What is SMART Global Holdings 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. SMART Global Holdings's Average Total Inventories for the quarter that ended in Nov. 2023 was $192 Mil. SMART Global Holdings's Revenue for the
three
months ended in Nov. 2023 was $274 Mil.
SMART Global Holdings's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.70.
SMART Global Holdings's Inventory-to-Revenue for the quarter that ended in Nov. 2023
declined
from Aug. 2023 (1.23) to Aug. 2023 (0.70)
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.
SMART Global Holdings's Days Inventory for the
three
months ended in Nov. 2023 was 91.40.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SMART Global Holdings's Inventory Turnover for the quarter that ended in Nov. 2023 was 1.00.
SMART Global Holdings Inventory-to-Revenue Historical Data
The historical data trend for SMART Global 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.
Competitive Comparison of SMART Global Holdings's Inventory-to-Revenue
For the Semiconductors subindustry, SMART Global 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.
SMART Global Holdings's Inventory-to-Revenue Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, SMART Global Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where SMART Global Holdings's Inventory-to-Revenue falls into.
SMART Global Holdings 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.
SMART Global Holdings's Inventory-to-Revenue for the fiscal year that ended in Aug. 2023 is calculated as
* 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.
SMART Global Holdings (NAS:SGH) 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.
SMART Global Holdings's Days Inventory for the
three
months ended in Nov. 2023 is calculated as:
* 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.
SMART Global Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of SMART Global Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
SMART Global Holdings (SMART Global Holdings) Business Description
SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas. It specializes in application-specific product development and support for customers in the enterprise, government and original equipment manufacturer (OEM) markets. It operates in three segments such as Memory Solutions in which Memory Solutions group, under our SMART Modular brand, provides high performance and reliable memory solutions through the design, development and advanced packaging of leading-edge to extended lifecycle products. Intelligent Platform Solutions in their IPS group, under our Penguin Solutions and newly acquired Stratus Technologies brands, offers specialized platform solutions and services for high-performance computing.
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