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. Iveco Group NV's Average Total Inventories for the quarter that ended in Dec. 2023 was €3,359 Mil. Iveco Group NV's Revenue for the
three
months ended in Dec. 2023 was €4,877 Mil.
Iveco Group NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.69.
Iveco Group NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (1.04) to Sep. 2023 (0.69)
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.
Iveco Group NV's Days Inventory for the
three
months ended in Dec. 2023 was 74.20.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Iveco Group NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.23.
Iveco Group NV Inventory-to-Revenue Historical Data
The historical data trend for Iveco Group NV'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 Iveco Group NV's Inventory-to-Revenue
For the Farm & Heavy Construction Machinery subindustry, Iveco Group NV'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.
Iveco Group NV's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Iveco Group NV's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Iveco Group NV's Inventory-to-Revenue falls into.
Iveco Group NV 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.
Iveco Group NV'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.
Iveco Group NV (MIL:IVG) 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.
Iveco Group NV'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.
Iveco Group NV Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Iveco Group NV's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has three operating segments: Commercial and Specialty Vehicles, Powertrain and Financial Services. Majority of revenue is generated from Commercial and Specialty Vehicles. Commercial and Specialty Vehicles designs, manufactures and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods; city-buses, commuter buses; quarry and mining equipment. Geographically, majority of revenue is generated from Europe.
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