What is Steel Partners Holdings LP 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. Steel Partners Holdings LP's Average Total Inventories for the quarter that ended in Mar. 2024 was $204 Mil. Steel Partners Holdings LP's Revenue for the
three
months ended in Mar. 2024 was $476 Mil.
Steel Partners Holdings LP's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.43.
Steel Partners Holdings LP's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.45) to Dec. 2023 (0.43)
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.
Steel Partners Holdings LP's Days Inventory for the
three
months ended in Mar. 2024 was 67.75.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Steel Partners Holdings LP's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.35.
Steel Partners Holdings LP Inventory-to-Revenue Historical Data
* 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 Steel Partners Holdings LP's Inventory-to-Revenue
For the Conglomerates subindustry, Steel Partners Holdings LP'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.
Steel Partners Holdings LP's Inventory-to-Revenue Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Steel Partners Holdings LP'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.
Steel Partners Holdings LP'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.
Steel Partners Holdings LP'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.
Steel Partners Holdings LP Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Steel Partners Holdings LP's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Steel Partners Holdings LP (Steel Partners Holdings LP) Business Description
Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. It operates in various segments including the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, including joining materials, tubing, building materials, performance materials, electrical products, cutting replacement products and services, and metallized films and packaging businesses; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in a full range of banking activities.
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