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. IEC Electronics's Average Total Inventories for the quarter that ended in Jun. 2021 was $54.0 Mil. IEC Electronics's Revenue for the
three
months ended in Jun. 2021 was $49.4 Mil.
IEC Electronics's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 1.09.
IEC Electronics's Inventory-to-Revenue for the quarter that ended in Jun. 2021
declined
from Mar. 2021 (1.21) to Mar. 2021 (1.09)
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.
IEC Electronics's Days Inventory for the
three
months ended in Jun. 2021 was 111.63.
Inventory Turnover measures how fast the company turns over its inventory within a year.
IEC Electronics's Inventory Turnover for the quarter that ended in Jun. 2021 was 0.82.
IEC Electronics Inventory-to-Revenue Historical Data
The historical data trend for IEC Electronics'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 IEC Electronics's Inventory-to-Revenue
For the Electronic Components subindustry, IEC Electronics'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.
IEC Electronics's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, IEC Electronics's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where IEC Electronics's Inventory-to-Revenue falls into.
IEC Electronics 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.
IEC Electronics's Inventory-to-Revenue for the fiscal year that ended in Sep. 2020 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.
IEC Electronics's Days Inventory for the
three
months ended in Jun. 2021 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.
IEC Electronics Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of IEC Electronics's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
IEC Electronics (IEC Electronics) Business Description
IEC Electronics Corp operates in an electronics contract manufacturing services (EMS) industry. It provides electronic manufacturing services to advanced technology companies primarily in the medical, industrial, aerospace and defense sectors. Its offerings include on-site analytical testing laboratories, custom design, and test engineering services. The firm also offers a broad array of manufacturing services encompassing electronics, interconnect solutions and precision metalworking. The majority of its revenue is derived from the sale of electronic products.
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