GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Romeo Power Inc (NYSE:RMO) » Definitions » Inventory-to-Revenue

Romeo Power (Romeo Power) Inventory-to-Revenue : 6.94 (As of Jun. 2022)


View and export this data going back to 2020. Start your Free Trial

What is Romeo Power 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. Romeo Power's Average Total Inventories for the quarter that ended in Jun. 2022 was $39.76 Mil. Romeo Power's Revenue for the three months ended in Jun. 2022 was $5.73 Mil. Romeo Power's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 6.94.

Romeo Power's Inventory-to-Revenue for the quarter that ended in Jun. 2022 increased from Mar. 2022 (3.08) to Mar. 2022 (6.94)

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. Romeo Power's Days Inventory for the three months ended in Jun. 2022 was 184.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Romeo Power's Inventory Turnover for the quarter that ended in Jun. 2022 was 0.50.


Romeo Power Inventory-to-Revenue Historical Data

The historical data trend for Romeo Power'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.

Romeo Power Inventory-to-Revenue Chart

Romeo Power Annual Data
Trend Dec19 Dec20 Dec21
Inventory-to-Revenue
0.79 0.65 1.25

Romeo Power Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.18 1.99 2.89 3.08 6.94

Competitive Comparison of Romeo Power's Inventory-to-Revenue

For the Auto Parts subindustry, Romeo Power'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.


Romeo Power's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

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

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



Romeo Power 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.

Romeo Power's Inventory-to-Revenue for the fiscal year that ended in Dec. 2021 is calculated as

Inventory-to-Revenue (A: Dec. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Revenue (A: Dec. 2021 )
=( (4.937 + 37.125) / 2 ) / 16.804
=21.031 / 16.804
=1.25

Romeo Power's Inventory-to-Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue (Q: Jun. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Revenue (Q: Jun. 2022 )
=( (34.129 + 45.397) / 2 ) / 5.729
=39.763 / 5.729
=6.94

* 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.


Romeo Power  (NYSE:RMO) 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.

Romeo Power's Days Inventory for the three months ended in Jun. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2022 )/Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=39.763/19.698*365 / 4
=184.20

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

Romeo Power's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2022 ) / Average Total Inventories (Q: Jun. 2022 )
=19.698 / 39.763
=0.50

* 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.


Romeo Power Inventory-to-Revenue Related Terms

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


Romeo Power (Romeo Power) Business Description

Traded in Other Exchanges
N/A
Address
4380 Ayers Avenue, Vernon, CA, USA, 90058
Romeo Power Inc is an energy technology company focused on designing and manufacturing lithium-ion battery modules and packs for commercial electric vehicles. Through its energy-dense battery modules and packs, Romeo Power enables large-scale sustainable transportation by delivering safer, longer-lasting batteries with a longer range and shorter charge times. With greater energy density, the company can create lightweight and efficient solutions that deliver superior performance, and provide improved acceleration, range, safety, and durability. Its modules and packs are customizable and scalable and they are optimized by its proprietary battery management system.
Executives
Borgwarner Inc 10 percent owner 3850 HAMLIN RD., AUBURN HILLS MI 48326
Rose F Rogers officer: Chief People Officer 23301 WILMINGTON AVE., CARSON CA 90745-6209
Anne Devine officer: Chief Operating Officer 4380 AYERS AVENUE VERNON CA 90058
Laurene H Horiszny director C/O ROMEO POWER INC., 4380 AYERS AVENUE, VERNON CA 90058
Matthew Sant officer: General Counsel and Secretary C/O ROMEO POWER, INC. 4380 AYERS AVENUE VERNON CA 90058
Kerry A Shiba officer: Chief Financial Officer 5847 SAN FELIPE SUITE 2500, HOUSTON TX 77057
Yun Han officer: Chief Accounting Officer 1449 HAMPTON ROAD, SAN MARINO CA 91108
Michael Patterson officer: Chief Sales Officer 4380 AYERS AVENUE VERNON CA 90058
Selwood Lionel E. Jr. director, officer: President, CEO and Director 4380 AYERS AVENUE VERNON CA 90058
Brady D Ericson director 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Criswell Choi officer: Chief Operating Officer 4380 AYERS AVENUE VERNON CA 90058
Lauren Webb director, officer: CFO and Director 4380 AYERS AVENUE VERNON CA 90058
El Srouji Abdul Kader officer: Chief Technology Officer 414 RAINBOW AVENUE LOS ANGELES CA 90065
Susan Seilheimer Brennan director 1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Donald S. Gottwald director C/O ROMEO POWER, INC., 4380 AYERS AVENUE, VERNON CA 90058

Romeo Power (Romeo Power) Headlines