What is Aerojet Rocketdyne 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. Aerojet Rocketdyne Holdings's Average Total Inventories for the quarter that ended in Mar. 2023 was $17 Mil. Aerojet Rocketdyne Holdings's Revenue for the
three
months ended in Mar. 2023 was $566 Mil.
Aerojet Rocketdyne Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.03.
Aerojet Rocketdyne Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2023
increased
from Dec. 2022 (0.02) to Dec. 2022 (0.03)
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.
Aerojet Rocketdyne Holdings's Days Inventory for the
three
months ended in Mar. 2023 was 3.18.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Aerojet Rocketdyne Holdings's Inventory Turnover for the quarter that ended in Mar. 2023 was 28.72.
Aerojet Rocketdyne Holdings Inventory-to-Revenue Historical Data
* 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 Aerojet Rocketdyne Holdings's Inventory-to-Revenue
For the Aerospace & Defense subindustry, Aerojet Rocketdyne 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.
Aerojet Rocketdyne Holdings's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Aerojet Rocketdyne Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Aerojet Rocketdyne 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.
Aerojet Rocketdyne Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 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.
Aerojet Rocketdyne Holdings's Days Inventory for the
three
months ended in Mar. 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.
Aerojet Rocketdyne Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Aerojet Rocketdyne Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Aerojet Rocketdyne Holdings (Aerojet Rocketdyne Holdings) Business Description
Aerojet Rocketdyne Holdings Inc manufactures aerospace and defense products and systems. It produces driving and launch systems for defense and space applications, weapons, and weapons systems for tactical missions. The systems can provide directional control for rockets, satellites, missiles, and other technical products. It operates in two segments: aerospace and defense, and real estate. The company manufactures its aerospace and defense products for the U.S. government, the National Aeronautics and Space Administration, aerospace and defense prime contractors, and portions of the commercial sector. The real estate segment focuses on rezoning, entitlement, sale, and leasing of real estate assets. The company's excess real estate is primarily located in California.
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