What is Academy Sports and Outdoors 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. Academy Sports and Outdoors's Average Total Inventories for the quarter that ended in Jan. 2024 was $1,343 Mil. Academy Sports and Outdoors's Revenue for the
three
months ended in Jan. 2024 was $1,795 Mil.
Academy Sports and Outdoors's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.75.
Academy Sports and Outdoors's Inventory-to-Revenue for the quarter that ended in Jan. 2024
declined
from Oct. 2023 (1.00) to Oct. 2023 (0.75)
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.
Academy Sports and Outdoors's Days Inventory for the
three
months ended in Jan. 2024 was 102.32.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Academy Sports and Outdoors's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.89.
Academy Sports and Outdoors 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.
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Academy Sports and Outdoors Inventory-to-Revenue Chart
Competitive Comparison of Academy Sports and Outdoors's Inventory-to-Revenue
For the Specialty Retail subindustry, Academy Sports and Outdoors'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.
Academy Sports and Outdoors's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Academy Sports and Outdoors's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Academy Sports and Outdoors's Inventory-to-Revenue falls into.
Academy Sports and Outdoors 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.
Academy Sports and Outdoors's Inventory-to-Revenue for the fiscal year that ended in Jan. 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.
Academy Sports and Outdoors (NAS:ASO) 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.
Academy Sports and Outdoors's Days Inventory for the
three
months ended in Jan. 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.
Academy Sports and Outdoors Inventory-to-Revenue Related Terms
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Academy Sports and Outdoors (Academy Sports and Outdoors) Business Description
Academy Sports and Outdoors Inc is engaged in the retail business of sporting goods and outdoor recreation products. The company offers outdoor clothing, backpacks, sunglasses, luggage items, shooting equipment, fishing equipment, boating and water sports equipment, backyard recreation products, outdoor cooking equipment, fitness equipment, electronic items, dog supplies, and other products.
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