What is Commercial Metals Co 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. Commercial Metals Co's Average Total Inventories for the quarter that ended in Feb. 2024 was $1,090 Mil. Commercial Metals Co's Revenue for the
three
months ended in Feb. 2024 was $1,848 Mil.
Commercial Metals Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.59.
Commercial Metals Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024
increased
from Nov. 2023 (0.52) to Nov. 2023 (0.59)
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.
Commercial Metals Co's Days Inventory for the
three
months ended in Feb. 2024 was 64.06.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Commercial Metals Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 1.42.
Commercial Metals Co Inventory-to-Revenue Historical Data
The historical data trend for Commercial Metals Co'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 Commercial Metals Co's Inventory-to-Revenue
For the Steel subindustry, Commercial Metals Co'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.
Commercial Metals Co's Inventory-to-Revenue Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Commercial Metals Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Commercial Metals Co's Inventory-to-Revenue falls into.
Commercial Metals Co 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.
Commercial Metals Co's Inventory-to-Revenue for the fiscal year that ended in Aug. 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.
Commercial Metals Co (NYSE:CMC) 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.
Commercial Metals Co's Days Inventory for the
three
months ended in Feb. 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.
Commercial Metals Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Commercial Metals Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Commercial Metals Co (Commercial Metals Co) Business Description
Commercial Metals Co operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector. The Company has two reportable segments: North America and Europe.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CMC has been successfully added to your 