GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » TAAT Global Alternatives Inc (OTCPK:TOBAF) » Definitions » Inventory-to-Revenue

TAAT Global Alternatives (TAAT Global Alternatives) Inventory-to-Revenue : 0.19 (As of Jul. 2023)


View and export this data going back to 2012. Start your Free Trial

What is TAAT Global Alternatives 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. TAAT Global Alternatives's Average Total Inventories for the quarter that ended in Jul. 2023 was $3.52 Mil. TAAT Global Alternatives's Revenue for the three months ended in Jul. 2023 was $18.71 Mil. TAAT Global Alternatives's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.19.

TAAT Global Alternatives's Inventory-to-Revenue for the quarter that ended in Jul. 2023 declined from Apr. 2023 (0.22) to Apr. 2023 (0.19)

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. TAAT Global Alternatives's Days Inventory for the three months ended in Jul. 2023 was 16.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. TAAT Global Alternatives's Inventory Turnover for the quarter that ended in Jul. 2023 was 5.41.


TAAT Global Alternatives Inventory-to-Revenue Historical Data

The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Inventory-to-Revenue Chart

TAAT Global Alternatives Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.86 0.22 0.07

TAAT Global Alternatives Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.22 0.22 0.22 0.19

Competitive Comparison of TAAT Global Alternatives's Inventory-to-Revenue

For the Tobacco subindustry, TAAT Global Alternatives'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.


TAAT Global Alternatives's Inventory-to-Revenue Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, TAAT Global Alternatives's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where TAAT Global Alternatives's Inventory-to-Revenue falls into.



TAAT Global Alternatives 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.

TAAT Global Alternatives's Inventory-to-Revenue for the fiscal year that ended in Oct. 2022 is calculated as

Inventory-to-Revenue (A: Oct. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Oct. 2021 ) + Total Inventories (A: Oct. 2022 )) / count ) / Revenue (A: Oct. 2022 )
=( (0.675 + 3.726) / 2 ) / 31.073
=2.2005 / 31.073
=0.07

TAAT Global Alternatives's Inventory-to-Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue (Q: Jul. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Jul. 2023 )) / count ) / Revenue (Q: Jul. 2023 )
=( (3.381 + 3.657) / 2 ) / 18.709
=3.519 / 18.709
=0.19

* 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.


TAAT Global Alternatives  (OTCPK:TOBAF) 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.

TAAT Global Alternatives's Days Inventory for the three months ended in Jul. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2023 )/Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=3.519/19.026*365 / 4
=16.88

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

TAAT Global Alternatives's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2023 ) / Average Total Inventories (Q: Jul. 2023 )
=19.026 / 3.519
=5.41

* 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.


TAAT Global Alternatives Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of TAAT Global Alternatives's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


TAAT Global Alternatives (TAAT Global Alternatives) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C1H2
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. The company generates the majority of its revenue from the tobacco products segment.