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. Phoenix Group's Average Total Inventories for the quarter that ended in Sep. 2024 was د.إ1,605 Mil. Phoenix Group's Revenue for the
three
months ended in Sep. 2024 was د.إ573 Mil.
Phoenix Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.80.
Phoenix Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024
declined
from Jun. 2024 (3.12) to Jun. 2024 (2.80)
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.
Phoenix Group's Days Inventory for the
three
months ended in Sep. 2024 was 375.88.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Phoenix Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.24.
Phoenix Group Inventory-to-Revenue Historical Data
The historical data trend for Phoenix 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.
Competitive Comparison of Phoenix Group's Inventory-to-Revenue
For the Electronics & Computer Distribution subindustry, Phoenix 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.
Phoenix Group's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Phoenix Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Phoenix Group's Inventory-to-Revenue falls into.
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.
Phoenix Group's Inventory-to-Revenue for the fiscal year 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.
Phoenix Group (ADX:PHX) 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.
Phoenix Group's Days Inventory for the
three
months ended in Sep. 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.
Phoenix Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Phoenix Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Phoenix Group PLC is a technology conglomerate bringing blockchain solutions to an expansive market. The Group develops, operates, and manages specialized data centres, hosting class performance computing power for digital asset across the UAE, Oman, U.S. and Canada. Additionally, it also hosts, operates and maintains equipment within its existing data centres and enables investment opportunities within cloud mining. The Group is the exclusive distributor of equipment manufacturer MicroBT and prominent distributor of Digital wallet Ledgers and CoolWallets, across the Middle East. The Group has four business verticals including trading, hosting, mining and investments.
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