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. O-I Glass's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,085 Mil. O-I Glass's Revenue for the
three
months ended in Dec. 2023 was $1,641 Mil.
O-I Glass's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.66.
O-I Glass's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.61) to Sep. 2023 (0.66)
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.
O-I Glass's Days Inventory for the
three
months ended in Dec. 2023 was 70.18.
Inventory Turnover measures how fast the company turns over its inventory within a year.
O-I Glass's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.30.
O-I Glass Inventory-to-Revenue Historical Data
The historical data trend for O-I Glass'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 O-I Glass's Inventory-to-Revenue
For the Packaging & Containers subindustry, O-I Glass'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.
O-I Glass's Inventory-to-Revenue Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, O-I Glass's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where O-I Glass's Inventory-to-Revenue falls into.
O-I Glass 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.
O-I Glass'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.
O-I Glass'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.
O-I Glass Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of O-I Glass's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a market-leading position in key markets such as Europe, North America, and Brazil, among others. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. In the coming years, O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.
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