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Endeavour Group (ASX:EDV) Inventory-to-Revenue : 0.24 (As of Dec. 2023)


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What is Endeavour Group 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. Endeavour Group's Average Total Inventories for the quarter that ended in Dec. 2023 was A$1,602 Mil. Endeavour Group's Revenue for the six months ended in Dec. 2023 was A$6,667 Mil. Endeavour Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.24.

Endeavour Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.29) to Jun. 2023 (0.24)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Endeavour Group's Days Inventory for the six months ended in Dec. 2023 was 66.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Endeavour Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.73.


Endeavour Group Inventory-to-Revenue Historical Data

The historical data trend for Endeavour Group'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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Endeavour Group Inventory-to-Revenue Chart

Endeavour Group Annual Data
Trend Jun21 Jun22 Jun23
Inventory-to-Revenue
0.11 0.11 0.12

Endeavour Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial 0.20 0.25 0.22 0.29 0.24

Competitive Comparison of Endeavour Group's Inventory-to-Revenue

For the Beverages - Wineries & Distilleries subindustry, Endeavour Group'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.


Endeavour Group's Inventory-to-Revenue Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Endeavour Group's Inventory-to-Revenue distribution charts can be found below:

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



Endeavour Group 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.

Endeavour Group'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 )
=( (1303 + 1508) / 2 ) / 11884
=1405.5 / 11884
=0.12

Endeavour Group'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 )
=( (1508 + 1696) / 2 ) / 6667
=1602 / 6667
=0.24

* 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.


Endeavour Group  (ASX:EDV) 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.

Endeavour Group'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
=1602/4375*365 / 2
=66.83

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

Endeavour Group'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 )
=4375 / 1602
=2.73

* 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.


Endeavour Group Inventory-to-Revenue Related Terms

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Endeavour Group (ASX:EDV) Business Description

Traded in Other Exchanges
Address
26 Waterloo Street, Surry Hills, NSW, AUS, 2010
Endeavour Group Ltd is an investment in wide-moat-rated Endeavour Group provides investors with exposure to one of the well-entrenched dividend-paying businesses in the Australian retail landscape. Following decades of enduring organic growth through store rollouts, Endeavour's off-premises retail segment—with more than 1,600 retail outlets mainly across its Dan Murphy's and BWS brands—accounts for approximately half of all off-premises retail liquor sales within Australia. Endeavour's immense scale in the off-premises retail segment is unrivaled within Australia. Indeed, Endeavour's sales are almost three times larger than its nearest retail competitor, Coles.

Endeavour Group (ASX:EDV) Headlines

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