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Tronics Microsystems (XPAR:ALTRO) Inventory-to-Revenue : 0.60 (As of Sep. 2023)


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What is Tronics Microsystems 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. Tronics Microsystems's Average Total Inventories for the quarter that ended in Sep. 2023 was €4.14 Mil. Tronics Microsystems's Revenue for the six months ended in Sep. 2023 was €6.85 Mil. Tronics Microsystems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.60.

Tronics Microsystems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (0.74) to Mar. 2023 (0.60)

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. Tronics Microsystems's Days Inventory for the six months ended in Sep. 2023 was 414.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tronics Microsystems's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.44.


Tronics Microsystems Inventory-to-Revenue Historical Data

The historical data trend for Tronics Microsystems'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.

Tronics Microsystems Inventory-to-Revenue Chart

Tronics Microsystems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.58 0.52 0.41 0.34

Tronics Microsystems Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.76 1.02 0.77 0.74 0.60

Competitive Comparison of Tronics Microsystems's Inventory-to-Revenue

For the Semiconductor Equipment & Materials subindustry, Tronics Microsystems'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.


Tronics Microsystems's Inventory-to-Revenue Distribution in the Semiconductors Industry

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

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



Tronics Microsystems 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.

Tronics Microsystems's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (4.376 + 4.317) / 2 ) / 12.856
=4.3465 / 12.856
=0.34

Tronics Microsystems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (4.317 + 3.966) / 2 ) / 6.852
=4.1415 / 6.852
=0.60

* 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.


Tronics Microsystems  (XPAR:ALTRO) 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.

Tronics Microsystems's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=4.1415/1.824*365 / 2
=414.38

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

Tronics Microsystems's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=1.824 / 4.1415
=0.44

* 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.


Tronics Microsystems Inventory-to-Revenue Related Terms

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Tronics Microsystems (XPAR:ALTRO) Business Description

Traded in Other Exchanges
N/A
Address
98 rue du Pré de l’Horme, Crolles, Cedex, FRA, 38926
Tronics Microsystems is a MEMS manufacturer. The company manufactures accelerometers, gyroscopes, micropumps, pressure sensors, switches, biodetectors, and other MEMS, as well as providing MEMS foundry and wafer fab manufacturing solutions. The products of the company are used in the aviation sector, medical sector, and oil & gas sector.

Tronics Microsystems (XPAR:ALTRO) Headlines

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