African And Overseas Enterprises (JSE:AOVP) Inventory-to-Revenue : 0.38 (As of Dec. 2023)

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What is African And Overseas Enterprises 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. African And Overseas Enterprises's Average Total Inventories for the quarter that ended in Dec. 2023 was R146.8 Mil. African And Overseas Enterprises's Revenue for the six months ended in Dec. 2023 was R385.4 Mil. African And Overseas Enterprises's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

African And Overseas Enterprises's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.45) to Jun. 2023 (0.38)

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. African And Overseas Enterprises's Days Inventory for the six months ended in Dec. 2023 was 130.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. African And Overseas Enterprises's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.40.

African And Overseas Enterprises Inventory-to-Revenue Historical Data

The historical data trend for African And Overseas Enterprises'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.

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African And Overseas Enterprises Inventory-to-Revenue Chart

African And Overseas Enterprises Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory-to-Revenue

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0.14

0.19

0.21

0.17

0.19

African And Overseas Enterprises Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.27	0.35	0.35	0.45	0.38

Competitive Comparison of African And Overseas Enterprises's Inventory-to-Revenue

For the Apparel Retail subindustry, African And Overseas Enterprises'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.

African And Overseas Enterprises's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, African And Overseas Enterprises's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where African And Overseas Enterprises's Inventory-to-Revenue falls into.

African And Overseas Enterprises Inventory-to-Revenue Calculation

African And Overseas Enterprises's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory-to-Revenue (A: Jun. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )
=	( (124.96	+	152.023)	/	2 )	/	719.621
=	138.4915					/	719.621
=	0.19

African And Overseas Enterprises'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (152.023	+	141.67)	/	2 )	/	385.385
=	146.8465					/	385.385
=	0.38

African And Overseas Enterprises (JSE:AOVP) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

African And Overseas Enterprises's Days Inventory for the six 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
	=	146.8465	/	206.127	*	365 / 2
	=	130.01

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

African And Overseas Enterprises'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 )
	=	206.127	/	146.8465
	=	1.40

African And Overseas Enterprises Inventory-to-Revenue Related Terms

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African And Overseas Enterprises (JSE:AOVP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » African And Overseas Enterprises Ltd (JSE:AOVP) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

AON:South Africa

Address

263 Victoria Road, Rex Trueform Office Park, Salt River,, Cape Town, WC, ZAF, 7925

Website

https://www.rextrueform.com

African And Overseas Enterprises Ltd is an investment holding company. The company operates in five segments: Retail division comprises the retailing of fashion apparel through Queenspark stores in South Africa. Property division comprises of the group's property portfolio based in Cape Town which includes both investment and owner-occupied properties.; Water infrastructure segment comprises an indirect investment made in a private water and wastewater utility group operating in the South African provinces of Mpumalanga and KwaZulu-Natal, Media and broadcasting comprises the provision of media and satellite equipment and services through Telemedia, and the Group Services division manages the corporate responsibility and includes corporate costs. The Retail Segment derives maximum revenue.

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