Radient Technologies (Radient Technologies) Inventory-to-Revenue : 2.52 (As of Dec. 2022)

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What is Radient Technologies 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. Radient Technologies's Average Total Inventories for the quarter that ended in Dec. 2022 was $1.90 Mil. Radient Technologies's Revenue for the three months ended in Dec. 2022 was $0.76 Mil. Radient Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 2.52.

Radient Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2022 increased from Sep. 2022 (1.71) to Sep. 2022 (2.52)

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. Radient Technologies's Days Inventory for the three months ended in Dec. 2022 was 311.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Radient Technologies's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.29.

Radient Technologies Inventory-to-Revenue Historical Data

The historical data trend for Radient Technologies'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.

Radient Technologies Inventory-to-Revenue Chart

Radient Technologies Annual Data

Trend

Dec13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Inventory-to-Revenue

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0.06

1.03

0.25

1.89

0.49

Radient Technologies Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Inventory-to-Revenue	Get a 7-Day Free Trial															0.82	8.43	3.94	1.71	2.52

Competitive Comparison of Radient Technologies's Inventory-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Radient Technologies'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.

Radient Technologies's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Radient Technologies's Inventory-to-Revenue distribution charts can be found below:

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

Radient Technologies Inventory-to-Revenue Calculation

Radient Technologies's Inventory-to-Revenue for the fiscal year that ended in Mar. 2022 is calculated as

	Inventory-to-Revenue (A: Mar. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )	/	Revenue (A: Mar. 2022 )
=	( (1.109	+	1.676)	/	2 )	/	2.861
=	1.3925					/	2.861
=	0.49

Radient Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2022 is calculated as

	Inventory-to-Revenue (Q: Dec. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Revenue (Q: Dec. 2022 )
=	( (1.643	+	2.165)	/	2 )	/	0.757
=	1.904					/	0.757
=	2.52

Radient Technologies (OTCPK:RDDTF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Radient Technologies's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	1.904	/	0.557	*	365 / 4
	=	311.92

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

Radient Technologies's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2022 )	/	Average Total Inventories (Q: Dec. 2022 )
	=	0.557	/	1.904
	=	0.29

Radient Technologies Inventory-to-Revenue Related Terms

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Radient Technologies (Radient Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Radient Technologies Inc (OTCPK:RDDTF) » Definitions » Inventory-to-Revenue

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Address

4035 101 St. NW, Edmonton, AB, CAN, T6E 0A4

Website

https://www.radientinc.com

Radient Technologies Inc is a Canadian company engaged in manufacturing cannabis derivatives, formulations, and products. It has developed its extraction process, Microwave Assisted Processing (MAP), which is used for producing a consistent product at industrial-scale quantities. It provides its customers and partners with white-label extracts, formulations, and finished products that contain a broad spectrum of cannabinoid and terpene profiles. While it operates in Canada and is building an additional facility in Germany. It operates in a single segment namely the production and sale of cannabis-related retail products.