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mic AG (XTER:M3BK) Inventory-to-Revenue : 0.59 (As of Jun. 2023)


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What is mic AG 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. mic AG's Average Total Inventories for the quarter that ended in Jun. 2023 was €22.52 Mil. mic AG's Revenue for the six months ended in Jun. 2023 was €38.42 Mil. mic AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.59.

mic AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 increased from Dec. 2022 (0.00) to Dec. 2022 (0.59)

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. mic AG's Days Inventory for the six months ended in Jun. 2023 was 137.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. mic AG's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.32.


mic AG Inventory-to-Revenue Historical Data

The historical data trend for mic AG'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.

mic AG Inventory-to-Revenue Chart

mic AG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.20

mic AG Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 - - - - 0.59

Competitive Comparison of mic AG's Inventory-to-Revenue

For the Asset Management subindustry, mic AG'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.


mic AG's Inventory-to-Revenue Distribution in the Asset Management Industry

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

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



mic AG 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.

mic AG'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 )
=( (11.841 + 25.655) / 2 ) / 91.864
=18.748 / 91.864
=0.20

mic AG'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 )
=( (25.655 + 19.387) / 2 ) / 38.42
=22.521 / 38.42
=0.59

* 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.


mic AG  (XTER:M3BK) 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.

mic AG'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
=22.521/29.833*365 / 2
=137.77

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

mic AG'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 )
=29.833 / 22.521
=1.32

* 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.


mic AG Inventory-to-Revenue Related Terms

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mic AG (XTER:M3BK) Business Description

Traded in Other Exchanges
Address
Denisstrabe 1b, Munich, DEU, 80335
mic AG is an investment company. It invests in young technology companies in the field of fiber optics, clean tech, software, microsystems and IT among others. The portfolio comprises of Aifotec AG, 3-Edge Gmbh, and FiSec Gmbh and among others. Its portfolio comprises of u-GPS Optics GmbH, a developer of a technology for three-dimensional (3D) optical measurements, Flores Solar Water GmbH, which develops a low-cost water treatment plant that uses solar thermal energy.
Executives
Dr. Jürgen Gromer Supervisory Board
Arne Weber Board of Directors
Andreas Empl Board of Directors
Ralph Weidenmann Supervisory Board
Peter Trosien Board of Directors

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