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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. AgriFORCE Growing Systems's Average Total Inventories for the quarter that ended in Sep. 2024 was $0.03 Mil. AgriFORCE Growing Systems's Revenue for the three months ended in Sep. 2024 was $0.00 Mil.
AgriFORCE Growing Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (0.12) to Jun. 2024 (0.00)
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 revenueDays Inventory indicates the number of days of goods in sales that a company has in the inventory.
Inventory Turnover measures how fast the company turns over its inventory within a year. AgriFORCE Growing Systems's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.00.
The historical data trend for AgriFORCE Growing Systems'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.
AgriFORCE Growing Systems Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Inventory-to-Revenue | Get a 7-Day Free Trial | - | - | - | - | 2.44 |
AgriFORCE Growing Systems Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Inventory-to-Revenue | Get a 7-Day Free Trial | - | 2.41 | - | 0.12 | - |
For the Farm Products subindustry, AgriFORCE Growing Systems'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.
For the Consumer Packaged Goods industry and Consumer Defensive sector, AgriFORCE Growing Systems's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where AgriFORCE Growing Systems'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.
AgriFORCE Growing Systems'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 ) |
= | ( (0 | + | 0.039) | / | 1 ) | / | 0.016 |
= | 0.039 | / | 0.016 | ||||
= | 2.44 |
AgriFORCE Growing Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as
Inventory-to-Revenue (Q: Sep. 2024 ) | |||||||
= | Average Total Inventories | / | Revenue | ||||
= | ( (Total Inventories (Q: Jun. 2024 ) | + | Total Inventories (Q: Sep. 2024 )) | / | count ) | / | Revenue (Q: Sep. 2024 ) |
= | ( (0.005 | + | 0.047) | / | 2 ) | / | 0 |
= | 0.026 | / | 0 | ||||
= |
* 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.
AgriFORCE Growing Systems (NAS:AGRI) 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 revenueLikewise, 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 revenueMore Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AgriFORCE Growing Systems's Days Inventory for the three months ended in Sep. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Sep. 2024 ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | 0.026 | / | 0 | * | 365 / 4 | |
= |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
AgriFORCE Growing Systems's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Sep. 2024 ) | / | Average Total Inventories (Q: Sep. 2024 ) |
= | 0 | / | 0.026 | |
= | 0.00 |
* 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.
Thank you for viewing the detailed overview of AgriFORCE Growing Systems's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Ingo Wilhelm Mueller | director, officer: Chief Executive Officer | 300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6 |
Amy Griffith | director | 718 OLD LANCASTER ROAD, BRYN MAWR PA 19010 |
Richard Levychin | director | 189 MONTAGUE STREET, APT. 28A, BROOKLYN NY 11201 |
Don Nicholson | director | 1602-1228 WEST HASTINGS ST, VANCOUVER A1 V6E 4S6 |
David Ryan Welch | director | 500 SOUTH GRAND AVENUE,, SUITE 1800, LOS ANGELES CA 90071 |
William John Meekison | director | 4475 ROSS CRESCENT, WEST VANCOUVER A1 V7W 1B4 |
Troy Mcclellan | officer: President, AgriFORCE Solutions | C/O AGRIFORCE GROWING SYSTEMS LTD, 300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6 |
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