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. Hempacco Co's Average Total Inventories for the quarter that ended in Sep. 2023 was $1.05 Mil. Hempacco Co's Revenue for the
three
months ended in Sep. 2023 was $1.33 Mil.
Hempacco Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.79.
Hempacco Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023
declined
from Jun. 2023 (3.91) to Jun. 2023 (0.79)
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.
Hempacco Co's Days Inventory for the
three
months ended in Sep. 2023 was 54.11.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hempacco Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.69.
Hempacco Co Inventory-to-Revenue Historical Data
The historical data trend for Hempacco Co'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 Hempacco Co's Inventory-to-Revenue
For the Tobacco subindustry, Hempacco Co'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.
Hempacco Co's Inventory-to-Revenue Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Hempacco Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Hempacco Co's Inventory-to-Revenue falls into.
Hempacco Co 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.
Hempacco Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 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.
Hempacco Co (NAS:HPCO) 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.
Hempacco Co's Days Inventory for the
three
months ended in Sep. 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.
Hempacco Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Hempacco Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.
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