GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Recycling Asset Holdings Inc (NAS:IDSA) » Definitions » Inventory-to-Revenue

Recycling Asset Holdings (Recycling Asset Holdings) Inventory-to-Revenue : 0.36 (As of Sep. 2019)


View and export this data going back to 1995. Start your Free Trial

What is Recycling Asset Holdings 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. Recycling Asset Holdings's Average Total Inventories for the quarter that ended in Sep. 2019 was $4.62 Mil. Recycling Asset Holdings's Revenue for the three months ended in Sep. 2019 was $12.97 Mil. Recycling Asset Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.36.

Recycling Asset Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2019 declined from Jun. 2019 (0.40) to Jun. 2019 (0.36)

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. Recycling Asset Holdings's Days Inventory for the three months ended in Sep. 2019 was 32.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Recycling Asset Holdings's Inventory Turnover for the quarter that ended in Sep. 2019 was 2.84.


Recycling Asset Holdings Inventory-to-Revenue Historical Data

The historical data trend for Recycling Asset Holdings'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.

Recycling Asset Holdings Inventory-to-Revenue Chart

Recycling Asset Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.10 0.08 0.08 0.10

Recycling Asset Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.41 0.49 0.46 0.40 0.36

Competitive Comparison of Recycling Asset Holdings's Inventory-to-Revenue

For the Waste Management subindustry, Recycling Asset Holdings'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.


Recycling Asset Holdings's Inventory-to-Revenue Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Recycling Asset Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Recycling Asset Holdings's Inventory-to-Revenue falls into.



Recycling Asset Holdings 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.

Recycling Asset Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2018 is calculated as

Inventory-to-Revenue (A: Dec. 2018 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Revenue (A: Dec. 2018 )
=( (5.106 + 6.934) / 2 ) / 61.023
=6.02 / 61.023
=0.10

Recycling Asset Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue (Q: Sep. 2019 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Sep. 2019 )) / count ) / Revenue (Q: Sep. 2019 )
=( (5.258 + 3.99) / 2 ) / 12.966
=4.624 / 12.966
=0.36

* 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.


Recycling Asset Holdings  (NAS:IDSA) 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.

Recycling Asset Holdings's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2019 )/Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=4.624/13.116*365 / 4
=32.17

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

Recycling Asset Holdings's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2019 ) / Average Total Inventories (Q: Sep. 2019 )
=13.116 / 4.624
=2.84

* 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.


Recycling Asset Holdings Inventory-to-Revenue Related Terms

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


Recycling Asset Holdings (Recycling Asset Holdings) Business Description

Traded in Other Exchanges
N/A
Address
7100 Grade Lane, Louisville, KY, USA, 40213
Industrial Services of America Inc is a waste and recycling company in the United States. It is engaged in the buying, processing, and marketing of ferrous and non-ferrous metals and other recyclable commodities and buys used autos in order to sell used auto parts. The company's business activity falls within a single segment - The Recycling Segment, which provides ferrous and non-ferrous recycling in four locations in the Midwest. It has operating locations in Louisville, Kentucky, and Seymour and New Albany, Indiana.
Executives
Daniel M Rifkin 10 percent owner 6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
David Treadway Russell director 1720 ENSLEY AVE, LOS ANGELES CA 90024

Recycling Asset Holdings (Recycling Asset Holdings) Headlines