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Maytronics (XTAE:MTRN) Inventory-to-Revenue : 2.13 (As of Mar. 2024)


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What is Maytronics 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. Maytronics's Average Total Inventories for the quarter that ended in Mar. 2024 was ₪972 Mil. Maytronics's Revenue for the three months ended in Mar. 2024 was ₪456 Mil. Maytronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.13.

Maytronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (3.20) to Dec. 2023 (2.13)

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. Maytronics's Days Inventory for the three months ended in Mar. 2024 was 318.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maytronics's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.29.


Maytronics Inventory-to-Revenue Historical Data

The historical data trend for Maytronics'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.

Maytronics Inventory-to-Revenue Chart

Maytronics 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 0.34 0.29 0.30 0.43 0.53

Maytronics 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 1.97 1.36 2.86 3.20 2.13

Competitive Comparison of Maytronics's Inventory-to-Revenue

For the Consumer Electronics subindustry, Maytronics'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.


Maytronics's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maytronics's Inventory-to-Revenue distribution charts can be found below:

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



Maytronics 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.

Maytronics'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 )
=( (1016.098 + 971.824) / 2 ) / 1889.565
=993.961 / 1889.565
=0.53

Maytronics'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 )
=( (971.824 + 972.456) / 2 ) / 455.962
=972.14 / 455.962
=2.13

* 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.


Maytronics  (XTAE:MTRN) 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.

Maytronics'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
=972.14/278.611*365 / 4
=318.39

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

Maytronics'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 )
=278.611 / 972.14
=0.29

* 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.


Maytronics Inventory-to-Revenue Related Terms

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Maytronics (XTAE:MTRN) Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Yizreel, Jezreel, ISR, 19350
Maytronics Ltd is an Israel-based company which provides a complete solution for swimming pool care. It delivers automatic pool cleaners, environment-friendly water treatment systems, and pool safety products to residential and commercial swimming pool owners and operators across the world. The company's product brands are Dolphin line of robotic pool cleaners, the AQUAlife pool covers and Aqualarm and Espio pool alarms. Its operating segment includes Manufacturing of private pool cleaning robots as a key revenue driver; Manufacturing of public pool cleaning robots and Safety products and related pool products.

Maytronics (XTAE:MTRN) Headlines