GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Usinas Siderurgicas de Minas Gerais SA (BSP:USIM3) » Definitions » Inventory-to-Revenue

Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Inventory-to-Revenue : 1.17 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Usinas Siderurgicas de Minas Gerais 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. Usinas Siderurgicas de Minas Gerais's Average Total Inventories for the quarter that ended in Mar. 2024 was R$7,263 Mil. Usinas Siderurgicas de Minas Gerais's Revenue for the three months ended in Mar. 2024 was R$6,223 Mil. Usinas Siderurgicas de Minas Gerais's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.17.

Usinas Siderurgicas de Minas Gerais's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.20) to Dec. 2023 (1.17)

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. Usinas Siderurgicas de Minas Gerais's Days Inventory for the three months ended in Mar. 2024 was 113.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Usinas Siderurgicas de Minas Gerais's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.80.


Usinas Siderurgicas de Minas Gerais Inventory-to-Revenue Historical Data

The historical data trend for Usinas Siderurgicas de Minas Gerais'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.

Usinas Siderurgicas de Minas Gerais Inventory-to-Revenue Chart

Usinas Siderurgicas de Minas Gerais Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.24 0.17 0.27 0.32

Usinas Siderurgicas de Minas Gerais 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 1.37 1.42 1.37 1.20 1.17

Competitive Comparison of Usinas Siderurgicas de Minas Gerais's Inventory-to-Revenue

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais'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.


Usinas Siderurgicas de Minas Gerais's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Inventory-to-Revenue falls into.



Usinas Siderurgicas de Minas Gerais 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.

Usinas Siderurgicas de Minas Gerais'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 )
=( (9965.172 + 7492.964) / 2 ) / 27638.348
=8729.068 / 27638.348
=0.32

Usinas Siderurgicas de Minas Gerais'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 )
=( (7492.964 + 7033.693) / 2 ) / 6222.819
=7263.3285 / 6222.819
=1.17

* 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.


Usinas Siderurgicas de Minas Gerais  (BSP:USIM3) 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.

Usinas Siderurgicas de Minas Gerais'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
=7263.3285/5823.865*365 / 4
=113.80

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

Usinas Siderurgicas de Minas Gerais'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 )
=5823.865 / 7263.3285
=0.80

* 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.


Usinas Siderurgicas de Minas Gerais Inventory-to-Revenue Related Terms

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


Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Business Description

Address
Rua Professor Jose Vieira de Mendonca, 3.011 - Engenho Nogueira, Belo Horizonte, MG, BRA, 31310-260
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company that is primarily engaged in the production and distribution of flat steel products. The company's product portfolio consists of ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled products, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the three biggest export destination markets for the company.

Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Headlines

No Headlines