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. Ichor Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $256.4 Mil. Ichor Holdings's Revenue for the
three
months ended in Dec. 2023 was $203.5 Mil.
Ichor Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.26.
Ichor Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (1.36) to Sep. 2023 (1.26)
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.
Ichor Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 127.75.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ichor Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.71.
Ichor Holdings Inventory-to-Revenue Historical Data
The historical data trend for Ichor Holdings'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 Ichor Holdings's Inventory-to-Revenue
For the Semiconductor Equipment & Materials subindustry, Ichor Holdings'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.
Ichor Holdings's Inventory-to-Revenue Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Ichor Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Ichor Holdings's Inventory-to-Revenue falls into.
Ichor Holdings 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.
Ichor Holdings'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.
Ichor Holdings's Days Inventory for the
three
months 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.
Ichor Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Ichor Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Ichor Holdings (Ichor Holdings) Business Description
Ichor Holdings Ltd is engaged in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. The product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. The company also manufactures machined components, weldments, and proprietary products for use in fluid delivery systems. Geographically, the company operates in the United States of America, Singapore, Europe, and other countries, of which a majority of the revenue is generated from the United States of America.
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