's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (292.78 + 302.295) / 2 ) / 676.525
=297.5375 / 676.525
=0.44

* 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.


Reliance Worldwide  (OTCPK:RLLWF) 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.

Reliance Worldwide's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=297.5375/410.846*365 / 2
=132.17

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

Reliance Worldwide's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=410.846 / 297.5375
=1.38

* 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.


Reliance Worldwide Inventory-to-Revenue Related Terms

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Reliance Worldwide Business Description

Traded in Other Exchanges
Address
140 William Street, Level 32, Melbourne, VIC, AUS, 3000
Reliance manufactures behind-the-wall plumbing products, which include fittings, pipes, valves, fluid dispensers, pipe systems, and appliance connectors. Its main segment is the US, which comprises about three fourths of our midcycle EBITDA estimates. Other segments include EMEA and the Asia-Pacific, which contribute about 20% and less than 10%, respectively, of our midcycle EBITDA estimates. The firm is best known for its push-to-connect products, including the brands SharkBite in the US and John Guest in the United Kingdom. Reliance's primary target segment is the do-it-yourself market. Smaller sales segments include residential and commercial construction, and hot water system manufacturers, which use some Reliance products in manufacturing.