GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Symrise AG (XSWX:SY1) » Definitions » Inventory-to-Revenue

Symrise AG (XSWX:SY1) Inventory-to-Revenue : 0.57 (As of Dec. 2023)


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

What is Symrise AG 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. Symrise AG's Average Total Inventories for the quarter that ended in Dec. 2023 was CHF1,240 Mil. Symrise AG's Revenue for the six months ended in Dec. 2023 was CHF2,185 Mil. Symrise AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.57.

Symrise AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.55) to Jun. 2023 (0.57)

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. Symrise AG's Days Inventory for the six months ended in Dec. 2023 was 159.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Symrise AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.14.


Symrise AG Inventory-to-Revenue Historical Data

The historical data trend for Symrise AG'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.

Symrise AG Inventory-to-Revenue Chart

Symrise AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.25 0.25 0.26 0.28

Symrise AG 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 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 0.51 0.49 0.55 0.55 0.57

Competitive Comparison of Symrise AG's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Symrise AG'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.


Symrise AG's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Symrise AG's Inventory-to-Revenue distribution charts can be found below:

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



Symrise AG 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.

Symrise AG'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 )
=( (1310.121 + 1184.356) / 2 ) / 4460.922
=1247.2385 / 4460.922
=0.28

Symrise AG'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 )
=( (1294.866 + 1184.356) / 2 ) / 2184.608
=1239.611 / 2184.608
=0.57

* 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.


Symrise AG  (XSWX:SY1) 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.

Symrise AG'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
=1239.611/1417.279*365 / 2
=159.62

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

Symrise AG'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 )
=1417.279 / 1239.611
=1.14

* 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.


Symrise AG Inventory-to-Revenue Related Terms

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


Symrise AG (XSWX:SY1) Business Description

Address
Muhlenfeldstrasse 1, Holzminden, ST, DEU, 37603
Symrise is a global supplier of ingredients for fragrances and flavourings across the food, beverage, household products, and pharmaceutical industries. With an estimated 12% market share, it is the world's fourth-largest supplier of fragrances and flavourings. The company was created after a 2003 merger of two companies that originated in 1874 and 1919. With 9,000 employees, Symrise produces 30,000 products sourced from 10,000 mostly natural raw materials such as vanilla, citrus, blossoms, and plant or animal materials for more than 6,000 customers.

Symrise AG (XSWX:SY1) Headlines

No Headlines