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Everyday People Financial (TSXV:EPF) Inventory-to-Revenue : 0.37 (As of Mar. 2024)


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What is Everyday People Financial 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. Everyday People Financial's Average Total Inventories for the quarter that ended in Mar. 2024 was C$5.41 Mil. Everyday People Financial's Revenue for the three months ended in Mar. 2024 was C$14.81 Mil. Everyday People Financial's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.

Everyday People Financial's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.47) to Dec. 2023 (0.37)

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. Everyday People Financial's Days Inventory for the three months ended in Mar. 2024 was 48.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Everyday People Financial's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.89.


Everyday People Financial Inventory-to-Revenue Historical Data

The historical data trend for Everyday People Financial'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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Everyday People Financial Inventory-to-Revenue Chart

Everyday People Financial Annual Data
Trend Jul20 Jul21 Jul22 Dec23
Inventory-to-Revenue
- 0.48 - 0.14

Everyday People Financial Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.39 0.39 0.47 0.37

Competitive Comparison of Everyday People Financial's Inventory-to-Revenue

For the Credit Services subindustry, Everyday People Financial'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.


Everyday People Financial's Inventory-to-Revenue Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Everyday People Financial's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Everyday People Financial's Inventory-to-Revenue falls into.



Everyday People Financial 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.

Everyday People Financial's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0 + 5.344) / 1 ) / 37.894
=5.344 / 37.894
=0.14

Everyday People Financial's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (5.344 + 5.471) / 2 ) / 14.805
=5.4075 / 14.805
=0.37

* 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.


Everyday People Financial  (TSXV:EPF) 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.

Everyday People Financial's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=5.4075/10.231*365 / 4
=48.23

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

Everyday People Financial's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=10.231 / 5.4075
=1.89

* 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.


Everyday People Financial Inventory-to-Revenue Related Terms

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Everyday People Financial (TSXV:EPF) Business Description

Traded in Other Exchanges
Address
11150 Jasper Avenue, Suite 450, Edmonton, AB, CAN, T5K 0C7
Everyday People Financial Corp is a financial technology and consumer financing company. Through its technology-driven ecosystem, the group's alternative and specialty credit financing programs offer credit and payment cards, homeownership facilitation, consumer lending, and payment management services. The company's mission is to assist its clients in becoming their financial selves and to offer credit products and services that help ordinary people achieve extraordinary results.
Executives
Amy Marie Ter Haar Director

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