What is Smith & Wesson Brands 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. Smith & Wesson Brands's Average Total Inventories for the quarter that ended in Jan. 2024 was $158.4 Mil. Smith & Wesson Brands's Revenue for the
three
months ended in Jan. 2024 was $137.5 Mil.
Smith & Wesson Brands's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.15.
Smith & Wesson Brands's Inventory-to-Revenue for the quarter that ended in Jan. 2024
declined
from Oct. 2023 (1.34) to Oct. 2023 (1.15)
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.
Smith & Wesson Brands's Days Inventory for the
three
months ended in Jan. 2024 was 147.41.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Smith & Wesson Brands's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.62.
Smith & Wesson Brands Inventory-to-Revenue Historical Data
The historical data trend for Smith & Wesson Brands'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 Smith & Wesson Brands's Inventory-to-Revenue
For the Aerospace & Defense subindustry, Smith & Wesson Brands'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.
Smith & Wesson Brands's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Smith & Wesson Brands's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Smith & Wesson Brands's Inventory-to-Revenue falls into.
Smith & Wesson Brands 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.
Smith & Wesson Brands's Inventory-to-Revenue for the fiscal year that ended in Apr. 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.
Smith & Wesson Brands (NAS:SWBI) 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.
Smith & Wesson Brands'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.
Smith & Wesson Brands Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Smith & Wesson Brands's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Smith & Wesson Brands (Smith & Wesson Brands) Business Description
Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.
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