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. Steel Dynamics's Average Total Inventories for the quarter that ended in Sep. 2024 was $3,059 Mil. Steel Dynamics's Revenue for the
three
months ended in Sep. 2024 was $4,342 Mil.
Steel Dynamics's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.71.
Steel Dynamics's Inventory-to-Revenue for the quarter that ended in Sep. 2024
increased
from Jun. 2024 (0.66) to Jun. 2024 (0.71)
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.
Steel Dynamics's Days Inventory for the
three
months ended in Sep. 2024 was 74.71.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Steel Dynamics's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.22.
Steel Dynamics Inventory-to-Revenue Historical Data
The historical data trend for Steel Dynamics'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 Steel Dynamics's Inventory-to-Revenue
For the Steel subindustry, Steel Dynamics'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.
Steel Dynamics's Inventory-to-Revenue Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Steel Dynamics's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Steel Dynamics's Inventory-to-Revenue falls into.
Steel Dynamics 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.
Steel Dynamics's Inventory-to-Revenue for the fiscal year that ended in Dec. 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.
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.
Steel Dynamics's Days Inventory for the
three
months ended in Sep. 2024 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.
Steel Dynamics Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Steel Dynamics's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Steel Dynamics Inc operates scrap-based steel minimills with roughly 16 million tons of annual steel production capacity. The company's segment includes steel operations, metals recycling operations, steel fabrication operations, Aluminum Operations Segment, and others. It generates maximum revenue from the steel operations segment.
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