Erato Energy (WAR:ERA) Inventory-to-Revenue : 0.92 (As of Mar. 2024)

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What is Erato Energy 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. Erato Energy's Average Total Inventories for the quarter that ended in Mar. 2024 was zł1.21 Mil. Erato Energy's Revenue for the three months ended in Mar. 2024 was zł1.33 Mil. Erato Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.92.

Erato Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.28) to Dec. 2023 (0.92)

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. Erato Energy's Days Inventory for the three months ended in Mar. 2024 was 142.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Erato Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.64.

Erato Energy Inventory-to-Revenue Historical Data

The historical data trend for Erato Energy'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.

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Erato Energy Inventory-to-Revenue Chart

Erato Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.59

0.08

0.12

Erato Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															0.90	0.78	0.85	0.28	0.92

Competitive Comparison of Erato Energy's Inventory-to-Revenue

For the Solar subindustry, Erato Energy'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.

Erato Energy's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Erato Energy's Inventory-to-Revenue distribution charts can be found below:

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

Erato Energy Inventory-to-Revenue Calculation

Erato Energy'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 )
=	( (3.685	+	1.303)	/	2 )	/	21.387
=	2.494					/	21.387
=	0.12

Erato Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (1.303	+	1.125)	/	2 )	/	1.326
=	1.214					/	1.326
=	0.92

Erato Energy (WAR:ERA) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Erato Energy's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1.214	/	0.78	*	365 / 4
	=	142.02

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

Erato Energy's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	0.78	/	1.214
	=	0.64

Erato Energy Inventory-to-Revenue Related Terms

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Erato Energy (WAR:ERA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Erato Energy SA (WAR:ERA) » Definitions » Inventory-to-Revenue

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Traded in Other Exchanges

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Address

Szeligowska 42, Warszawa, POL, 01-320

Website

https://www.eratoenergy.pl

Erato Energy SA is engaged in tailored photovoltaic installations. It deals with photovoltaics which includes the assembly of sets of devices that produce electricity from solar energy. The elements of the photovoltaic set include Photovoltaic panels, Inverter, Wiring & security.