NoHo (DRNK) Inventory-to-Revenue : 7.83 (As of Jun. 2017)

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What is NoHo 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. NoHo's Average Total Inventories for the quarter that ended in Jun. 2017 was $0.16 Mil. NoHo's Revenue for the three months ended in Jun. 2017 was $0.02 Mil. NoHo's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 7.83.

NoHo's Inventory-to-Revenue for the quarter that ended in Jun. 2017 declined from Mar. 2017 (13.46) to Mar. 2017 (7.83)

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. NoHo's Days Inventory for the three months ended in Jun. 2017 was 1,586.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. NoHo's Inventory Turnover for the quarter that ended in Jun. 2017 was 0.06.

NoHo Inventory-to-Revenue Historical Data

The historical data trend for NoHo'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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NoHo Inventory-to-Revenue Chart

NoHo Annual Data

Trend

Oct11

Oct12

Dec13

Dec14

Dec15

Dec16

Inventory-to-Revenue

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0.16

0.21

0.53

NoHo Quarterly Data
	Jan12	Apr12	Jul12	Oct12	Jan13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Jun15	Sep15	Dec15	Jun16	Dec16	Mar17	Jun17
Inventory-to-Revenue	Get a 7-Day Free Trial														24.80	57.08	-	13.46	7.83

Competitive Comparison of NoHo's Inventory-to-Revenue

For the Specialty Chemicals subindustry, NoHo'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.

NoHo's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, NoHo's Inventory-to-Revenue distribution charts can be found below:

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

NoHo Inventory-to-Revenue Calculation

NoHo's Inventory-to-Revenue for the fiscal year that ended in Dec. 2016 is calculated as

	Inventory-to-Revenue (A: Dec. 2016 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Revenue (A: Dec. 2016 )
=	( (0.372	+	0.162)	/	2 )	/	0
=	0.267					/	0
=	N/A

NoHo's Inventory-to-Revenue for the quarter that ended in Jun. 2017 is calculated as

	Inventory-to-Revenue (Q: Jun. 2017 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Mar. 2017 )	+	Total Inventories (Q: Jun. 2017 ))	/	count )	/	Revenue (Q: Jun. 2017 )
=	( (0.161	+	0.152)	/	2 )	/	0.02
=	0.1565					/	0.02
=	7.83

NoHo (OTCPK:DRNK) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

NoHo's Days Inventory for the three months ended in Jun. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2017 )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
	=	0.1565	/	0.009	*	365 / 4
	=	1,586.74

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

NoHo's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2017 )	/	Average Total Inventories (Q: Jun. 2017 )
	=	0.009	/	0.1565
	=	0.06

NoHo Inventory-to-Revenue Related Terms

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NoHo (DRNK) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

4701 Orange Dr, Building 19 Unit 28, Davie, Miami, FL, USA, 85258

Website

https://www.smogarmor.com

NoHo Inc develops, markets, sells and distributes a lifestyle beverage category product NOHO, a beverage for hangover defense. The company purchases raw materials and outsources manufacturing to a third party.