GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Heliospectra AB (OSTO:HELIO) » Definitions » Inventory-to-Revenue

Heliospectra AB (OSTO:HELIO) Inventory-to-Revenue : 1.59 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Heliospectra AB 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. Heliospectra AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr11.44 Mil. Heliospectra AB's Revenue for the three months ended in Mar. 2024 was kr7.20 Mil. Heliospectra AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.59.

Heliospectra AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Sep. 2023 (1.49) to Sep. 2023 (1.59)

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. Heliospectra AB's Days Inventory for the three months ended in Mar. 2024 was 264.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Heliospectra AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.34.


Heliospectra AB Inventory-to-Revenue Historical Data

The historical data trend for Heliospectra AB'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.

Heliospectra AB Inventory-to-Revenue Chart

Heliospectra AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.42 0.44 0.49 0.49

Heliospectra AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.13 1.52 1.24 1.49 1.59

Competitive Comparison of Heliospectra AB's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, Heliospectra AB'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.


Heliospectra AB's Inventory-to-Revenue Distribution in the Industrial Products Industry

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

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



Heliospectra AB 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.

Heliospectra AB's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (16.363 + 8.834) / 2 ) / 25.728
=12.5985 / 25.728
=0.49

Heliospectra AB'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (12.033 + 10.844) / 2 ) / 7.198
=11.4385 / 7.198
=1.59

* 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.


Heliospectra AB  (OSTO:HELIO) 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.

Heliospectra AB'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
=11.4385/3.946*365 / 4
=264.51

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

Heliospectra AB'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 )
=3.946 / 11.4385
=0.34

* 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.


Heliospectra AB Inventory-to-Revenue Related Terms

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


Heliospectra AB (OSTO:HELIO) Business Description

Traded in Other Exchanges
Address
Fiskhamnsgatan 2, Gothenburg, SWE, 414 58
Heliospectra AB is engaged in the development of lighting systems for controlled environments using light-emitting diode technology. The company's offering is targeted at greenhouses and indoor growers of medicinal plants, foodstuffs, herbs and microgreens, and academic and agtech researchers. The offering consists of total solutions that rest on three pillars: Lighting, control systems marketed under the brand name helioCORE, and services marketed under the brand name helioCARE.

Heliospectra AB (OSTO:HELIO) Headlines

No Headlines