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. FGI Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was $10.7 Mil. FGI Industries's Revenue for the
three
months ended in Mar. 2024 was $30.8 Mil.
FGI Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.35.
FGI Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.32) to Dec. 2023 (0.35)
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.
FGI Industries's Days Inventory for the
three
months ended in Mar. 2024 was 43.86.
Inventory Turnover measures how fast the company turns over its inventory within a year.
FGI Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.08.
FGI Industries Inventory-to-Revenue Historical Data
The historical data trend for FGI Industries'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 FGI Industries's Inventory-to-Revenue
For the Furnishings, Fixtures & Appliances subindustry, FGI Industries'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.
FGI Industries's Inventory-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FGI Industries's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where FGI Industries's Inventory-to-Revenue falls into.
FGI Industries 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.
FGI Industries'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.
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.
FGI Industries'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.
FGI Industries Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of FGI Industries's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
FGI Industries (FGI Industries) Business Description
FGI Industries Ltd is a supplier of kitchen and bath products. It offers sanitaryware, bath furniture, shower systems, customer kitchen cabinetry, and other accessory items. It is business to business supplier of bath and kitchen products to large retail, wholesale, commercial, and specialty channel customers around the globe. its revenue is generated by sanitaryware. Geographically it operates in the United States, Canada, Europe, Rest of the World, and the majority of its revenue comes from the United States.
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