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. DRA Global's Average Total Inventories for the quarter that ended in Jun. 2024 was A$3.0 Mil. DRA Global's Revenue for the
six
months ended in Jun. 2024 was A$444.9 Mil.
DRA Global's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.01.
DRA Global's Inventory-to-Revenue for the quarter that ended in Jun. 2024
increased
from Dec. 2023 (0.01) to Dec. 2023 (0.01)
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.
DRA Global's Days Inventory for the
six
months ended in Jun. 2024 was 1.61.
Inventory Turnover measures how fast the company turns over its inventory within a year.
DRA Global's Inventory Turnover for the quarter that ended in Jun. 2024 was 113.31.
DRA Global Inventory-to-Revenue Historical Data
The historical data trend for DRA Global'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 DRA Global's Inventory-to-Revenue
For the Engineering & Construction subindustry, DRA Global'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.
DRA Global's Inventory-to-Revenue Distribution in the Construction Industry
For the Construction industry and Industrials sector, DRA Global's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where DRA Global'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.
DRA Global'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.
DRA Global (ASX:DRA) 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.
DRA Global'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.
DRA Global Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of DRA Global's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
DRA Global Ltd is a diversified global engineering, project delivery, and operations management group. It provides engineering excellence through all stages of the project life cycle from concept through delivery, commissioning, operations, and rehabilitation. DRA has expertise in mining, minerals and metals processing, and related non-process infrastructure, including ESG, water, and energy solutions for the mining industry. Some of its projects are Elikhulu Gold, Yangibana Rare Earths Project, and Northam Platinum among others. The company has three segments Europe, Middle East, and Africa (EMEA), including SENET and Water entities, Australia and Asia Pacific (APAC), and North and South America (AMER).
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