What is Heidelberg Materials AG 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. Heidelberg Materials AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €2,634 Mil. Heidelberg Materials AG's Revenue for the
six
months ended in Dec. 2023 was €10,705 Mil.
Heidelberg Materials AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.25.
Heidelberg Materials AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.25) to Jun. 2023 (0.25)
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.
Heidelberg Materials AG's Days Inventory for the
six
months ended in Dec. 2023 was 123.50.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Heidelberg Materials AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.48.
Heidelberg Materials AG Inventory-to-Revenue Historical Data
The historical data trend for Heidelberg Materials AG'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.
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Heidelberg Materials AG Inventory-to-Revenue Chart
Competitive Comparison of Heidelberg Materials AG's Inventory-to-Revenue
For the Building Materials subindustry, Heidelberg Materials AG'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.
Heidelberg Materials AG's Inventory-to-Revenue Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Heidelberg Materials AG's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Heidelberg Materials AG's Inventory-to-Revenue falls into.
Heidelberg Materials AG 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.
Heidelberg Materials AG'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.
Heidelberg Materials AG (XTER:HEI) 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.
Heidelberg Materials AG's Days Inventory for the
six
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.
Heidelberg Materials AG Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Heidelberg Materials AG's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Heidelberg Materials AG (XTER:HEI) Business Description
Heidelberg Materials is one of the world's largest building materials companies, with operations in 60 countries. Its core activities include the production of cement and aggregates, which are used to construct houses, infrastructure, and commercial facilities. The sale of cement and aggregates accounts for the majority of group revenue and profits. North America is the company's largest market, contributing 29% of EBITDA, followed by Western and Southern Europe, contributing 21%. Heidelberg Materials is listed in Germany and has 55,000 employees.
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