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Candela Invest (XBRU:CAND) Inventory-to-Revenue : 0.32 (As of Jun. 2023)


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What is Candela Invest 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. Candela Invest's Average Total Inventories for the quarter that ended in Jun. 2023 was €1.19 Mil. Candela Invest's Revenue for the six months ended in Jun. 2023 was €3.68 Mil. Candela Invest's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.32.

Candela Invest's Inventory-to-Revenue for the quarter that ended in Jun. 2023 declined from Dec. 2022 (0.49) to Dec. 2022 (0.32)

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. Candela Invest's Days Inventory for the six months ended in Jun. 2023 was 59.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Candela Invest's Inventory Turnover for the quarter that ended in Jun. 2023 was 3.05.


Candela Invest Inventory-to-Revenue Historical Data

The historical data trend for Candela Invest'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.

Candela Invest Inventory-to-Revenue Chart

Candela Invest Annual Data
Trend Jul10 Jul11 Jul12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.13 0.17 0.15 0.17 0.18

Candela Invest Semi-Annual Data
Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.29 0.36 0.34 0.49 0.32

Competitive Comparison of Candela Invest's Inventory-to-Revenue

For the Asset Management subindustry, Candela Invest'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.


Candela Invest's Inventory-to-Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Candela Invest's Inventory-to-Revenue distribution charts can be found below:

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



Candela Invest 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.

Candela Invest's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (1.356 + 1.486) / 2 ) / 7.77
=1.421 / 7.77
=0.18

Candela Invest's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (1.486 + 0.894) / 2 ) / 3.68
=1.19 / 3.68
=0.32

* 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.


Candela Invest  (XBRU:CAND) 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.

Candela Invest's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=1.19/3.633*365 / 2
=59.78

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

Candela Invest's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=3.633 / 1.19
=3.05

* 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.


Candela Invest Inventory-to-Revenue Related Terms

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Candela Invest (XBRU:CAND) Business Description

Traded in Other Exchanges
N/A
Address
The Crescent, Lenniksebaan 451 bus 32, Anderlecht, Bruxelles, BEL, 1070
Candela Invest SA is a sector fund company that focuses on the acquisition of industrial lighting sector and production of waterproof luminaires. Its main objective is the acquisition, active management and disposal of potential.

Candela Invest (XBRU:CAND) Headlines

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