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East 33 (ASX:E33) Inventory-to-Revenue : 0.18 (As of Dec. 2023)


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What is East 33 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. East 33's Average Total Inventories for the quarter that ended in Dec. 2023 was A$2.09 Mil. East 33's Revenue for the six months ended in Dec. 2023 was A$11.75 Mil. East 33's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

East 33's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.11) to Jun. 2023 (0.18)

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. East 33's Days Inventory for the six months ended in Dec. 2023 was 54.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. East 33's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.35.


East 33 Inventory-to-Revenue Historical Data

The historical data trend for East 33'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.

* Premium members only.

East 33 Inventory-to-Revenue Chart

East 33 Annual Data
Trend Jun22 Jun23
Inventory-to-Revenue
0.01 0.01

East 33 Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial 0.58 0.29 0.10 0.11 0.18

Competitive Comparison of East 33's Inventory-to-Revenue

For the Farm Products subindustry, East 33'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.


East 33's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, East 33's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where East 33's Inventory-to-Revenue falls into.



East 33 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.

East 33's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (0.235 + 0.265) / 2 ) / 24.595
=0.25 / 24.595
=0.01

East 33's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0.265 + 3.91) / 2 ) / 11.753
=2.0875 / 11.753
=0.18

* 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.


East 33  (ASX:E33) 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.

East 33's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=2.0875/6.989*365 / 2
=54.51

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

East 33's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=6.989 / 2.0875
=3.35

* 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.


East 33 Inventory-to-Revenue Related Terms

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East 33 (ASX:E33) Business Description

Traded in Other Exchanges
N/A
Address
12 Point Road, Tuncurry, NSW, AUS, 2428
East 33 Ltd operates in the aquaculture and seafood industry. The company produces and supplies rock oysters. The oysters are supplied mainly to restaurants, retailers, food service companies, and wholesalers. It operates into three reportable segments Oyster farming involves the growing and wholesaling of live oysters in Australia; Distribution comprises the wholesale and retail distribution of oysters in Australia; and Sundry units involved in selling liquor to retail customers, provision restaurant services, online sales of oysters and complimentary products in Australia.

East 33 (ASX:E33) Headlines

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