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Wide Open Agriculture (ASX:WOA) Inventory-to-Revenue : 0.40 (As of Dec. 2023)


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What is Wide Open Agriculture 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. Wide Open Agriculture's Average Total Inventories for the quarter that ended in Dec. 2023 was A$2.28 Mil. Wide Open Agriculture's Revenue for the six months ended in Dec. 2023 was A$5.67 Mil. Wide Open Agriculture's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.40.

Wide Open Agriculture's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.42) to Jun. 2023 (0.40)

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. Wide Open Agriculture's Days Inventory for the six months ended in Dec. 2023 was 82.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wide Open Agriculture's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.20.


Wide Open Agriculture Inventory-to-Revenue Historical Data

The historical data trend for Wide Open Agriculture'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.

Wide Open Agriculture Inventory-to-Revenue Chart

Wide Open Agriculture Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
0.43 0.07 0.20 0.26 0.22

Wide Open Agriculture Semi-Annual Data
Dec17 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 Premium Member Only 0.47 0.51 0.62 0.42 0.40

Competitive Comparison of Wide Open Agriculture's Inventory-to-Revenue

For the Packaged Foods subindustry, Wide Open Agriculture'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.


Wide Open Agriculture's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Wide Open Agriculture's Inventory-to-Revenue falls into.



Wide Open Agriculture 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.

Wide Open Agriculture'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 )
=( (3.252 + 1.953) / 2 ) / 12.046
=2.6025 / 12.046
=0.22

Wide Open Agriculture'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 )
=( (1.953 + 2.599) / 2 ) / 5.674
=2.276 / 5.674
=0.40

* 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.


Wide Open Agriculture  (ASX:WOA) 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.

Wide Open Agriculture'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
=2.276/5.009*365 / 2
=82.92

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

Wide Open Agriculture'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 )
=5.009 / 2.276
=2.20

* 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.


Wide Open Agriculture Inventory-to-Revenue Related Terms

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Wide Open Agriculture (ASX:WOA) Business Description

Traded in Other Exchanges
Address
1 Winton Street, Kewdale, WA, AUS, 6105
Wide Open Agriculture Ltd is an Australia-based regenerative food and agriculture company. The company is into the development of its farmland portfolio and its food brand, Dirty Clean Food, Buntine Protein, and Dirty Clean Food Oat Milk. The company generates the majority of its revenues from sales of Dirty Clean Food products.

Wide Open Agriculture (ASX:WOA) Headlines

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