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Webco Industries (Webco Industries) Inventory-to-Revenue : 0.28 (As of Jul. 2023)


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What is Webco Industries 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. Webco Industries's Average Total Inventories for the quarter that ended in Jul. 2023 was $189.4 Mil. Webco Industries's Revenue for the six months ended in Jul. 2023 was $686.9 Mil. Webco Industries's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.28.

Webco Industries's Inventory-to-Revenue for the quarter that ended in Jul. 2023 declined from Jul. 2018 (0.30) to Jul. 2018 (0.28)

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. Webco Industries's Days Inventory for the six months ended in Jul. 2023 was 57.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Webco Industries's Inventory Turnover for the quarter that ended in Jul. 2023 was 3.15.


Webco Industries Inventory-to-Revenue Historical Data

The historical data trend for Webco Industries'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.

Webco Industries Inventory-to-Revenue Chart

Webco Industries Annual Data
Trend Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.38 0.31 0.30 0.28

Webco Industries Semi-Annual Data
Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
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 0.35 0.38 0.31 0.30 0.28

Competitive Comparison of Webco Industries's Inventory-to-Revenue

For the Steel subindustry, Webco Industries'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.


Webco Industries's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Webco Industries's Inventory-to-Revenue distribution charts can be found below:

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



Webco Industries 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.

Webco Industries's Inventory-to-Revenue for the fiscal year that ended in Jul. 2023 is calculated as

Inventory-to-Revenue (A: Jul. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jul. 2018 ) + Total Inventories (A: Jul. 2023 )) / count ) / Revenue (A: Jul. 2023 )
=( (170.892 + 207.976) / 2 ) / 686.916
=189.434 / 686.916
=0.28

Webco Industries's Inventory-to-Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue (Q: Jul. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jul. 2018 ) + Total Inventories (Q: Jul. 2023 )) / count ) / Revenue (Q: Jul. 2023 )
=( (170.892 + 207.976) / 2 ) / 686.916
=189.434 / 686.916
=0.28

* 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.


Webco Industries  (OTCPK:WEBC) 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.

Webco Industries's Days Inventory for the six months ended in Jul. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2023 )/Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=189.434/597.544*365 / 2
=57.86

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

Webco Industries's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2023 ) / Average Total Inventories (Q: Jul. 2023 )
=597.544 / 189.434
=3.15

* 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.


Webco Industries Inventory-to-Revenue Related Terms

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Webco Industries (Webco Industries) Business Description

Traded in Other Exchanges
N/A
Address
9101 West 21st Street S, P.O. Box 100, Sand Springs, OK, USA, 74063
Webco Industries Inc is a specialty manufacturer of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products include Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.
Executives
Dana Suzette Weber director, 10 percent owner, officer: Pres and COO
F William Weber director, 10 percent owner, officer: Chmn and CEO
Bradley Scott Vetal director 10701 E UTE STREET, TULSA OK 74116
Jack D Mccarthy director
David Edward Boyer officer: Sr VP - Tubing Oper and Secy
Michael Paul Howard officer: Sr VP - Fin and Adm / CFO
Kenneth Eugene Case director
Christopher Lee Kowalski director, officer: Pres of 100% owned sub

Webco Industries (Webco Industries) Headlines