What is Modern Plant Based Foods 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. Modern Plant Based Foods's Average Total Inventories for the quarter that ended in Feb. 2024 was C$0.03 Mil. Modern Plant Based Foods's Revenue for the
three
months ended in Feb. 2024 was C$0.21 Mil.
Modern Plant Based Foods's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.12.
Modern Plant Based Foods's Inventory-to-Revenue for the quarter that ended in Feb. 2024
declined
from Nov. 2023 (0.16) to Nov. 2023 (0.12)
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.
Modern Plant Based Foods's Days Inventory for the
three
months ended in Feb. 2024 was 14.72.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Modern Plant Based Foods's Inventory Turnover for the quarter that ended in Feb. 2024 was 6.20.
Modern Plant Based Foods Inventory-to-Revenue Historical Data
The historical data trend for Modern Plant Based Foods'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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Modern Plant Based Foods Inventory-to-Revenue Chart
Competitive Comparison of Modern Plant Based Foods's Inventory-to-Revenue
For the Packaged Foods subindustry, Modern Plant Based Foods'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.
Modern Plant Based Foods's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Modern Plant Based Foods's Inventory-to-Revenue falls into.
Modern Plant Based Foods 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.
Modern Plant Based Foods's Inventory-to-Revenue for the fiscal year that ended in Aug. 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.
Modern Plant Based Foods (XCNQ:MEAT) 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.
Modern Plant Based Foods's Days Inventory for the
three
months ended in Feb. 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.
Modern Plant Based Foods Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Modern Plant Based Foods's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Modern Plant Based Foods (XCNQ:MEAT) Business Description
Modern Plant Based Foods Inc is a Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company understands the importance of providing nutritious and sustainable alternatives without sacrificing taste. All products are made free of soy, gluten, nuts and GMOs. Modern Plant-Based Foods' objective is to change the way food is produced and consumed for the benefit of people, animals and the environment by using natural plant-based ingredients. The products are available for purchase at various retail locations and on e-commerce platforms.
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