GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Spirax-Sarco Engineering PLC (OTCPK:SPXSF) » Definitions » Inventory-to-Revenue

Spirax-Sarco Engineering (Spirax-Sarco Engineering) Inventory-to-Revenue : 0.35 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Spirax-Sarco Engineering 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. Spirax-Sarco Engineering's Average Total Inventories for the quarter that ended in Dec. 2023 was $373 Mil. Spirax-Sarco Engineering's Revenue for the six months ended in Dec. 2023 was $1,053 Mil. Spirax-Sarco Engineering's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.35.

Spirax-Sarco Engineering's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.34) to Jun. 2023 (0.35)

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.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spirax-Sarco Engineering's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.


Spirax-Sarco Engineering Inventory-to-Revenue Historical Data

The historical data trend for Spirax-Sarco Engineering'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.

Spirax-Sarco Engineering Inventory-to-Revenue Chart

Spirax-Sarco Engineering 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 0.14 0.15 0.14 0.16 0.17

Spirax-Sarco Engineering 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 0.28 0.30 0.31 0.34 0.35

Competitive Comparison of Spirax-Sarco Engineering's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Spirax-Sarco Engineering'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.


Spirax-Sarco Engineering's Inventory-to-Revenue Distribution in the Industrial Products Industry

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

* The bar in red indicates where Spirax-Sarco Engineering's Inventory-to-Revenue falls into.



Spirax-Sarco Engineering 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.

Spirax-Sarco Engineering'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 )
=( (353.228 + 361.013) / 2 ) / 2129.873
=357.1205 / 2129.873
=0.17

Spirax-Sarco Engineering'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 )
=( (384.975 + 361.013) / 2 ) / 1052.911
=372.994 / 1052.911
=0.35

* 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.


Spirax-Sarco Engineering  (OTCPK:SPXSF) 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.

Spirax-Sarco Engineering'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
=372.994/0*365 / 2
=

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

Spirax-Sarco Engineering'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 )
=0 / 372.994
=0.00

* 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.


Spirax-Sarco Engineering Inventory-to-Revenue Related Terms

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


Spirax-Sarco Engineering (Spirax-Sarco Engineering) Business Description

Traded in Other Exchanges
Address
Cirencester Road, Charlton House, Cheltenham, Gloucestershire, GBR, GL53 8ER
Spirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.

Spirax-Sarco Engineering (Spirax-Sarco Engineering) Headlines