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. Kornit Digital's Average Total Inventories for the quarter that ended in Mar. 2024 was $67.4 Mil. Kornit Digital's Revenue for the
three
months ended in Mar. 2024 was $43.8 Mil.
Kornit Digital's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.54.
Kornit Digital's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (1.33) to Dec. 2023 (1.54)
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.
Kornit Digital's Days Inventory for the
three
months ended in Mar. 2024 was 207.41.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kornit Digital's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.44.
Kornit Digital Inventory-to-Revenue Historical Data
The historical data trend for Kornit Digital'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 Kornit Digital's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Kornit Digital'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.
Kornit Digital's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kornit Digital's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Kornit Digital's Inventory-to-Revenue falls into.
Kornit Digital 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.
Kornit Digital'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.
Kornit Digital (NAS:KRNT) 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.
Kornit Digital'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.
Kornit Digital Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Kornit Digital's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Kornit Digital (Kornit Digital) Business Description
Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
KRNT has been successfully added to your 