GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Regal Rexnord Corp (NYSE:RRX) » Definitions » Inventory-to-Revenue

Regal Rexnord (Regal Rexnord) Inventory-to-Revenue : 0.84 (As of Mar. 2024)


View and export this data going back to 1983. Start your Free Trial

What is Regal Rexnord 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. Regal Rexnord's Average Total Inventories for the quarter that ended in Mar. 2024 was $1,297 Mil. Regal Rexnord's Revenue for the three months ended in Mar. 2024 was $1,548 Mil. Regal Rexnord's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.84.

Regal Rexnord's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.80) to Dec. 2023 (0.84)

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. Regal Rexnord's Days Inventory for the three months ended in Mar. 2024 was 118.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Regal Rexnord's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.77.


Regal Rexnord Inventory-to-Revenue Historical Data

The historical data trend for Regal Rexnord'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.

Regal Rexnord Inventory-to-Revenue Chart

Regal Rexnord Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.24 0.25 0.24 0.21

Regal Rexnord 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 0.94 0.87 0.80 0.84

Competitive Comparison of Regal Rexnord's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Regal Rexnord'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.


Regal Rexnord's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Regal Rexnord's Inventory-to-Revenue distribution charts can be found below:

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



Regal Rexnord 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.

Regal Rexnord'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 )
=( (1336.9 + 1274.2) / 2 ) / 6250.7
=1305.55 / 6250.7
=0.21

Regal Rexnord'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 )
=( (1274.2 + 1319.1) / 2 ) / 1547.7
=1296.65 / 1547.7
=0.84

* 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.


Regal Rexnord  (NYSE:RRX) 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.

Regal Rexnord'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
=1296.65/994.6*365 / 4
=118.96

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

Regal Rexnord'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 )
=994.6 / 1296.65
=0.77

* 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.


Regal Rexnord Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Regal Rexnord's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Regal Rexnord (Regal Rexnord) Business Description

Traded in Other Exchanges
Address
200 State Street, Beloit, WI, USA, 53511
Regal Rexnord Corp is in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products and specialty electrical components and systems, serving customers around the world. The four operating segments include Commercial Systems, Industrial Systems, Climate Solutions and Motion Control Solutions.
Executives
Theodore D Crandall director C/O ROCKWELL AUTOMATION INC, 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Timothy A. Dickson officer: SVP & Chief Digi & Info Ofc* 111 WEST MICHIGAN STREET, MILWAUKEE WI 53203
John Avampato officer: VP & Chief Information Officer 200 STATE STREET, BELOIT WI 53511
Brooke Lang officer: EVP and President, PES* 2090 BLAIRMONT DR, PITTSBURGH PA 15241
Michael P Doss director 814 LIVINGSTON COURT, MARIETTA GA 30067
Alexander P Scarpelli officer: VP, Corp. Controller and CAO* 200 STATE STREET, BELOIT WI 53511
John C Kunze officer: Segment President* 200 STATE STREET, BELOIT WI 53511
Curtis W Stoelting director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Christopher L Doerr director
Kevin J Zaba officer: President, Motion Control Sol. C/O REXNORD CORPORATION, P.O. BOX 2022, MILWAUKEE WI 53201
Daniel J Klun officer: VP, Corporate Controller 200 STATE STREET, BELOIT WI 53511
Robin A Walker-lee director C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150
Scott Douglas Brown officer: Segment President* 200 STATE STREET, BELOIT WI 53511
Dean A Foate director
Eric S Mcginnis officer: Segment President* 200 STATE STREET, BELOIT WI 53511