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. Stevanato Group SPA's Average Total Inventories for the quarter that ended in Mar. 2024 was $293 Mil. Stevanato Group SPA's Revenue for the
three
months ended in Mar. 2024 was $257 Mil.
Stevanato Group SPA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.14.
Stevanato Group SPA's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.82) to Dec. 2023 (1.14)
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.
Stevanato Group SPA's Days Inventory for the
three
months ended in Mar. 2024 was 141.56.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Stevanato Group SPA's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.64.
Stevanato Group SPA Inventory-to-Revenue Historical Data
The historical data trend for Stevanato Group SPA'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 Stevanato Group SPA's Inventory-to-Revenue
For the Medical Instruments & Supplies subindustry, Stevanato Group SPA'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.
Stevanato Group SPA's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Stevanato Group SPA's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Stevanato Group SPA's Inventory-to-Revenue falls into.
Stevanato Group SPA 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.
Stevanato Group SPA'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.
Stevanato Group SPA (NYSE:STVN) 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.
Stevanato Group SPA'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.
Stevanato Group SPA Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Stevanato Group SPA's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Stevanato Group SPA (Stevanato Group SPA) Business Description
Stevanato Group SPA is a provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries. It delivers an integrated, end-to-end portfolio of products, processes, and services that address customer needs across the entire drug life cycle including development, clinical, and commercial stages. Stevanato's revenue is geographically diversified, with 60% of sales from Europe, the Middle East and Africa (EMEA), 27% in North America, 10% in Asia-Pacific (APAC), and 3% from South America. It has two segments Biopharmaceutical and Diagnostic Solutions and Engineering.
Stevanato Group SPA (Stevanato Group SPA) Headlines
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