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Danish Aerospace Co A/S (OCSE:DAC) Inventory-to-Revenue : 0.33 (As of Dec. 2023)


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What is Danish Aerospace Co A/S 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. Danish Aerospace Co A/S's Average Total Inventories for the quarter that ended in Dec. 2023 was kr6.96 Mil. Danish Aerospace Co A/S's Revenue for the six months ended in Dec. 2023 was kr20.80 Mil. Danish Aerospace Co A/S's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.

Danish Aerospace Co A/S's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.34) to Jun. 2023 (0.33)

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. Danish Aerospace Co A/S's Days Inventory for the six months ended in Dec. 2023 was 164.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Danish Aerospace Co A/S's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.11.


Danish Aerospace Co A/S Inventory-to-Revenue Historical Data

The historical data trend for Danish Aerospace Co A/S'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.

Danish Aerospace Co A/S Inventory-to-Revenue Chart

Danish Aerospace Co A/S Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial - 0.04 0.03 0.01 0.01

Danish Aerospace Co A/S Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 0.02 0.34 0.33

Competitive Comparison of Danish Aerospace Co A/S's Inventory-to-Revenue

For the Aerospace & Defense subindustry, Danish Aerospace Co A/S'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.


Danish Aerospace Co A/S's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Danish Aerospace Co A/S's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Danish Aerospace Co A/S's Inventory-to-Revenue falls into.



Danish Aerospace Co A/S 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.

Danish Aerospace Co A/S'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 )
=( (0.462 + 0) / 1 ) / 31.881
=0.462 / 31.881
=0.01

Danish Aerospace Co A/S'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 )
=( (6.957 + 0) / 1 ) / 20.799
=6.957 / 20.799
=0.33

* 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.


Danish Aerospace Co A/S  (OCSE:DAC) 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.

Danish Aerospace Co A/S'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
=6.957/7.738*365 / 2
=164.08

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

Danish Aerospace Co A/S'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 )
=7.738 / 6.957
=1.11

* 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.


Danish Aerospace Co A/S Inventory-to-Revenue Related Terms

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Danish Aerospace Co A/S (OCSE:DAC) Business Description

Traded in Other Exchanges
N/A
Address
Hvidkjaervej 31A Street, Odense, DNK, DK-5250
Danish Aerospace Co A/S is a high-tech company operating in the area of advanced medical instrumentation and other engineering fields primarily within space applications. The main activity of the company is to develop innovative technological solutions for space exploration. This comprises design, development, and manufacturing of medical monitoring and exercise equipment, as well as to support preparations for and realisation of manned space flights.

Danish Aerospace Co A/S (OCSE:DAC) Headlines

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