Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
RiceBran Technologies's Days Inventory for the
three
months ended in Dec. 2023 was 8.65.
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.
RiceBran Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.
RiceBran Technologies Inventory Turnover Historical Data
The historical data trend for RiceBran Technologies's Inventory Turnover 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.
* 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.
Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
RiceBran Technologies's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
2. 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.
RiceBran Technologies's Inventory to Revenue for the quarter that ended in Dec. 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.
Be Aware
Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.
RiceBran Technologies Inventory Turnover Related Terms
Thank you for viewing the detailed overview of RiceBran Technologies's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
RiceBran Technologies (RiceBran Technologies) Business Description
RiceBran Technologies is a specialty ingredient company focused on the development, production, and marketing of products derived from traditional and ancient small grains. The company has proprietary and patented intellectual property that allows to convert rice bran, into a number of highly nutritious food, animal nutrition, and specialty ingredient products. Its existing and target customers are food and animal nutrition manufacturers, wholesalers and retailers, both domestically and internationally.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RIBT has been successfully added to your 