Ituran Location and Control (Ituran Location and Control) Inventory-to-Revenue

Ituran Location and Control Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Inventory-to-Revenue							0.10	0.10	0.09	0.10	0.09

Ituran Location and Control Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue																0.41	0.36	0.34	0.33	0.34

For the Communication Equipment subindustry, Ituran Location and Control'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.

For the Hardware industry and Technology sector, Ituran Location and Control's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ituran Location and Control's Inventory-to-Revenue falls into.

Ituran Location and Control 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.

Ituran Location and Control's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Ituran Location and Control's Inventory-to-Revenue for the quarter that ended in Dec. 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.

Ituran Location and Control  (NAS:ITRN) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Ituran Location and Control's Days Inventory for the three months ended in Dec. 2023 is calculated as:

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

Ituran Location and Control's Inventory Turnover for the quarter that ended in Dec. 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.

Ituran Location and Control Inventory-to-Revenue Related Terms

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Ituran Location and Control (Ituran Location and Control) Business Description