SPEC (Spectaire Holdings) Inventory-to-Revenue: (As of Jun. 2024)

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What is Spectaire 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. Spectaire Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was $0.16 Mil. Spectaire Holdings's Revenue for the three months ended in Jun. 2024 was $0.00 Mil.

Spectaire Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 stayed the same from Mar. 2024 () to Mar. 2024 ()

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spectaire Holdings's Days Inventory for the three months ended in Jun. 2024 was 524.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spectaire Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.17.

Spectaire Holdings  (OTCPK:SPEC) 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.

Spectaire Holdings's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=0.163806/0.028515*365 / 4
=524.19

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

Spectaire Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=0.028515 / 0.163806
=0.17

* 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.

Spectaire Holdings Inventory-to-Revenue Related Terms

Spectaire Holdings Inventory-to-Revenue Historical Data

* Premium members only.

The historical data trend for Spectaire 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.

Spectaire Holdings Inventory-to-Revenue Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
Inventory-to-Revenue
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Spectaire Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

SPEC vs VLTO, FSS, ZWS: Inventory-to-Revenue Comparison

For the Pollution & Treatment Controls subindustry, Spectaire 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.

Spectaire Holdings Inventory-to-Revenue vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spectaire Holdings's Inventory-to-Revenue distribution charts can be found below:

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


Spectaire 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.

Spectaire 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 )
=( (0 + 0.243448) / 1 ) / 0
=0.243448 / 0
=N/A

Spectaire Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (0.163806 + 0.163806) / 2 ) / 0
=0.163806 / 0
=

* 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.

Spectaire Holdings Business Description

Address 19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.