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Companhia Siderurgica Nacional (FRA:CQWA) Inventory-to-Revenue : 0.79 (As of Dec. 2023)


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What is Companhia Siderurgica Nacional 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. Companhia Siderurgica Nacional's Average Total Inventories for the quarter that ended in Dec. 2023 was €1,775 Mil. Companhia Siderurgica Nacional's Revenue for the three months ended in Dec. 2023 was €2,247 Mil. Companhia Siderurgica Nacional's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.79.

Companhia Siderurgica Nacional's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.85) to Sep. 2023 (0.79)

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. Companhia Siderurgica Nacional's Days Inventory for the three months ended in Dec. 2023 was 103.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Companhia Siderurgica Nacional's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.88.


Companhia Siderurgica Nacional Inventory-to-Revenue Historical Data

The historical data trend for Companhia Siderurgica Nacional'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.

Companhia Siderurgica Nacional Inventory-to-Revenue Chart

Companhia Siderurgica Nacional 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 0.21 0.20 0.17 0.24 0.23

Companhia Siderurgica Nacional Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.01 0.95 0.87 0.85 0.79

Competitive Comparison of Companhia Siderurgica Nacional's Inventory-to-Revenue

For the Steel subindustry, Companhia Siderurgica Nacional'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.


Companhia Siderurgica Nacional's Inventory-to-Revenue Distribution in the Steel Industry

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

* The bar in red indicates where Companhia Siderurgica Nacional's Inventory-to-Revenue falls into.



Companhia Siderurgica Nacional 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.

Companhia Siderurgica Nacional'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 )
=( (2031.691 + 1788.705) / 2 ) / 8503.735
=1910.198 / 8503.735
=0.22

Companhia Siderurgica Nacional's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (1761.25 + 1788.705) / 2 ) / 2246.764
=1774.9775 / 2246.764
=0.79

* 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.


Companhia Siderurgica Nacional  (FRA:CQWA) 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.

Companhia Siderurgica Nacional's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=1774.9775/1560.148*365 / 4
=103.81

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

Companhia Siderurgica Nacional's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1560.148 / 1774.9775
=0.88

* 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.


Companhia Siderurgica Nacional Inventory-to-Revenue Related Terms

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Companhia Siderurgica Nacional (FRA:CQWA) Business Description

Traded in Other Exchanges
Address
Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Sao Paulo, SP, BRA, 04538-132
Companhia Siderurgica Nacional is an integrated steel producer. The company operate throughout the entire steel production chain, from the mining of iron ore to the production and sale of a diversified range of steel products. It operates in five segments namely, Steel, Mining, Logistics, Energy, and Cement. It generates maximum revenue from the steel segment. Geographically, it derives a majority of revenue from Asia.

Companhia Siderurgica Nacional (FRA:CQWA) Headlines

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