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HYTNF (HYTN Innovations) Inventory-to-Revenue : 0.86 (As of Dec. 2024)


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What is HYTN Innovations 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. HYTN Innovations's Average Total Inventories for the quarter that ended in Dec. 2024 was $0.12 Mil. HYTN Innovations's Revenue for the three months ended in Dec. 2024 was $0.14 Mil. HYTN Innovations's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.86.

HYTN Innovations's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Sep. 2024 (1.80) to Sep. 2024 (0.86)

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. HYTN Innovations's Days Inventory for the three months ended in Dec. 2024 was 140.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. HYTN Innovations's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.65.


HYTN Innovations Inventory-to-Revenue Historical Data

The historical data trend for HYTN Innovations'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.

HYTN Innovations Inventory-to-Revenue Chart

HYTN Innovations Annual Data
Trend Sep19 Sep20 Jan21 Jan22 Sep23 Sep24
Inventory-to-Revenue
Get a 7-Day Free Trial - - - 0.39 0.27

HYTN Innovations Quarterly Data
Sep19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.43 1.93 0.71 1.80 0.86

Competitive Comparison of HYTN Innovations's Inventory-to-Revenue

For the Beverages - Non-Alcoholic subindustry, HYTN Innovations'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.


HYTN Innovations's Inventory-to-Revenue Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, HYTN Innovations's Inventory-to-Revenue distribution charts can be found below:

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


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HYTN Innovations 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.

HYTN Innovations's Inventory-to-Revenue for the fiscal year that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (A: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )
=( (0.222 + 0.12) / 2 ) / 0.628
=0.171 / 0.628
=0.27

HYTN Innovations's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (0.12 + 0.117) / 2 ) / 0.138
=0.1185 / 0.138
=0.86

* 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.


HYTN Innovations  (OTCPK:HYTNF) 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.

HYTN Innovations's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0.1185/0.077*365 / 4
=140.43

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

HYTN Innovations's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=0.077 / 0.1185
=0.65

* 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.


HYTN Innovations Inventory-to-Revenue Related Terms

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HYTN Innovations Business Description

Traded in Other Exchanges
Address
890 Clement Avenue, Unit 303, Kelowna, BC, CAN, V1Y 7E4
HYTN Innovations Inc formulates, manufactures, markets, and sells premium cannabis goods. The company generates revenue from the sale of cannabis-related products such as Cannabis-beverage sales, Cannabis - flower sales, Cannabis - edible sales. The majority of revenue is generated from Cannabis - beverage sales.

HYTN Innovations Headlines