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LED iBond International A/S (OCSE:LEDIBOND) Inventory-to-Revenue : 1.25 (As of Mar. 2024)


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What is LED iBond International 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. LED iBond International A/S's Average Total Inventories for the quarter that ended in Mar. 2024 was kr2.42 Mil. LED iBond International A/S's Revenue for the three months ended in Mar. 2024 was kr1.94 Mil. LED iBond International A/S's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.25.

LED iBond International A/S's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.34) to Dec. 2023 (1.25)

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. LED iBond International A/S's Days Inventory for the three months ended in Mar. 2024 was 103.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. LED iBond International A/S's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.88.


LED iBond International A/S Inventory-to-Revenue Historical Data

The historical data trend for LED iBond International 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.

LED iBond International A/S Inventory-to-Revenue Chart

LED iBond International A/S Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.42 0.47 0.72 0.50 0.68

LED iBond International A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.04 5.59 7.83 1.34 1.25

Competitive Comparison of LED iBond International A/S's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, LED iBond International 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.


LED iBond International A/S's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LED iBond International A/S's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where LED iBond International A/S's Inventory-to-Revenue falls into.



LED iBond International 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.

LED iBond International 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 )
=( (2.647 + 2.265) / 2 ) / 3.594
=2.456 / 3.594
=0.68

LED iBond International A/S's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (2.265 + 2.574) / 2 ) / 1.941
=2.4195 / 1.941
=1.25

* 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.


LED iBond International A/S  (OCSE:LEDIBOND) 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.

LED iBond International A/S's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2.4195/2.14*365 / 4
=103.17

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

LED iBond International A/S's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=2.14 / 2.4195
=0.88

* 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.


LED iBond International A/S Inventory-to-Revenue Related Terms

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LED iBond International A/S (OCSE:LEDIBOND) Business Description

Traded in Other Exchanges
N/A
Address
Agern Alle 5A, Horsholm, DNK, 2970
LED iBond International A/S is a Danish technology company that offers solutions for integrating light and data, based on its deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED, offering a value proposition combining total design flexibility, full IoT integration, and low total costs of ownership. Its technology has been deployed in many projects, ranging from intelligent shelf lighting to large-scale indoor illumination projects such as the installation of 3.2 kilometers of Tracy, the company's flagship product, at DTU, the Technical University of Denmark.

LED iBond International A/S (OCSE:LEDIBOND) Headlines

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