What is Art's-Way Manufacturing Co 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. Art's-Way Manufacturing Co's Average Total Inventories for the quarter that ended in Feb. 2024 was $11.01 Mil. Art's-Way Manufacturing Co's Revenue for the
three
months ended in Feb. 2024 was $5.72 Mil.
Art's-Way Manufacturing Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 1.92.
Art's-Way Manufacturing Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024
increased
from Nov. 2023 (1.60) to Nov. 2023 (1.92)
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.
Art's-Way Manufacturing Co's Days Inventory for the
three
months ended in Feb. 2024 was 236.38.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Art's-Way Manufacturing Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.39.
Art's-Way Manufacturing Co Inventory-to-Revenue Historical Data
* 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.
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Art's-Way Manufacturing Co Inventory-to-Revenue Chart
Competitive Comparison of Art's-Way Manufacturing Co's Inventory-to-Revenue
For the Farm & Heavy Construction Machinery subindustry, Art's-Way Manufacturing Co'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.
Art's-Way Manufacturing Co's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Art's-Way Manufacturing Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Art's-Way Manufacturing Co's Inventory-to-Revenue falls into.
Art's-Way Manufacturing Co 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.
Art's-Way Manufacturing Co's Inventory-to-Revenue for the fiscal year that ended in Nov. 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.
Art's-Way Manufacturing Co (NAS:ARTW) 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.
Art's-Way Manufacturing Co's Days Inventory for the
three
months ended in Feb. 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.
Art's-Way Manufacturing Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Art's-Way Manufacturing Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Business Description
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has three reportable segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and worldwide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. The Tools segment manufactures steel cutting tools and inserts. It derives revenues from the Agricultural Products segment.
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