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. Richelieu Hardware's Average Total Inventories for the quarter that ended in Feb. 2024 was C$579 Mil. Richelieu Hardware's Revenue for the
three
months ended in Feb. 2024 was C$407 Mil.
Richelieu Hardware's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 1.42.
Richelieu Hardware's Inventory-to-Revenue for the quarter that ended in Feb. 2024
increased
from Nov. 2023 (1.29) to Nov. 2023 (1.42)
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.
Richelieu Hardware's Days Inventory for the
three
months ended in Feb. 2024 was 171.38.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Richelieu Hardware's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.53.
Richelieu Hardware Inventory-to-Revenue Historical Data
The historical data trend for Richelieu Hardware'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 Richelieu Hardware's Inventory-to-Revenue
For the Furnishings, Fixtures & Appliances subindustry, Richelieu Hardware'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.
Richelieu Hardware's Inventory-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Richelieu Hardware's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Richelieu Hardware's Inventory-to-Revenue falls into.
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.
Richelieu Hardware's Inventory-to-Revenue for the fiscal year that 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.
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.
Richelieu Hardware's Days Inventory for the
three
months ended in Feb. 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.
Richelieu Hardware Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Richelieu Hardware's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company's sales are derived from its operations in Canada. Richelieu's products include furniture, glass, decorative, window, and door hardware, lighting systems, and kitchen and closet storage. The firm primarily serves home furnishing manufacturers, residential and commercial woodworkers, hardware retailers, and renovation superstores.
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