What is Sumitomo Heavy Industries 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. Sumitomo Heavy Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was €2,090 Mil. Sumitomo Heavy Industries's Revenue for the
three
months ended in Mar. 2024 was €1,565 Mil.
Sumitomo Heavy Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.34.
Sumitomo Heavy Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (1.07) to Dec. 2023 (1.34)
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.
Sumitomo Heavy Industries's Days Inventory for the
three
months ended in Mar. 2024 was 163.22.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sumitomo Heavy Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.56.
Sumitomo Heavy Industries Inventory-to-Revenue Historical Data
* 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.
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Sumitomo Heavy Industries Inventory-to-Revenue Chart
Competitive Comparison of Sumitomo Heavy Industries's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Sumitomo Heavy Industries'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.
Sumitomo Heavy Industries's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sumitomo Heavy Industries's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Sumitomo Heavy Industries's Inventory-to-Revenue falls into.
Sumitomo Heavy Industries 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.
Sumitomo Heavy Industries's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Sumitomo Heavy Industries (STU:SSM1) 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.
Sumitomo Heavy Industries's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Sumitomo Heavy Industries Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Sumitomo Heavy Industries's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Sumitomo Heavy Industries (STU:SSM1) Business Description
Sumitomo Heavy Industries Ltd develops and manufactures a range of industrial machinery, from gearboxes to ships and large-scale plants. It offers power transmission and control systems, molding machinery, mobile cranes, turbines, and other industrial systems to optimize production. The company has six operating segments: machinery components, precision machinery, construction machinery, industrial machinery, ships, and environmental facilities and plants. Its segments collaborate, utilize research and development, and look for synergies to create new technologies or build on existing components. Japan accounts for approximately half of total revenue, with the remainder split between the United States, China, and other areas.
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