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Stealth Group Holdings (ASX:SGI) Inventory-to-Revenue : 0.26 (As of Dec. 2023)


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What is Stealth 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. Stealth Group Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was A$14.9 Mil. Stealth Group Holdings's Revenue for the six months ended in Dec. 2023 was A$56.5 Mil. Stealth Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.26.

Stealth Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.26) to Jun. 2023 (0.26)

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. Stealth Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 68.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stealth Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.68.


Stealth Group Holdings Inventory-to-Revenue Historical Data

The historical data trend for Stealth 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.

* Premium members only.

Stealth Group Holdings Inventory-to-Revenue Chart

Stealth Group Holdings Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
0.10 0.10 0.13 0.13 0.13

Stealth Group Holdings Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.28 0.25 0.28 0.26 0.26

Competitive Comparison of Stealth Group Holdings's Inventory-to-Revenue

For the Industrial Distribution subindustry, Stealth 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.


Stealth Group Holdings's Inventory-to-Revenue Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Stealth Group Holdings's Inventory-to-Revenue distribution charts can be found below:

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



Stealth 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.

Stealth Group Holdings'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 )
=( (14.123 + 14.787) / 2 ) / 110.993
=14.455 / 110.993
=0.13

Stealth Group Holdings'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 )
=( (14.787 + 14.952) / 2 ) / 56.496
=14.8695 / 56.496
=0.26

* 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.


Stealth Group Holdings  (ASX:SGI) 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.

Stealth Group Holdings'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
=14.8695/39.895*365 / 2
=68.02

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

Stealth Group Holdings'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 )
=39.895 / 14.8695
=2.68

* 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.


Stealth Group Holdings Inventory-to-Revenue Related Terms

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Stealth Group Holdings (ASX:SGI) Business Description

Traded in Other Exchanges
N/A
Address
43 Cedric Street, Stirling, WA, AUS, 6021
Stealth Group Holdings Ltd is an Australia based supplier and distributor of safety, industrial, healthcare and workplace consumables products. It is also a provider of supply chain solutions, with a focus on industrial, trade and consumer retail customer markets. The company's geographical segment includes Australia and International market. It derives a majority of revenue from Australia. Products offered by the company include clothing, footwear, first aid, medical consumables, workplace safety, disposable wipes, drilling, automotive and other industrial supplies and others.

Stealth Group Holdings (ASX:SGI) Headlines

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