What is Formula Systems (1985) 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. Formula Systems (1985)'s Average Total Inventories for the quarter that ended in Sep. 2023 was $38 Mil. Formula Systems (1985)'s Revenue for the
three
months ended in Sep. 2023 was $655 Mil.
Formula Systems (1985)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.06.
Formula Systems (1985)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023
declined
from Jun. 2023 (0.06) to Jun. 2023 (0.06)
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.
Formula Systems (1985)'s Days Inventory for the
three
months ended in Sep. 2023 was 7.05.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Formula Systems (1985)'s Inventory Turnover for the quarter that ended in Sep. 2023 was 12.94.
Formula Systems (1985) Inventory-to-Revenue Historical Data
The historical data trend for Formula Systems (1985)'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.
Competitive Comparison of Formula Systems (1985)'s Inventory-to-Revenue
For the Information Technology Services subindustry, Formula Systems (1985)'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.
Formula Systems (1985)'s Inventory-to-Revenue Distribution in the Software Industry
For the Software industry and Technology sector, Formula Systems (1985)'s Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Formula Systems (1985)'s Inventory-to-Revenue falls into.
Formula Systems (1985) 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.
Formula Systems (1985)'s Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 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.
Formula Systems (1985) (NAS:FORTY) 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.
Formula Systems (1985)'s Days Inventory for the
three
months ended in Sep. 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.
Formula Systems (1985) Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Formula Systems (1985)'s Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Formula Systems (1985) (Formula Systems (1985)) Business Description
Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into three primary segments based on the subsidiary. The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, IT technology, and marketing and sales. Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel.
Formula Systems (1985) (Formula Systems (1985)) Headlines
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