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. Methode Electronics's Average Total Inventories for the quarter that ended in Jan. 2024 was $194 Mil. Methode Electronics's Revenue for the
three
months ended in Jan. 2024 was $260 Mil.
Methode Electronics's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.75.
Methode Electronics's Inventory-to-Revenue for the quarter that ended in Jan. 2024
increased
from Oct. 2023 (0.62) to Oct. 2023 (0.75)
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.
Methode Electronics's Days Inventory for the
three
months ended in Jan. 2024 was 79.54.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Methode Electronics's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.15.
Methode Electronics Inventory-to-Revenue Historical Data
The historical data trend for Methode 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 Methode Electronics's Inventory-to-Revenue
For the Electronic Components subindustry, Methode 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.
Methode Electronics's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Methode Electronics's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Methode Electronics's Inventory-to-Revenue falls into.
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.
Methode Electronics's Inventory-to-Revenue for the fiscal year that ended in Apr. 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.
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.
Methode Electronics's Days Inventory for the
three
months ended in Jan. 2024 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.
Methode Electronics Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Methode Electronics's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Methode Electronics (Methode Electronics) Business Description
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MEI has been successfully added to your 