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Kromek Group (LSE:KMK) Inventory-to-Revenue : 1.57 (As of Oct. 2023)


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What is Kromek Group 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. Kromek Group's Average Total Inventories for the quarter that ended in Oct. 2023 was £11.15 Mil. Kromek Group's Revenue for the six months ended in Oct. 2023 was £7.10 Mil. Kromek Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 1.57.

Kromek Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 increased from Apr. 2023 (1.03) to Apr. 2023 (1.57)

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. Kromek Group's Days Inventory for the six months ended in Oct. 2023 was 627.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kromek Group's Inventory Turnover for the quarter that ended in Oct. 2023 was 0.29.


Kromek Group Inventory-to-Revenue Historical Data

The historical data trend for Kromek 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.

* Premium members only.

Kromek Group Inventory-to-Revenue Chart

Kromek Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.37 0.61 0.69 0.62

Kromek Group Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1.44 1.21 1.58 1.03 1.57

Competitive Comparison of Kromek Group's Inventory-to-Revenue

For the Scientific & Technical Instruments subindustry, Kromek 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.


Kromek Group's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kromek Group's Inventory-to-Revenue distribution charts can be found below:

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



Kromek 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.

Kromek Group's Inventory-to-Revenue for the fiscal year that ended in Apr. 2023 is calculated as

Inventory-to-Revenue (A: Apr. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Revenue (A: Apr. 2023 )
=( (10.503 + 10.894) / 2 ) / 17.309
=10.6985 / 17.309
=0.62

Kromek Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue (Q: Oct. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Revenue (Q: Oct. 2023 )
=( (10.894 + 11.411) / 2 ) / 7.095
=11.1525 / 7.095
=1.57

* 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.


Kromek Group  (LSE:KMK) 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.

Kromek Group's Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=11.1525/3.246*365 / 2
=627.03

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

Kromek Group's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2023 ) / Average Total Inventories (Q: Oct. 2023 )
=3.246 / 11.1525
=0.29

* 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.


Kromek Group Inventory-to-Revenue Related Terms

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Kromek Group (LSE:KMK) Business Description

Traded in Other Exchanges
Address
Thomas Wright Way, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Kromek Group PLC is the developer of radiation detectors based on cadmium zinc telluride, providing improved detection and characterization capabilities within the medical imaging, nuclear detection, and security screening markets. Based on its technology platforms, the company design, develop, and produces x-ray and gamma-ray imaging and radiation detection products for the industrial and consumer markets. Some of its products include TN15 thermal neutron detector, SPEAR CZT-based radiation detector, VTF voltage to frequency converter, D3S NET networked radiation detector, and Photon-counting spectral CT. Its geographical segments include the United Kingdom, North America, Asia, Europe, and Australasia, of which the majority of the revenue comes from North America.

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