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Johnson Controls International (Johnson Controls International) Inventory-to-Revenue : 0.47 (As of Dec. 2023)


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What is Johnson Controls International 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. Johnson Controls International's Average Total Inventories for the quarter that ended in Dec. 2023 was $2,891 Mil. Johnson Controls International's Revenue for the three months ended in Dec. 2023 was $6,094 Mil. Johnson Controls International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.47.

Johnson Controls International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.43) to Sep. 2023 (0.47)

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. Johnson Controls International's Days Inventory for the three months ended in Dec. 2023 was 64.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Johnson Controls International's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.42.


Johnson Controls International Inventory-to-Revenue Historical Data

The historical data trend for Johnson Controls International'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.

Johnson Controls International Inventory-to-Revenue Chart

Johnson Controls International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.08 0.09 0.10

Johnson Controls International 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 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 0.45 0.44 0.43 0.43 0.47

Competitive Comparison of Johnson Controls International's Inventory-to-Revenue

For the Building Products & Equipment subindustry, Johnson Controls International'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.


Johnson Controls International's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Johnson Controls International's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Johnson Controls International's Inventory-to-Revenue falls into.



Johnson Controls International 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.

Johnson Controls International's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (A: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )
=( (2510 + 2776) / 2 ) / 26793
=2643 / 26793
=0.10

Johnson Controls International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (2776 + 3006) / 2 ) / 6094
=2891 / 6094
=0.47

* 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.


Johnson Controls International  (NYSE:JCI) 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.

Johnson Controls International's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=2891/4102*365 / 4
=64.31

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

Johnson Controls International's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=4102 / 2891
=1.42

* 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.


Johnson Controls International Inventory-to-Revenue Related Terms

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Johnson Controls International (Johnson Controls International) Business Description

Traded in Other Exchanges
Address
One Albert Quay, Cork, IRL, T12 X8N6
Johnson Controls manufactures, installs, and services HVAC systems, building management systems and controls, industrial refrigeration systems, and fire and security solutions. Commercial HVAC accounts for over 45% of sales, fire and security represents roughly 40% of sales, and residential HVAC, industrial refrigeration, and other solutions account for the remaining 15% of revenue. In fiscal 2023, Johnson Controls generated nearly $27 billion in revenue.
Executives
Marc Vandiepenbeeck officer: VP & Pres, EMEALA 5757 N GREEN BAY AVE, MILWAUKEE WI 53209
George Oliver officer: Pres. Tyco Safety Products 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Nathan D Manning officer: VP & Pres, North America 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
John Donofrio officer: Exec VP & General Counsel ONE VILLAGE CENTER ROAD, VAN BUREN TOWNSHIP MI 48111
Olivier Leonetti officer: EVP and CFO-Elect 5757 N. GREEN BAY AVENUE, P.O. BOX 591, MILWAUKEE WI 53201
Heuer Brandt Julie M officer: VP, President BSNA 5757 N. GREENBAY AVENUE, MILWAUKEE WI 53209
Ayesha Khanna director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Daniel C Mcconeghy officer: VP Chief Accounting & Tax Ofcr 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Michael J Ellis officer: EVP Chief Digital Officer 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Lei Zhang Schlitz officer: VP & Pres, Global Products 5757 N. GREENBAY AVENUE, GLENDALE WI 53129
Tomas Brannemo officer: VP & President, BTS EMEALA JOHNSON CONTROLS, 5757 N. GREEN BAY AVENUE, GLENDALE WI 53209
Rodney Clark officer: Chief Commercial Officer 129 CONCORD ROAD, BILLERICA MA 01821
Anuruddha Rathninde officer: VP and President, APAC 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Robert M Vanhimbergen officer: VP Corporate Controller ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Visal Leng officer: VP & Pres, APAC B.Solutions 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209