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. PARTS iD's Average Total Inventories for the quarter that ended in Sep. 2023 was $1.3 Mil. PARTS iD's Revenue for the
three
months ended in Sep. 2023 was $15.7 Mil.
PARTS iD's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.08.
PARTS iD's Inventory-to-Revenue for the quarter that ended in Sep. 2023
declined
from Jun. 2023 (0.09) to Jun. 2023 (0.08)
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.
PARTS iD's Days Inventory for the
three
months ended in Sep. 2023 was 10.40.
Inventory Turnover measures how fast the company turns over its inventory within a year.
PARTS iD's Inventory Turnover for the quarter that ended in Sep. 2023 was 8.78.
PARTS iD Inventory-to-Revenue Historical Data
The historical data trend for PARTS iD'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.
Competitive Comparison of PARTS iD's Inventory-to-Revenue
For the Auto Parts subindustry, PARTS iD'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.
PARTS iD's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, PARTS iD's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where PARTS iD's Inventory-to-Revenue falls into.
PARTS iD 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.
PARTS iD'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.
PARTS iD (OTCPK:IDICQ) 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.
PARTS iD's Days Inventory for the
three
months ended in Sep. 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.
PARTS iD Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of PARTS iD's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
PARTS iD Inc is a technology-driven, digital commerce company focused on online retailer of automotive parts, components, and accessories. The product portfolio includes interior products, exterior products, wheels, body parts, audio & electronics, automotive tools, and other related products. The Company provides its product vendors with access to its customer base and e-commerce market.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
IDICQ has been successfully added to your 