Morgan Advanced Materials (LSE:MGAM) Inventory-to-Revenue : 0.32 (As of Dec. 2023)

View and export this data going back to 1946. Start your Free Trial

What is Morgan Advanced Materials 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. Morgan Advanced Materials's Average Total Inventories for the quarter that ended in Dec. 2023 was £178 Mil. Morgan Advanced Materials's Revenue for the six months ended in Dec. 2023 was £561 Mil. Morgan Advanced Materials's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.

Morgan Advanced Materials's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.32) to Jun. 2023 (0.32)

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.

Inventory Turnover measures how fast the company turns over its inventory within a year. Morgan Advanced Materials's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

Morgan Advanced Materials Inventory-to-Revenue Historical Data

The historical data trend for Morgan Advanced Materials'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.

Morgan Advanced Materials Inventory-to-Revenue Chart

Morgan Advanced Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

Get a 7-Day Free Trial

0.14

0.15

0.14

0.16

Morgan Advanced Materials Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.28	0.29	0.30	0.32	0.32

Competitive Comparison of Morgan Advanced Materials's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Morgan Advanced Materials'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.

Morgan Advanced Materials's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morgan Advanced Materials's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Morgan Advanced Materials's Inventory-to-Revenue falls into.

Morgan Advanced Materials Inventory-to-Revenue Calculation

Morgan Advanced Materials'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 )
=	( (174.2	+	175.1)	/	2 )	/	1114.7
=	174.65					/	1114.7
=	0.16

Morgan Advanced Materials'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (181.4	+	175.1)	/	2 )	/	560.8
=	178.25					/	560.8
=	0.32

Morgan Advanced Materials (LSE:MGAM) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Morgan Advanced Materials's Days Inventory for the six 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
	=	178.25	/	0	*	365 / 2
	=

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

Morgan Advanced Materials'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 )
	=	0	/	178.25
	=	0.00

Morgan Advanced Materials Inventory-to-Revenue Related Terms

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

Morgan Advanced Materials (LSE:MGAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Morgan Advanced Materials PLC (LSE:MGAM) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

MCRUF:USA MGAMl:UK MGJ:Germany

Address

Sheet Street, York House, Windsor, GBR, SL4 1DD

Website

https://www.morganadvancedmaterials.com

Morgan Advanced Materials PLC is a U.K.-based company that manufactures a wide array of specialized and high-specification materials. The company's product line includes high-temperature insulation products used to reduce energy consumption, electrical carbon, linear and rotary transfer systems used for transferring electrical energy in motor and generator applications, seals and bearings, ceramic cores, piezoelectric sensors and transducers, crucibles, and others. The company's customers come from sectors including healthcare, petrochemical, transportation, electronics, energy, security and defense, and other industrial applications. Morgan Advanced Materials has a global presence, with the United States being the largest markets for the company.