What is Hydrofarm Holdings Group 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. Hydrofarm Holdings Group's Average Total Inventories for the quarter that ended in Mar. 2024 was $73.8 Mil. Hydrofarm Holdings Group's Revenue for the
three
months ended in Mar. 2024 was $54.2 Mil.
Hydrofarm Holdings Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.36.
Hydrofarm Holdings Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (1.65) to Dec. 2023 (1.36)
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.
Hydrofarm Holdings Group's Days Inventory for the
three
months ended in Mar. 2024 was 155.79.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hydrofarm Holdings Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.59.
Hydrofarm Holdings Group Inventory-to-Revenue Historical Data
The historical data trend for Hydrofarm Holdings Group'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.
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Hydrofarm Holdings Group Inventory-to-Revenue Chart
Competitive Comparison of Hydrofarm Holdings Group's Inventory-to-Revenue
For the Farm & Heavy Construction Machinery subindustry, Hydrofarm Holdings Group'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.
Hydrofarm Holdings Group's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Hydrofarm Holdings Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Hydrofarm Holdings Group's Inventory-to-Revenue falls into.
Hydrofarm Holdings Group 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.
Hydrofarm Holdings Group'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.
Hydrofarm Holdings Group (NAS:HYFM) 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.
Hydrofarm Holdings Group'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.
Hydrofarm Holdings Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Hydrofarm Holdings Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Hydrofarm Holdings Group (Hydrofarm Holdings Group) Business Description
Hydrofarm Holdings Group Inc is a distributor and manufacturer of agriculture equipment and supplies. Some of its products include lighting solutions, growing media (i.e., premium soils and soil alternatives), nutrients, equipment, and supplies sold under proprietary, exclusive/preferred brands, or non-exclusive/distributed brands. The business is organized into two operating segments, the U.S. and Canada.
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