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. Biome Technologies's Average Total Inventories for the quarter that ended in Jun. 2024 was £0.73 Mil. Biome Technologies's Revenue for the
six
months ended in Jun. 2024 was £2.34 Mil.
Biome Technologies's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.31.
Biome Technologies's Inventory-to-Revenue for the quarter that ended in Jun. 2024
increased
from Dec. 2023 (0.22) to Dec. 2023 (0.31)
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.
Biome Technologies's Days Inventory for the
six
months ended in Jun. 2024 was 88.34.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Biome Technologies's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.07.
Biome Technologies Inventory-to-Revenue Historical Data
The historical data trend for Biome Technologies'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 Biome Technologies's Inventory-to-Revenue
For the Specialty Chemicals subindustry, Biome Technologies'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.
Biome Technologies's Inventory-to-Revenue Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Biome Technologies's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Biome Technologies'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.
Biome Technologies'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.
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.
Biome Technologies's Days Inventory for the
six
months ended in Jun. 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.
Biome Technologies Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Biome Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Biome Technologies PLC is an innovator and supplier of biodegradable natural polymers. The company operates in two areas; the Bioplastics Division produces bio-degradable products capable of replacing conventional oil-based plastics and has diverse applications including flexible films, moulded products, extruded sheets, and food wraps, and the Radio Frequency Division designing and installing specialist Radio Frequency furnaces, welders, and induction equipment. The majority of the revenues are earned from the Bioplastics segment. Geographically, the company generates a majority of its revenue from the United States of America and the rest from Canada, the United Kingdom, Hungary, Portugal, and other countries.
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