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. Signet Jewelers's Average Total Inventories for the quarter that ended in Jan. 2024 was $2,016 Mil. Signet Jewelers's Revenue for the
three
months ended in Jan. 2024 was $2,498 Mil.
Signet Jewelers's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.81.
Signet Jewelers's Inventory-to-Revenue for the quarter that ended in Jan. 2024
declined
from Oct. 2023 (1.51) to Oct. 2023 (0.81)
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.
Signet Jewelers's Days Inventory for the
three
months ended in Jan. 2024 was 129.90.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Signet Jewelers's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.70.
Signet Jewelers Inventory-to-Revenue Historical Data
The historical data trend for Signet Jewelers'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 Signet Jewelers's Inventory-to-Revenue
For the Luxury Goods subindustry, Signet Jewelers'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.
Signet Jewelers's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Signet Jewelers's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Signet Jewelers's Inventory-to-Revenue falls into.
Signet Jewelers 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.
Signet Jewelers's Inventory-to-Revenue for the fiscal year that ended in Jan. 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.
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.
Signet Jewelers's Days Inventory for the
three
months ended in Jan. 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.
Signet Jewelers Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Signet Jewelers's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Signet Jewelers (Signet Jewelers) Business Description
Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue.
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