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. Iluka Resources's Average Total Inventories for the quarter that ended in Dec. 2023 was $434.7 Mil. Iluka Resources's Revenue for the
six
months ended in Dec. 2023 was $365.2 Mil.
Iluka Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.19.
Iluka Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Jun. 2023 (0.79) to Jun. 2023 (1.19)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Iluka Resources's Days Inventory for the
six
months ended in Dec. 2023 was 777.27.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Iluka Resources's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.23.
Iluka Resources Inventory-to-Revenue Historical Data
The historical data trend for Iluka Resources'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 Iluka Resources's Inventory-to-Revenue
For the Other Industrial Metals & Mining subindustry, Iluka Resources'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.
Iluka Resources's Inventory-to-Revenue Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Iluka Resources's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Iluka Resources's Inventory-to-Revenue falls into.
Iluka Resources 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.
Iluka Resources's Inventory-to-Revenue for the fiscal year that ended in Dec. 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.
Iluka Resources's Days Inventory for the
six
months ended in Dec. 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.
Iluka Resources Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Iluka Resources's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Iluka Resources (Iluka Resources) Business Description
Iluka Resources is a leading global mineral sands miner. It is the largest global producer of zircon, and one of the largest producers of titanium dioxide feedstocks (rutile, synthetic rutile). Low zircon costs are underpinned by the high-grade Jacinth-Ambrosia mine in South Australia but reserve life is less than 10 years. A 20% shareholding in Deterra Royalties brings exposure to the high-quality Mining Area C iron ore royalty. Iluka is constructing its West Balranald rutile and zircon mine while also building a rare-earth refinery at Eneabba, which will be able to process Iluka's existing monazite stockpile as well as feed from third parties and future Iluka projects.
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