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Best & Less Group holdings (ASX:BST) Inventory-to-Revenue : 0.31 (As of Dec. 2022)


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What is Best & Less Group holdings Inventory-to-Revenue?

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. Best & Less Group holdings's Average Total Inventories for the quarter that ended in Dec. 2022 was A$101.9 Mil. Best & Less Group holdings's Revenue for the six months ended in Dec. 2022 was A$324.8 Mil. Best & Less Group holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.31.

Best & Less Group holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2022 increased from Jun. 2022 (0.29) to Jun. 2022 (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. Best & Less Group holdings's Days Inventory for the six months ended in Dec. 2022 was 106.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Best & Less Group holdings's Inventory Turnover for the quarter that ended in Dec. 2022 was 1.71.


Best & Less Group holdings Inventory-to-Revenue Historical Data

The historical data trend for Best & Less Group holdings'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.

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Best & Less Group holdings Inventory-to-Revenue Chart

Best & Less Group holdings Annual Data
Trend Jun22
Inventory-to-Revenue
0.15

Best & Less Group holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22
Inventory-to-Revenue - 0.31 0.29 0.31

Competitive Comparison of Best & Less Group holdings's Inventory-to-Revenue

For the Apparel Retail subindustry, Best & Less Group holdings'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.


Best & Less Group holdings's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Best & Less Group holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Best & Less Group holdings's Inventory-to-Revenue falls into.



Best & Less Group holdings 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.

Best & Less Group holdings's Inventory-to-Revenue for the fiscal year that ended in Jun. 2022 is calculated as

Inventory-to-Revenue (A: Jun. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: . 20 ) + Total Inventories (A: Jun. 2022 )) / count ) / Revenue (A: Jun. 2022 )
=( ( + 94.979) / 1 ) / 622.181
=94.979 / 622.181
=0.15

Best & Less Group holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (Q: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Revenue (Q: Dec. 2022 )
=( (94.979 + 108.816) / 2 ) / 324.781
=101.8975 / 324.781
=0.31

* 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.


Best & Less Group holdings  (ASX:BST) 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.

Best & Less Group holdings's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=101.8975/173.835*365 / 2
=106.98

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Best & Less Group holdings's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2022 ) / Average Total Inventories (Q: Dec. 2022 )
=173.835 / 101.8975
=1.71

* 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.


Best & Less Group holdings Inventory-to-Revenue Related Terms

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Best & Less Group holdings (ASX:BST) Business Description

Traded in Other Exchanges
N/A
Address
657-673 Parramatta Road, Leichhardt, Sydney, NSW, AUS, 2040
Best & Less Group holdings Ltd is a holding company for an Australia and New Zealand-based value apparel retail business operating under the Best and Less brand in Australia. It generates revenue from the sale of clothing, footwear, and general merchandise, including online sales.