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Equinox Resources (ASX:EQN) Inventory-to-Revenue : 0.00 (As of Jun. 2023)


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What is Equinox Resources 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. Equinox Resources's Average Total Inventories for the quarter that ended in Jun. 2023 was A$0.00 Mil. Equinox Resources's Revenue for the three months ended in Jun. 2023 was A$0.00 Mil.

Equinox Resources's Inventory-to-Revenue for the quarter that ended in Jun. 2023 stayed the same from Dec. 2022 (0.00) to Dec. 2022 (0.00)

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.


Equinox Resources Inventory-to-Revenue Historical Data

The historical data trend for Equinox Resources'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.

Equinox Resources Inventory-to-Revenue Chart

Equinox Resources Annual Data
Trend Jun22 Jun23
Inventory-to-Revenue
- -

Equinox Resources Quarterly Data
Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue - - - - -

Competitive Comparison of Equinox Resources's Inventory-to-Revenue

For the Steel subindustry, Equinox Resources'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.


Equinox Resources's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Equinox Resources's Inventory-to-Revenue distribution charts can be found below:

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



Equinox Resources 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.

Equinox Resources's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (0 + 0) / 1 ) / 0.002
=0 / 0.002
=0.00

Equinox Resources's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (0 + 0) / 1 ) / 0
=0 / 0
=

* 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.


Equinox Resources  (ASX:EQN) 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.

Equinox Resources's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0/0*365 / 4
=

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

Equinox Resources's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=0 / 0
=

* 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.


Equinox Resources Inventory-to-Revenue Related Terms

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Equinox Resources (ASX:EQN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
182 St George's Terrace, Level 50, Perth, WA, AUS, 6000
Equinox Resources Ltd is a mineral exploration appraising and development company. It owns interests in the Hamersley Iron Ore Project is located north of Tom Price in the Pilbara region of Western Australia.

Equinox Resources (ASX:EQN) Headlines

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