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. Airthings ASA's Average Total Inventories for the quarter that ended in Mar. 2024 was kr155.9 Mil. Airthings ASA's Revenue for the
three
months ended in Mar. 2024 was kr100.9 Mil.
Airthings ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.55.
Airthings ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (1.52) to Dec. 2023 (1.55)
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.
Airthings ASA's Days Inventory for the
three
months ended in Mar. 2024 was 357.03.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Airthings ASA's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.26.
Airthings ASA Inventory-to-Revenue Historical Data
The historical data trend for Airthings ASA'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 Airthings ASA's Inventory-to-Revenue
For the Electrical Equipment & Parts subindustry, Airthings ASA'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.
Airthings ASA's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Airthings ASA's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Airthings ASA's Inventory-to-Revenue falls into.
Airthings ASA 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.
Airthings ASA'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.
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.
Airthings ASA'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.
Airthings ASA Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Airthings ASA's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Airthings ASA is a hardware-enabled software company that develops products and systems for monitoring indoor air quality, radon, and energy efficiency. The company's solutions resolve issues related to air quality and air containment and enable a reduced CO2 footprint by optimizing energy consumption for buildings. It is engaged in three business segments which include Airthings for Consumer (Consumer), Airthings for Business (AfB), and Airthings for Professionals (Pro). The majority of the revenue comes from the Airthings for Consumer segment, which uses software solutions to monitor air quality and create and maintain a healthy living environment.
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