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Arteche Lantegi Elekartea (XMAD:ART) Inventory-to-Revenue : 0.39 (As of Dec. 2023)


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What is Arteche Lantegi Elekartea 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. Arteche Lantegi Elekartea's Average Total Inventories for the quarter that ended in Dec. 2023 was €83.7 Mil. Arteche Lantegi Elekartea's Revenue for the six months ended in Dec. 2023 was €213.2 Mil. Arteche Lantegi Elekartea's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.

Arteche Lantegi Elekartea's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.42) to Jun. 2023 (0.39)

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. Arteche Lantegi Elekartea's Days Inventory for the six months ended in Dec. 2023 was 134.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arteche Lantegi Elekartea's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.36.


Arteche Lantegi Elekartea Inventory-to-Revenue Historical Data

The historical data trend for Arteche Lantegi Elekartea'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.

Arteche Lantegi Elekartea Inventory-to-Revenue Chart

Arteche Lantegi Elekartea Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.22 0.20 0.19 0.19 0.19

Arteche Lantegi Elekartea Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only 0.37 0.43 0.38 0.42 0.39

Competitive Comparison of Arteche Lantegi Elekartea's Inventory-to-Revenue

For the Electronic Components subindustry, Arteche Lantegi Elekartea'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.


Arteche Lantegi Elekartea's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arteche Lantegi Elekartea's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Arteche Lantegi Elekartea's Inventory-to-Revenue falls into.



Arteche Lantegi Elekartea 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.

Arteche Lantegi Elekartea'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 )
=( (71.22 + 81.004) / 2 ) / 401.256
=76.112 / 401.256
=0.19

Arteche Lantegi Elekartea'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (86.391 + 81.004) / 2 ) / 213.21
=83.6975 / 213.21
=0.39

* 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.


Arteche Lantegi Elekartea  (XMAD:ART) 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.

Arteche Lantegi Elekartea's Days Inventory for the six 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
=83.6975/113.492*365 / 2
=134.59

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

Arteche Lantegi Elekartea'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 )
=113.492 / 83.6975
=1.36

* 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.


Arteche Lantegi Elekartea Inventory-to-Revenue Related Terms

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Arteche Lantegi Elekartea (XMAD:ART) Business Description

Traded in Other Exchanges
N/A
Address
Derio Bidea 28, Bizkaia, Mungia, ESP, 48100
Arteche Lantegi Elekartea SA is engaged in developing equipment and solutions for the electric power industry. The product portfolio of the company includes High voltage instrument transformers, Digital Instrument Transformers, Trip, supervision, and auxiliary relays, Medium voltage sensors, and Reclosers and switches among others.

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