Inspiration Healthcare Group (LSE:IHC) Inventory-to-Revenue : 0.50 (As of Jul. 2023)

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What is Inspiration Healthcare 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. Inspiration Healthcare Group's Average Total Inventories for the quarter that ended in Jul. 2023 was £10.21 Mil. Inspiration Healthcare Group's Revenue for the six months ended in Jul. 2023 was £20.37 Mil. Inspiration Healthcare Group's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.50.

Inspiration Healthcare Group's Inventory-to-Revenue for the quarter that ended in Jul. 2023 increased from Jan. 2023 (0.45) to Jan. 2023 (0.50)

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. Inspiration Healthcare Group's Days Inventory for the six months ended in Jul. 2023 was 178.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inspiration Healthcare Group's Inventory Turnover for the quarter that ended in Jul. 2023 was 1.03.

Inspiration Healthcare Group Inventory-to-Revenue Historical Data

The historical data trend for Inspiration Healthcare 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.

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Inspiration Healthcare Group Inventory-to-Revenue Chart

Inspiration Healthcare Group Annual Data

Trend

Dec14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Inventory-to-Revenue

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0.04

0.11

0.15

0.18

0.20

Inspiration Healthcare Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.36	0.33	0.37	0.45	0.50

Competitive Comparison of Inspiration Healthcare Group's Inventory-to-Revenue

For the Medical Devices subindustry, Inspiration Healthcare 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.

Inspiration Healthcare Group's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inspiration Healthcare Group's Inventory-to-Revenue distribution charts can be found below:

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

Inspiration Healthcare Group Inventory-to-Revenue Calculation

Inspiration Healthcare Group's Inventory-to-Revenue for the fiscal year that ended in Jan. 2023 is calculated as

	Inventory-to-Revenue (A: Jan. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Jan. 2022 )	+	Total Inventories (A: Jan. 2023 ))	/	count )	/	Revenue (A: Jan. 2023 )
=	( (6.449	+	9.935)	/	2 )	/	41.233
=	8.192					/	41.233
=	0.20

Inspiration Healthcare Group's Inventory-to-Revenue for the quarter that ended in Jul. 2023 is calculated as

	Inventory-to-Revenue (Q: Jul. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jan. 2023 )	+	Total Inventories (Q: Jul. 2023 ))	/	count )	/	Revenue (Q: Jul. 2023 )
=	( (9.935	+	10.493)	/	2 )	/	20.37
=	10.214					/	20.37
=	0.50

Inspiration Healthcare Group (LSE:IHC) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Inspiration Healthcare Group's Days Inventory for the six months ended in Jul. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2023 )	/	Cost of Goods Sold (Q: Jul. 2023 )	*	Days in Period
	=	10.214	/	10.472	*	365 / 2
	=	178.00

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

Inspiration Healthcare Group's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jul. 2023 )	/	Average Total Inventories (Q: Jul. 2023 )
	=	10.472	/	10.214
	=	1.03

Inspiration Healthcare Group Inventory-to-Revenue Related Terms

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Inspiration Healthcare Group (LSE:IHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inspiration Healthcare Group PLC (LSE:IHC) » Definitions » Inventory-to-Revenue

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Traded in Other Exchanges

N/A

Address

Unit 7/8 Commerce Park, Commerce Way, Croydon, GBR, CR0 4YL

Website

https://www.inspirationhealthcaregroup.com

Inspiration Healthcare Group PLC supplies outcome-improving medical devices in the areas of neonatal intensive care and patient warming. It operates in the Critical Care Medical Devices segment which includes Critical Care, Operating Theatre, and Home Healthcare. The company derives the maximum of its revenue from the United Kingdom through the Critical Care market division.