What is Quanex Building Products 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. Quanex Building Products's Average Total Inventories for the quarter that ended in Jan. 2024 was $103 Mil. Quanex Building Products's Revenue for the
three
months ended in Jan. 2024 was $239 Mil.
Quanex Building Products's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.43.
Quanex Building Products's Inventory-to-Revenue for the quarter that ended in Jan. 2024
increased
from Oct. 2023 (0.34) to Oct. 2023 (0.43)
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.
Quanex Building Products's Days Inventory for the
three
months ended in Jan. 2024 was 49.93.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Quanex Building Products's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.83.
Quanex Building Products Inventory-to-Revenue Historical Data
The historical data trend for Quanex Building Products'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.
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Quanex Building Products Inventory-to-Revenue Chart
Competitive Comparison of Quanex Building Products's Inventory-to-Revenue
For the Building Products & Equipment subindustry, Quanex Building Products'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.
Quanex Building Products's Inventory-to-Revenue Distribution in the Construction Industry
For the Construction industry and Industrials sector, Quanex Building Products's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Quanex Building Products's Inventory-to-Revenue falls into.
Quanex Building Products 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.
Quanex Building Products's Inventory-to-Revenue for the fiscal year that ended in Oct. 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.
Quanex Building Products (NYSE:NX) 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.
Quanex Building Products'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.
Quanex Building Products Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Quanex Building Products's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Quanex Building Products (Quanex Building Products) Business Description
Quanex Building Products Corp is a manufacturer of components sold to original equipment manufacturers in the building products industry. It manufactures engineered products like window and door components that include flexible insulating glass spacers, extruded vinyl profiles, window and door screens, solar panel sealants and precision-formed metal and wood products among others. Its three operating segments are North American Fenestration being the key revenue driver, European Fenestration, and North American Cabinet Components. Geographically, it derives a majority of revenue from the United States.
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