GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sensient Technologies Corp (NYSE:SXT) » Definitions » Inventory-to-Revenue

Sensient Technologies (Sensient Technologies) Inventory-to-Revenue : 1.70 (As of Dec. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Sensient Technologies 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. Sensient Technologies's Average Total Inventories for the quarter that ended in Dec. 2023 was $593 Mil. Sensient Technologies's Revenue for the three months ended in Dec. 2023 was $349 Mil. Sensient Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.70.

Sensient Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (1.62) to Sep. 2023 (1.70)

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. Sensient Technologies's Days Inventory for the three months ended in Dec. 2023 was 216.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sensient Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.42.


Sensient Technologies Inventory-to-Revenue Historical Data

The historical data trend for Sensient Technologies'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.

* Premium members only.

Sensient Technologies Inventory-to-Revenue Chart

Sensient Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.30 0.29 0.34 0.40

Sensient Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.54 1.55 1.62 1.70

Competitive Comparison of Sensient Technologies's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Sensient Technologies'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.


Sensient Technologies's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sensient Technologies's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sensient Technologies's Inventory-to-Revenue falls into.



Sensient Technologies 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.

Sensient Technologies's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (564.11 + 598.399) / 2 ) / 1456.45
=581.2545 / 1456.45
=0.40

Sensient Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (587.024 + 598.399) / 2 ) / 349.302
=592.7115 / 349.302
=1.70

* 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.


Sensient Technologies  (NYSE:SXT) 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.

Sensient Technologies's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=592.7115/249.472*365 / 4
=216.80

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Sensient Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=249.472 / 592.7115
=0.42

* 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.


Sensient Technologies Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Sensient Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Sensient Technologies (Sensient Technologies) Business Description

Traded in Other Exchanges
Address
777 East Wisconsin Avenue, Milwaukee, WI, USA, 53202-5304
Sensient Technologies Corp manufactures and markets natural and synthetic colors, flavors, and other specialty ingredients. The company has a widespread network of facilities around the globe, and its customers operate across a variety of end markets. Sensient's offerings are predominantly applied to consumer-facing products, including food and beverage, cosmetics and pharmaceuticals, nutraceutical and personal care industries. The Company's principal products are flavors, flavor enhancers, ingredients, extracts, and bionutrients, essential oils, dehydrated vegetables and other food ingredients, natural and synthetic food and beverage colors and others. The company's three reportable segments were the Flavors & Extracts Group and the Color Group and, Asia Pacific Group.
Executives
E. Craig Mitchell officer: Pres, Flavors & Fragrances Grp 777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Anstalt Winder 10 percent owner ZOLLSTRASSE 16, SCHAAN N2 9494
Investment Anstalt Winder 10 percent owner ZOLLSTRASSE 16, SCHAAN N2 9494
Winder Pte. Ltd. 10 percent owner 6 BATTERY ROAD #19-01A, SINGAPORE U0 049909
Cunha Kathleen Da director 777 E. WISCONSIN AVE., SUITE 1100, MILWAUKEE WI 53202
Winder Investment Pte Ltd 10 percent owner 19-01A 6 BATTERY ROAD, SINGAPORE U0 049909
Sharad P Jain director 777 E. WISCONSIN AVE., SUITE 1100, MILWAUKEE WI 53202
Freemont Capital Pte Ltd 10 percent owner 19-01A 6 BATTERY ROAD, SINGAPORE U0 049909
Foundation Haldor 10 percent owner ZOLLSTRASSE 16, SCHAAN N2 9494
Essie Whitelaw director 777 E WISCONSIN AVE, MILWAUKEE WI 53202
Elaine R Wedral director C/O BALCHEM CORP, P O BOX 600, NEW HAMPTON NY 10958
Paul Manning officer: President, Color Group 777 E. WISCONSIN AVE., MILWAUKEE WI 53202
Joseph Carleone director 3883 HOWARD HUGHES PKWY, SUITE 700, LAS VEGAS NV 89169
Carol R Jackson director 777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Thierry Hoang officer: VP, Asia Pacific Group 25B CHANCERY LANE, SINGAPORE U0 309515

Sensient Technologies (Sensient Technologies) Headlines

From GuruFocus

Sensient Announces Conference Call

By Business Wire Business Wire 04-14-2023

Sensient Declares Dividend

By Business Wire Business Wire 01-20-2023

Sensient Announces Conference Call

By Business Wire 10-06-2023

Sensient Announces Conference Call

By Business Wire Business Wire 01-27-2023

4 Solid Stock Picks for Value Investors

By Alberto Abaterusso 08-15-2021

Sensient Announces Conference Call

By Business Wire Business Wire 10-01-2021