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NIC Autotec (TSE:5742) Inventory-to-Revenue : 0.82 (As of Dec. 2023)


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What is NIC Autotec 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. NIC Autotec's Average Total Inventories for the quarter that ended in Dec. 2023 was 円951 Mil. NIC Autotec's Revenue for the three months ended in Dec. 2023 was 円1,160 Mil. NIC Autotec's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.82.

NIC Autotec's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.92) to Sep. 2023 (0.82)

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. NIC Autotec's Days Inventory for the three months ended in Dec. 2023 was 89.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. NIC Autotec's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.02.


NIC Autotec Inventory-to-Revenue Historical Data

The historical data trend for NIC Autotec'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.

NIC Autotec Inventory-to-Revenue Chart

NIC Autotec Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.19 0.19 0.16 0.16

NIC Autotec Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 0.77 0.71 0.78 0.92 0.82

Competitive Comparison of NIC Autotec's Inventory-to-Revenue

For the Aluminum subindustry, NIC Autotec'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.


NIC Autotec's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, NIC Autotec's Inventory-to-Revenue distribution charts can be found below:

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



NIC Autotec 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.

NIC Autotec's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (1098.657 + 1015.84) / 2 ) / 6661.561
=1057.2485 / 6661.561
=0.16

NIC Autotec's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (930.053 + 971.475) / 2 ) / 1159.661
=950.764 / 1159.661
=0.82

* 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.


NIC Autotec  (TSE:5742) 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.

NIC Autotec's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=950.764/971.29*365 / 4
=89.32

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

NIC Autotec's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=971.29 / 950.764
=1.02

* 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.


NIC Autotec Inventory-to-Revenue Related Terms

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NIC Autotec (TSE:5742) Business Description

Traded in Other Exchanges
N/A
Address
ShimizuHajime 7-8, Toyama, Toyama Prefecture, JPN, 930-0034
NIC Autotec, Inc is engaged in equipment business which include factory automation and clean booth and clean room, alpha frame business which include industrial aluminium frame and system, and commercial business.

NIC Autotec (TSE:5742) Headlines

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