Kimball International (Kimball International) Inventory-to-Revenue : 0.59 (As of Mar. 2023)

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What is Kimball 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. Kimball International's Average Total Inventories for the quarter that ended in Mar. 2023 was $97.2 Mil. Kimball International's Revenue for the three months ended in Mar. 2023 was $166.2 Mil. Kimball International's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.59.

Kimball International's Inventory-to-Revenue for the quarter that ended in Mar. 2023 increased from Dec. 2022 (0.58) to Dec. 2022 (0.59)

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. Kimball International's Days Inventory for the three months ended in Mar. 2023 was 85.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kimball International's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.07.

Kimball International Inventory-to-Revenue Historical Data

The historical data trend for Kimball 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.

Kimball International Inventory-to-Revenue Chart

Kimball International Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Inventory-to-Revenue

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0.06

0.07

0.09

0.11

Kimball International Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.43	0.51	0.57	0.58	0.59

Competitive Comparison of Kimball International's Inventory-to-Revenue

For the Furnishings, Fixtures & Appliances subindustry, Kimball 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.

Kimball International's Inventory-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kimball International's Inventory-to-Revenue distribution charts can be found below:

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

Kimball International Inventory-to-Revenue Calculation

Kimball International's Inventory-to-Revenue for the fiscal year that ended in Jun. 2022 is calculated as

	Inventory-to-Revenue (A: Jun. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Jun. 2021 )	+	Total Inventories (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )
=	( (54.291	+	97.969)	/	2 )	/	665.877
=	76.13					/	665.877
=	0.11

Kimball International's Inventory-to-Revenue for the quarter that ended in Mar. 2023 is calculated as

	Inventory-to-Revenue (Q: Mar. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Revenue (Q: Mar. 2023 )
=	( (104.812	+	89.633)	/	2 )	/	166.184
=	97.2225					/	166.184
=	0.59

Kimball International (NAS:KBAL) 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:

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.

Kimball International's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	97.2225	/	103.705	*	365 / 4
	=	85.55

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

Kimball International's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2023 )	/	Average Total Inventories (Q: Mar. 2023 )
	=	103.705	/	97.2225
	=	1.07

Kimball International Inventory-to-Revenue Related Terms

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Kimball International (Kimball International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Kimball International Inc (NAS:KBAL) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1600 Royal Street, Jasper, IN, USA, 47546-2256

Website

https://www.kimballinternational.com

Kimball International Inc operates in the omnichannel commercial furnishing business. The company specializes in making furniture for the workplace, health, and hospitality markets. The workplace market area includes commercial, education, government, and financial segments and eBusiness. The company's furniture brand portfolio comprises Kimball, National, Interwoven, Kimball Hospitality, D'style, and Poppin.

Executives

Christopher M Robison	officer: INTERIM PRESIDENT POPPIN	C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Willi Candra	officer: Chief Digital & Info Officer	C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Timothy J Wolfe	officer: EVP & CFO	1600 ROYAL STREET, JASPER IN 47546
Michael J. Roch	officer: EVP, CCO, Workplace and Health	C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Kourtney L Smith	officer: EVP	1600 ROYAL STREET, JASPER IN 47549
Darren S Gress	other: CORPORATE CONTROLLER	1600 ROYAL STREET, JASPER IN 47549
Valerie R Love	director	1600 ROYAL STREET, JASPER IN 47546
Timothy J Jahnke	director	115 ANSLEY WAY, ROSWELL GA 30075
Susan B Frampton	director	1600 ROYAL ST, JASPER IN 47549
Scott M Settersten	director	1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
Geoffrey L Stringer	director	1600 ROYAL ST, JASPER IN 47549
Patrick E Connolly	director	1600 ROYAL ST, JASPER IN 47549
Kimberly K Ryan	director	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Thomas J Tischhauser	director	1600 ROYAL STREET, JASPER IN 47549
Michelle Rene Schroeder	officer: EVP, CHIEF FINANCIAL OFFICER	1600 ROYAL STREET, JASPER IN 47549