GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Epiroc AB (OTCPK:EPOKY) » Definitions » Inventory-to-Revenue

Epiroc AB (Epiroc AB) Inventory-to-Revenue : 1.40 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Epiroc AB 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. Epiroc AB's Average Total Inventories for the quarter that ended in Mar. 2024 was $1,903 Mil. Epiroc AB's Revenue for the three months ended in Mar. 2024 was $1,358 Mil. Epiroc AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.40.

Epiroc AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.20) to Dec. 2023 (1.40)

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. Epiroc AB's Days Inventory for the three months ended in Mar. 2024 was 201.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Epiroc AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.45.


Epiroc AB Inventory-to-Revenue Historical Data

The historical data trend for Epiroc AB'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.

Epiroc AB Inventory-to-Revenue Chart

Epiroc AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.26 0.25 0.27 0.31 0.29

Epiroc AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.30 1.25 1.36 1.20 1.40

Competitive Comparison of Epiroc AB's Inventory-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, Epiroc AB'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.


Epiroc AB's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Epiroc AB's Inventory-to-Revenue distribution charts can be found below:

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



Epiroc AB 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.

Epiroc AB's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (1632.781 + 1827.62) / 2 ) / 5882.76
=1730.2005 / 5882.76
=0.29

Epiroc AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (1827.62 + 1977.851) / 2 ) / 1358.428
=1902.7355 / 1358.428
=1.40

* 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.


Epiroc AB  (OTCPK:EPOKY) 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.

Epiroc AB's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1902.7355/860.7*365 / 4
=201.72

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

Epiroc AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=860.7 / 1902.7355
=0.45

* 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.


Epiroc AB Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Epiroc AB's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Epiroc AB (Epiroc AB) Business Description

Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-131 54
Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on the Nasdaq Stockholm in June 2018.

Epiroc AB (Epiroc AB) Headlines

From GuruFocus

Epiroc AB's Dividend Analysis

By GuruFocus Research 10-23-2023