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Byrna Technologies (Byrna Technologies) Inventory-to-Revenue : 0.78 (As of Feb. 2024)


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What is Byrna Technologies 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. Byrna Technologies's Average Total Inventories for the quarter that ended in Feb. 2024 was $13.01 Mil. Byrna Technologies's Revenue for the three months ended in Feb. 2024 was $16.65 Mil. Byrna Technologies's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.78.

Byrna Technologies's Inventory-to-Revenue for the quarter that ended in Feb. 2024 declined from Nov. 2023 (0.98) to Nov. 2023 (0.78)

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. Byrna Technologies's Days Inventory for the three months ended in Feb. 2024 was 169.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Byrna Technologies's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.54.


Byrna Technologies Inventory-to-Revenue Historical Data

The historical data trend for Byrna 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.

Byrna Technologies Inventory-to-Revenue Chart

Byrna Technologies Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.17 0.14 0.23 0.34

Byrna Technologies Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.99 1.54 2.41 0.98 0.78

Competitive Comparison of Byrna Technologies's Inventory-to-Revenue

For the Aerospace & Defense subindustry, Byrna 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.


Byrna Technologies's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry

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

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



Byrna Technologies 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.

Byrna Technologies's Inventory-to-Revenue for the fiscal year that ended in Nov. 2023 is calculated as

Inventory-to-Revenue (A: Nov. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Nov. 2022 ) + Total Inventories (A: Nov. 2023 )) / count ) / Revenue (A: Nov. 2023 )
=( (15.462 + 13.89) / 2 ) / 42.644
=14.676 / 42.644
=0.34

Byrna Technologies's Inventory-to-Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue (Q: Feb. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Revenue (Q: Feb. 2024 )
=( (13.89 + 12.128) / 2 ) / 16.654
=13.009 / 16.654
=0.78

* 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.


Byrna Technologies  (NAS:BYRN) 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.

Byrna Technologies's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=13.009/7.015*365 / 4
=169.22

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

Byrna Technologies's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2024 ) / Average Total Inventories (Q: Feb. 2024 )
=7.015 / 13.009
=0.54

* 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.


Byrna Technologies Inventory-to-Revenue Related Terms

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Byrna Technologies (Byrna Technologies) Business Description

Traded in Other Exchanges
N/A
Address
100 Burtt Road, Suite 115, Andover, MA, USA, 01810
Byrna Technologies Inc is a designer, manufacturer, retailer and distributor of technological solutions for security situations that do not require the use of lethal force. The company generates its revenue from the United States, South Africa, Europe, South America, Asia and Canada.
Executives
David North officer: Chief Financial Officer 100 BURTT RD., SUITE 115, ANDOVER MA 01810
Bryan Ganz director, officer: CEO Pres Chairman of the Board C/O ARRHYTHMIA RESEARCH TECHNOLOGY, INC., 25 SAWYER PASSWAY, FITCHBURG MA 01420
Luan Pham officer: CRMO C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Michael Wager officer: Chief Strategy Officer 100 BURTT ROAD, SUITE 115, BOSTON MA 01810
Lisa Wager officer: Chief Legal Officer 100 BURTT RD., SUITE 115, ANDOVER MA 01810
Leonard J Elmore director ONE OLD COUNTRY ROAD, SUITE 500, CARLE PLACE NY 11514
Emily Rooney director 100 BURTT ROAD, SUITE 115, ANDOVER MA 01810
Michael Scott Gillespie officer: Chief Operating Officer 100 BURTT ROAD, SUITE 115, ANDOVER MA 01810
Chris Lavern Reed director 100 BURTT RD., SUITE 115, ANDOVER MA 01810
Lapeyre Pierre F Jr 10 percent owner C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE 36TH FLOOR, NEW YORK NY 10019
Paul C. Jensen director TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Clive D Bode director 909 HIDDEN RIDGE STE 600, IRVING TX 75038
Herbert Hughes director 100 BURTT ROAD, SUITE 115, ANDOVER MA 01810
Rodd Friedman 10 percent owner 12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854
Ref Securities & Co. 10 percent owner 12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854