What is Motorcar Parts of America 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. Motorcar Parts of America's Average Total Inventories for the quarter that ended in Dec. 2023 was $380.1 Mil. Motorcar Parts of America's Revenue for the
three
months ended in Dec. 2023 was $171.9 Mil.
Motorcar Parts of America's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.21.
Motorcar Parts of America's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (1.86) to Sep. 2023 (2.21)
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.
Motorcar Parts of America's Days Inventory for the
three
months ended in Dec. 2023 was 244.56.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Motorcar Parts of America's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.37.
Motorcar Parts of America 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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Motorcar Parts of America Inventory-to-Revenue Chart
Competitive Comparison of Motorcar Parts of America's Inventory-to-Revenue
For the Auto Parts subindustry, Motorcar Parts of America'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.
Motorcar Parts of America's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Motorcar Parts of America's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Motorcar Parts of America's Inventory-to-Revenue falls into.
Motorcar Parts of America 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.
Motorcar Parts of America's Inventory-to-Revenue for the fiscal year that ended in Mar. 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.
Motorcar Parts of America (NAS:MPAA) 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.
Motorcar Parts of America'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.
Motorcar Parts of America Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Motorcar Parts of America's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Motorcar Parts of America (Motorcar Parts of America) Business Description
Motorcar Parts of America Inc is a us-based manufacturer, remanufacturer, and distributor of aftermarket automotive and light truck applications. It manufactures and distributes heavy-duty truck and industrial and agricultural application parts. It produces starter engines, alternators, hub assemblies, bearings, and master cylinders. The company supplies its products to the automotive aftermarket either under its own brands, as part of a private-label service, or to warranty replacement programs of automobile manufacturers. It primarily sells rotating electrical products, wheel hub products, brake master cylinders products in the us, of which a majority of the revenue is derived from the sales of rotating electrical products.
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