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Butler National (Butler National) Inventory-to-Revenue : 0.52 (As of Jan. 2024)


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What is Butler National 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. Butler National's Average Total Inventories for the quarter that ended in Jan. 2024 was $9.89 Mil. Butler National's Revenue for the three months ended in Jan. 2024 was $18.96 Mil. Butler National's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.52.

Butler National's Inventory-to-Revenue for the quarter that ended in Jan. 2024 increased from Oct. 2023 (0.47) to Oct. 2023 (0.52)

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. Butler National's Days Inventory for the three months ended in Jan. 2024 was 90.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Butler National's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.01.


Butler National Inventory-to-Revenue Historical Data

The historical data trend for Butler National'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.

Butler National Inventory-to-Revenue Chart

Butler National Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.14 0.12 0.12

Butler National 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 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 0.46 0.46 0.52 0.47 0.52

Competitive Comparison of Butler National's Inventory-to-Revenue

For the Aerospace & Defense subindustry, Butler National'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.


Butler National's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Butler National's Inventory-to-Revenue distribution charts can be found below:

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



Butler National 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.

Butler National's Inventory-to-Revenue for the fiscal year that ended in Apr. 2023 is calculated as

Inventory-to-Revenue (A: Apr. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Revenue (A: Apr. 2023 )
=( (8.872 + 8.947) / 2 ) / 75.182
=8.9095 / 75.182
=0.12

Butler National's Inventory-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue (Q: Jan. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Revenue (Q: Jan. 2024 )
=( (9.239 + 10.537) / 2 ) / 18.96
=9.888 / 18.96
=0.52

* 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.


Butler National  (OTCPK:BUKS) 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.

Butler National's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=9.888/9.941*365 / 4
=90.76

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

Butler National's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=9.941 / 9.888
=1.01

* 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.


Butler National Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Butler National's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Butler National (Butler National) Business Description

Traded in Other Exchanges
N/A
Address
19920 West 161st Street, Olathe, KS, USA, 66062
Butler National Corp is engaged in designing, manufacturing and selling, installing, repairing, modifying, overhauling, servicing and distributing a broad portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems. The company's operating segment includes Professional Services and Aerospace Products. It generates maximum revenue from the Aerospace Products segment. The Professional Services segment provides professional management services in the gaming industry, and professional architectural, and engineering services. It has a business presence in North America, Europe, Asia, Australia and other geographical regions.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
Joe Aric Peters director 15125 MELROSE DRIVE, OVERLAND PARK KS 66221
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Veradace Partners Lp 10 percent owner 2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
John M. Edgar director 2600 GRAND BOULEVARD, SUITE 440, KANSAS CITY MO 64108
David B Hayden director 15733 SHANNAN LANE, OLATHE KS 66062
Tad Mitchell Mcmahon officer: Chief Financial Officer 19920 W 161ST STREET, OLATHE KS 66062
Craig D Stewart officer: Vice President and CFO 15213 KING STREET, OVERLAND PARK KS 66221
Angela D Seba-shinabargar officer: CFO 11575 S. WATER, OLATHE KS 66061
Bradley Kyle Hoffman director 8741 ENSLEY LANE, LEAWOOD KS 66206
Michael Joseph Tamburelli director 11028 N. LAUREL AVE, KANSAS CITY MO 64157
Christopher J Reedy officer: Vice President 7411 RICHARDS DRIVE, SHAWNEE KS 66216
Clark D Stewart director, officer: President - CEO 15733 SHANNAN LANE, OLATHE KS 66062