Ranpak Holdings (Ranpak Holdings) Inventory-to-Revenue : 0.22 (As of Mar. 2024)

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What is Ranpak Holdings 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. Ranpak Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $18.3 Mil. Ranpak Holdings's Revenue for the three months ended in Mar. 2024 was $85.3 Mil. Ranpak Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.

Ranpak Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.20) to Dec. 2023 (0.22)

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. Ranpak Holdings's Days Inventory for the three months ended in Mar. 2024 was 31.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ranpak Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.90.

Ranpak Holdings Inventory-to-Revenue Historical Data

The historical data trend for Ranpak Holdings'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.

Ranpak Holdings Inventory-to-Revenue Chart

Ranpak Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.04

0.05

0.06

0.09

0.06

Ranpak Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															0.29	0.28	0.25	0.20	0.22

Competitive Comparison of Ranpak Holdings's Inventory-to-Revenue

For the Packaging & Containers subindustry, Ranpak Holdings'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.

Ranpak Holdings's Inventory-to-Revenue Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ranpak Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ranpak Holdings's Inventory-to-Revenue falls into.

Ranpak Holdings Inventory-to-Revenue Calculation

Ranpak Holdings'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 )
=	( (25	+	17.3)	/	2 )	/	336.3
=	21.15					/	336.3
=	0.06

Ranpak Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (17.3	+	19.3)	/	2 )	/	85.3
=	18.3					/	85.3
=	0.21

Ranpak Holdings (NYSE:PACK) 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.

Ranpak Holdings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	18.3	/	53	*	365 / 4
	=	31.51

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

Ranpak Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	53	/	18.3
	=	2.90

Ranpak Holdings Inventory-to-Revenue Related Terms

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Ranpak Holdings (Ranpak Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ranpak Holdings Corp (NYSE:PACK) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

0ZA:Germany

Address

7990 Auburn Road, Concord Township, OH, USA, 44077

Website

https://www.ranpak.com

Ranpak Holdings Corp is a provider of environmentally sustainable, systems-based, product protection solutions for e-Commerce and industrial supply chains. The company offers a full suite of protective packaging systems and paper consumables. Geographically, it derives a majority of revenue from Europe/Asia.

Executives

Mark A. Siebert	officer: MD, North America	7990 AUBURN ROAD, CONCORD TOWNSHIP OH 44077
Alicia M. Tranen	director	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Eric Laurensse	officer: Managing Director, Europe	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Antonio Grassotti	officer: Managing Director, APAC	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Kurt Zumwalt	director	201 ELLIOTT AVENUE WEST, SEATTLE WA 98119
Salil Seshadri	director	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Omar Asali	director, officer: Chairman and CEO	GOLDMAN SACHS HEDGE FUND STRATEGIES LLC, 32 OLD SLIP, 9TH FLOOR, NEW YORK NY 10005
William Drew	officer: Secretary	3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Michael Anthony Jones	director	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Pamela K. El	director	C/O RANPAK HOLDINGS CORP., 7990 AUBURN ROAD, CONCORD TOWNSHIP OH 44077
Thomas F. Corley	director	C/O KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Steve A. Kovach	director	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Js Capital Management Llc	10 percent owner	888 SEVENTH AVENUE, 40TH FLOOR, NEW YORK NY 10106
Soros Jonathan T Allan	10 percent owner	C/O JS CAPITAL MANAGEMENT LLC, 888 SEVENTH AVENUE, FLOOR 40, NEW YORK NY 10106
Trent Meyerhoefer	officer: Chief Financial Officer	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016