GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » EnviroMetal Technologies Inc (OTCPK:EVLLF) » Definitions » Inventory-to-Revenue

EnviroMetal Technologies (EnviroMetal Technologies) Inventory-to-Revenue : 0.00 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is EnviroMetal Technologies 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. EnviroMetal Technologies's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.14 Mil. EnviroMetal Technologies's Revenue for the three months ended in Dec. 2023 was $0.00 Mil.

EnviroMetal Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 stayed the same from Sep. 2023 (0.00) to Sep. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EnviroMetal Technologies's Days Inventory for the three months ended in Dec. 2023 was 303.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. EnviroMetal Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.30.


EnviroMetal Technologies Inventory-to-Revenue Historical Data

The historical data trend for EnviroMetal Technologies'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.

EnviroMetal Technologies Inventory-to-Revenue Chart

EnviroMetal Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 3.86 1.21 13.65 0.65 -

EnviroMetal Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of EnviroMetal Technologies's Inventory-to-Revenue

For the Gold subindustry, EnviroMetal Technologies'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.


EnviroMetal Technologies's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, EnviroMetal Technologies's Inventory-to-Revenue distribution charts can be found below:

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



EnviroMetal Technologies 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.

EnviroMetal Technologies's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0.177 + 0) / 1 ) / 0
=0.177 / 0
=N/A

EnviroMetal Technologies'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0.143 + 0) / 1 ) / 0
=0.143 / 0
=

* 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.


EnviroMetal Technologies  (OTCPK:EVLLF) 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.

EnviroMetal Technologies's Days Inventory for the three 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
=0.143/0.043*365 / 4
=303.46

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

EnviroMetal Technologies'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 )
=0.043 / 0.143
=0.30

* 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.


EnviroMetal Technologies Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of EnviroMetal Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


EnviroMetal Technologies (EnviroMetal Technologies) Business Description

Traded in Other Exchanges
Address
208-6741 Cariboo Road, Burnaby, BC, CAN, V3N 4A3
EnviroMetal Technologies Inc is engaged in the development and commercialization of environmentally friendly formulas and technologies for the treatment of materials in the primary and secondary metals sectors. Using its proprietary non-cyanide, water-based, neutral pH treatment process EnviroMetal extracts precious metals from ores, concentrates and E-Waste.