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. Barnes Group's Average Total Inventories for the quarter that ended in Mar. 2024 was $351 Mil. Barnes Group's Revenue for the
three
months ended in Mar. 2024 was $431 Mil.
Barnes Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.
Barnes Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.89) to Dec. 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.
Barnes Group's Days Inventory for the
three
months ended in Mar. 2024 was 106.63.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Barnes Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.86.
Barnes Group Inventory-to-Revenue Historical Data
The historical data trend for Barnes Group'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 Barnes Group's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Barnes Group'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.
Barnes Group's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Barnes Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Barnes Group's Inventory-to-Revenue falls into.
Barnes Group 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.
Barnes Group'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.
Barnes Group (NYSE:B) 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.
Barnes Group's Days Inventory for the
three
months ended in Mar. 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.
Barnes Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Barnes Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military. This segment also provides aftermarket maintenance, overhaul and repair services for turbine engine manufacturers, airlines, and the military. The company generates around half of its revenue from the domestic American market.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
B has been successfully added to your 