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. Numinus Wellness's Average Total Inventories for the quarter that ended in May. 2024 was €0.00 Mil. Numinus Wellness's Revenue for the
three
months ended in May. 2024 was €2.94 Mil.
Numinus Wellness's Inventory-to-Revenue for the quarter that ended in May. 2024 was 0.00.
Numinus Wellness's Inventory-to-Revenue for the quarter that ended in May. 2024
stayed the same
from Feb. 2024 (0.00) to Feb. 2024 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Numinus Wellness's Days Inventory for the
three
months ended in May. 2024 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Numinus Wellness Inventory-to-Revenue Historical Data
The historical data trend for Numinus Wellness'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.
Competitive Comparison of Numinus Wellness's Inventory-to-Revenue
For the Medical Care Facilities subindustry, Numinus Wellness'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.
Numinus Wellness's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Numinus Wellness's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Numinus Wellness's Inventory-to-Revenue falls into.
Numinus Wellness 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.
Numinus Wellness's Inventory-to-Revenue for the fiscal year that ended in Aug. 2023 is calculated as
* 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.
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.
Numinus Wellness's Days Inventory for the
three
months ended in May. 2024 is calculated as:
* 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.
Numinus Wellness Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Numinus Wellness's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Numinus Wellness Inc develops proprietary, psychedelic-centered, therapeutic products and services through its laboratory and research & development processes. The company's clinic network consists of Numinus Health, Mindspace Services, and the Neurology Center of Toronto. Its services include Ketamine-assisted psychotherapy for depression, neurological care, psychotherapy, and counseling by registered psychologists among others. The company's operating segments are; Clinical research operations, Canadian clinic network, US clinic network and Corporate. The majority of the revenue for the company is generated from US clinic network segment. Geographically, the company has its presence in United States and Canada.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:LR23 has been successfully added to your 