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. Kendrion NV's Average Total Inventories for the quarter that ended in Mar. 2024 was €74.0 Mil. Kendrion NV's Revenue for the
three
months ended in Mar. 2024 was €75.1 Mil.
Kendrion NV's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.99.
Kendrion NV's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.74) to Dec. 2023 (0.99)
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.
Kendrion NV's Days Inventory for the
three
months ended in Mar. 2024 was 184.88.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kendrion NV's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.49.
Kendrion NV Inventory-to-Revenue Historical Data
The historical data trend for Kendrion NV'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 Kendrion NV's Inventory-to-Revenue
For the Auto Parts subindustry, Kendrion NV'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.
Kendrion NV's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kendrion NV's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Kendrion NV's Inventory-to-Revenue falls into.
Kendrion NV 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.
Kendrion NV'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.
Kendrion NV's Days Inventory for the
three
months ended in Mar. 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.
Kendrion NV Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Kendrion NV's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Kendrion NV is engaged in developing, manufacturing and marketing electromagnetic and mechatronic systems and components for industrial and automotive applications. Its core business activities include electromagnetic components and mechatronic solutions for customer applications in the industrial and automotive sector; customized mechatronic solutions to automatic processes; electromagnetic solenoids, brakes, holding magnets, valves, controllers and clutches for industrial applications and individual systems for commercial vehicles as well as off-highway application and hydraulic industry. The company has two business divisions namely Automotive and Industrial. The majority of the revenue comes from Germany.
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