What is NCS Multistage Holdings 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. NCS Multistage Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $40.4 Mil. NCS Multistage Holdings's Revenue for the
three
months ended in Mar. 2024 was $43.9 Mil.
NCS Multistage Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.92.
NCS Multistage Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (1.19) to Dec. 2023 (0.92)
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.
NCS Multistage Holdings's Days Inventory for the
three
months ended in Mar. 2024 was 134.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
NCS Multistage Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.68.
NCS Multistage Holdings Inventory-to-Revenue Historical Data
The historical data trend for NCS Multistage Holdings'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 NCS Multistage Holdings's Inventory-to-Revenue
For the Oil & Gas Equipment & Services subindustry, NCS Multistage Holdings'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.
NCS Multistage Holdings's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NCS Multistage Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where NCS Multistage Holdings'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.
NCS Multistage Holdings's Inventory-to-Revenue for the fiscal year 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.
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.
NCS Multistage Holdings's Days Inventory for the
three
months ended in Mar. 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.
NCS Multistage Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of NCS Multistage Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
NCS Multistage Holdings (NCS Multistage Holdings) Business Description
NCS Multistage Holdings Inc provides products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. NCS provides its products and services primarily to exploration and production companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations. The company's primary offering is its fracturing systems products and services, which enable efficient pinpoint stimulation: the process of individually stimulating each entry point into a formation targeted by an oil or natural gas well. Geographically, majority of revenue is generated from United States.
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