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CT Automotive Group (LSE:CTA) Inventory-to-Revenue : 0.34 (As of Dec. 2023)


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What is CT Automotive Group 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. CT Automotive Group's Average Total Inventories for the quarter that ended in Dec. 2023 was £20.3 Mil. CT Automotive Group's Revenue for the six months ended in Dec. 2023 was £59.1 Mil. CT Automotive Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.34.

CT Automotive Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.39) to Jun. 2023 (0.34)

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. CT Automotive Group's Days Inventory for the six months ended in Dec. 2023 was 75.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. CT Automotive Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.41.


CT Automotive Group Inventory-to-Revenue Historical Data

The historical data trend for CT Automotive Group'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.

CT Automotive Group Inventory-to-Revenue Chart

CT Automotive Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.28 0.33 0.26 0.23 0.19

CT Automotive Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.68 0.51 0.39 0.34

Competitive Comparison of CT Automotive Group's Inventory-to-Revenue

For the Auto Parts subindustry, CT Automotive Group'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.


CT Automotive Group's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CT Automotive Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where CT Automotive Group's Inventory-to-Revenue falls into.



CT Automotive Group 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.

CT Automotive Group'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 )
=( (22.448 + 20.538) / 2 ) / 112.949
=21.493 / 112.949
=0.19

CT Automotive Group'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (20.01 + 20.538) / 2 ) / 59.109
=20.274 / 59.109
=0.34

* 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.


CT Automotive Group  (LSE:CTA) 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.

CT Automotive Group's Days Inventory for the six 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
=20.274/48.83*365 / 2
=75.77

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

CT Automotive Group'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 )
=48.83 / 20.274
=2.41

* 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.


CT Automotive Group Inventory-to-Revenue Related Terms

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CT Automotive Group (LSE:CTA) Business Description

Traded in Other Exchanges
Address
1000 Lakeside North Harbour, Western Road, Portsmouth, Hampshire, GBR, PO6 3EN
CT Automotive Group PLC designs develops and supplies interior components for the automotive industry. Customers include a few original equipment manufacturers and Tier One suppliers to OEMs. The group has an international manufacturing footprint with the majority of the production across three sites in China with additional sites in the UK, Czech Republic, and Turkey, as well as an engineering design office in India.

CT Automotive Group (LSE:CTA) Headlines