What is Evolv Technologies 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. Evolv Technologies Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $10.26 Mil. Evolv Technologies Holdings's Revenue for the
three
months ended in Mar. 2024 was $21.67 Mil.
Evolv Technologies Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.
Evolv Technologies Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.40) to Dec. 2023 (0.47)
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.
Evolv Technologies Holdings's Days Inventory for the
three
months ended in Mar. 2024 was 94.58.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Evolv Technologies Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.96.
Evolv Technologies 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 Evolv Technologies Holdings's Inventory-to-Revenue
For the Security & Protection Services subindustry, Evolv Technologies 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.
Evolv Technologies Holdings's Inventory-to-Revenue Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Evolv Technologies Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Evolv Technologies 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.
Evolv Technologies Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 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.
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.
Evolv Technologies Holdings's Days Inventory for the
three
months ended in Mar. 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.
Evolv Technologies Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Evolv Technologies Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Evolv Technologies Holdings (Evolv Technologies Holdings) Business Description
Evolv Technologies Holdings Inc offers an AI-based touchless security screening. Its touchless security screening systems use artificial intelligence software, cloud services, and advanced sensors to reliably detect dangerous weapons while ignoring harmless items like cell phones, laptops, and keys. The firm operates in a single segment that develops, manufactures, markets, and sells security screening products and specific services. Its products are used in different industries such as casinos, industrial workplaces, schools, and ticketed venues.
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