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. Key Tronic's Average Total Inventories for the quarter that ended in Mar. 2024 was $119.6 Mil. Key Tronic's Revenue for the
three
months ended in Mar. 2024 was $140.5 Mil.
Key Tronic's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.85.
Key Tronic's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.86) to Dec. 2023 (0.85)
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.
Key Tronic's Days Inventory for the
three
months ended in Mar. 2024 was 82.39.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Key Tronic's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.11.
Key Tronic Inventory-to-Revenue Historical Data
The historical data trend for Key Tronic'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.
Competitive Comparison of Key Tronic's Inventory-to-Revenue
For the Computer Hardware subindustry, Key Tronic'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.
Key Tronic's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Key Tronic's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Key Tronic's Inventory-to-Revenue falls into.
Key Tronic 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.
Key Tronic's Inventory-to-Revenue for the fiscal year that ended in Jun. 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.
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.
Key Tronic'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.
Key Tronic Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Key Tronic's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Key Tronic Corp is an electronic manufacturing service provider. The company provides electronic manufacturing services to original equipment manufacturers in the United States and globally. Its primary services include integrated electronic and mechanical engineering, precision plastic molding, sheet metal fabrication, printed circuit board (PCB) and complete product assembly, component selection, sourcing and procurement, logistics, and new product testing and production. The firm derives a majority of its revenue from the United States.
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