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. Quality Industrial's Average Total Inventories for the quarter that ended in Jun. 2023 was $43.67 Mil. Quality Industrial's Revenue for the
three
months ended in Jun. 2023 was $21.60 Mil.
Quality Industrial's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 2.02.
Quality Industrial's Inventory-to-Revenue for the quarter that ended in Jun. 2023
declined
from Mar. 2023 (2.88) to Mar. 2023 (2.02)
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.
Quality Industrial's Days Inventory for the
three
months ended in Jun. 2023 was 291.66.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Quality Industrial's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.31.
Quality Industrial Inventory-to-Revenue Historical Data
The historical data trend for Quality Industrial'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 Quality Industrial's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Quality Industrial'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.
Quality Industrial's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Quality Industrial's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Quality Industrial's Inventory-to-Revenue falls into.
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.
Quality Industrial's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 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.
Quality Industrial's Days Inventory for the
three
months ended in Jun. 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.
Quality Industrial Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Quality Industrial's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Quality Industrial (Quality Industrial) Business Description
Quality Industrial Corp is engaged in the manufacture and assembly of industrial equipment and precision engineered technology for the Industrial, Oil & Gas, and Utility sectors.
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