Black Diamond Group (Black Diamond Group) Inventory-to-Revenue : 0.04 (As of Dec. 2023)

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What is Black Diamond 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. Black Diamond Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $3.3 Mil. Black Diamond Group's Revenue for the three months ended in Dec. 2023 was $77.1 Mil. Black Diamond Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Black Diamond Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.00) to Sep. 2023 (0.04)

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. Black Diamond Group's Days Inventory for the three months ended in Dec. 2023 was 6.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Black Diamond Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 13.36.

Black Diamond Group Inventory-to-Revenue Historical Data

The historical data trend for Black Diamond 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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Black Diamond Group Inventory-to-Revenue Chart

Black Diamond Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.01

Black Diamond Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.05	0.06	-	-	0.04

Competitive Comparison of Black Diamond Group's Inventory-to-Revenue

For the Rental & Leasing Services subindustry, Black Diamond 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.

Black Diamond Group's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Black Diamond Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Black Diamond Group's Inventory-to-Revenue falls into.

Black Diamond Group Inventory-to-Revenue Calculation

Black Diamond Group'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: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (3.31	+	3.336)	/	2 )	/	293.31
=	3.323					/	293.31
=	0.01

Black Diamond Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (0	+	3.336)	/	1 )	/	77.054
=	3.336					/	77.054
=	0.04

Black Diamond Group (OTCPK:BDIMF) 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.

Black Diamond Group's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	3.336	/	44.572	*	365 / 4
	=	6.83

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

Black Diamond Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	44.572	/	3.336
	=	13.36

Black Diamond Group Inventory-to-Revenue Related Terms

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Black Diamond Group (Black Diamond Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Black Diamond Group Ltd (OTCPK:BDIMF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

8B8:Germany BDI:Canada

Address

440-2nd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 5E9

Website

https://www.blackdiamondgroup.com

Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. It has two business units: Modular Space Solutions and Workforce Solutions. Modular Space Solutions provides high quality, cost effective, modular space rentals to customers. The customers operate in the construction, real estate development, education, manufacturing, health care, financial, government and defense industries. Workforce Solutions provides complete workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the Company's online digital marketplace, LodgeLink.