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. Agilent Technologies's Average Total Inventories for the quarter that ended in Jan. 2024 was $1,032 Mil. Agilent Technologies's Revenue for the
three
months ended in Jan. 2024 was $1,658 Mil.
Agilent Technologies's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.62.
Agilent Technologies's Inventory-to-Revenue for the quarter that ended in Jan. 2024
declined
from Oct. 2023 (0.62) to Oct. 2023 (0.62)
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.
Agilent Technologies's Days Inventory for the
three
months ended in Jan. 2024 was 125.56.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Agilent Technologies's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.73.
Agilent Technologies Inventory-to-Revenue Historical Data
The historical data trend for Agilent Technologies'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.
Agilent Technologies Annual Data
Trend
Oct14
Oct15
Oct16
Oct17
Oct18
Oct19
Oct20
Oct21
Oct22
Oct23
Inventory-to-Revenue
0.13
0.13
0.12
0.14
0.15
Agilent Technologies Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Inventory-to-Revenue
0.61
0.65
0.65
0.62
0.62
Competitive Comparison
For the Diagnostics & Research subindustry, Agilent Technologies'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.
Agilent Technologies Inventory-to-Revenue Distribution
For the Medical Diagnostics & Research industry and Healthcare sector, Agilent Technologies's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Agilent Technologies's Inventory-to-Revenue falls into.
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.
Agilent Technologies's Inventory-to-Revenue for the fiscal year that ended in Oct. 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.
Agilent Technologies's Days Inventory for the
three
months ended in Jan. 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.
Agilent Technologies Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Agilent Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Agilent Technologies (Agilent Technologies) Business Description
Originally spun out of Hewlett-Packard in 1999, Agilent has evolved into a leading life sciences and diagnostics firm. Today, Agilent's measurement technologies serve a broad base of customers with its three operating segments: life science and applied tools, cross lab (consisting of consumables and services related to life science and applied tools), and diagnostics and genomics. Over half of its sales are generated from the biopharmaceutical, chemical, and advanced materials end markets, but it also supports clinical lab, environmental, forensics, food, academic, and government-related organizations. The company is geographically diverse, with operations in the U.S. and China representing the largest country concentrations.
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