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. Oil-Dri of America's Average Total Inventories for the quarter that ended in Jan. 2024 was $45.0 Mil. Oil-Dri of America's Revenue for the
three
months ended in Jan. 2024 was $105.7 Mil.
Oil-Dri of America's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.43.
Oil-Dri of America's Inventory-to-Revenue for the quarter that ended in Jan. 2024
increased
from Oct. 2023 (0.39) to Oct. 2023 (0.43)
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.
Oil-Dri of America's Days Inventory for the
three
months ended in Jan. 2024 was 54.99.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Oil-Dri of America's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.66.
Oil-Dri of America Inventory-to-Revenue Historical Data
The historical data trend for Oil-Dri of America'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.
Competitive Comparison of Oil-Dri of America's Inventory-to-Revenue
For the Specialty Chemicals subindustry, Oil-Dri of America'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.
Oil-Dri of America's Inventory-to-Revenue Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Oil-Dri of America's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Oil-Dri of America's Inventory-to-Revenue falls into.
Oil-Dri of America 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.
Oil-Dri of America's Inventory-to-Revenue for the fiscal year that ended in Jul. 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.
Oil-Dri of America (NYSE:ODC) 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.
Oil-Dri of America's Days Inventory for the
three
months ended in Jan. 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.
Oil-Dri of America Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Oil-Dri of America's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Oil-Dri of America (Oil-Dri of America) Business Description
Oil-Dri Corp of America develops, manufactures, and markets sorbent products made predominantly from clay. Its absorbent offerings, which draw liquid up, include cat litter, floor products, toxin control substances for livestock, and agricultural chemical carriers. The company has two segments based on the different characteristics of two primary customer groups namely Retail and Wholesale Products Group and Business to Business Products Group. The company's products are sold under various brands such as Cat's Pride, Jonny Cat, Amlan, Agsorb, Verge, Pure-Flo, and Ultra-Clear.
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