GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sea Harvest Group Ltd (JSE:SHG) » Definitions » Inventory-to-Revenue

Sea Harvest Group (JSE:SHG) Inventory-to-Revenue : 0.39 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Sea Harvest Group 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. Sea Harvest Group's Average Total Inventories for the quarter that ended in Dec. 2023 was R1,161 Mil. Sea Harvest Group's Revenue for the six months ended in Dec. 2023 was R3,002 Mil. Sea Harvest Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.

Sea Harvest Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.35) to Jun. 2023 (0.39)

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. Sea Harvest Group's Days Inventory for the six months ended in Dec. 2023 was 93.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sea Harvest Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.95.


Sea Harvest Group Inventory-to-Revenue Historical Data

The historical data trend for Sea Harvest Group'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.

Sea Harvest Group Inventory-to-Revenue Chart

Sea Harvest Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.16 0.19 0.18 0.18

Sea Harvest Group Semi-Annual Data
Dec14 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 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 0.37 0.39 0.35 0.35 0.39

Competitive Comparison of Sea Harvest Group's Inventory-to-Revenue

For the Farm Products subindustry, Sea Harvest Group'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.


Sea Harvest Group's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sea Harvest Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sea Harvest Group's Inventory-to-Revenue falls into.



Sea Harvest Group 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.

Sea Harvest Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (1091.106 + 1152.786) / 2 ) / 6204.776
=1121.946 / 6204.776
=0.18

Sea Harvest Group'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 )
=( (1168.387 + 1152.786) / 2 ) / 3002.137
=1160.5865 / 3002.137
=0.39

* 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.


Sea Harvest Group  (JSE:SHG) 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.

Sea Harvest Group'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
=1160.5865/2268.516*365 / 2
=93.37

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

Sea Harvest Group'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 )
=2268.516 / 1160.5865
=1.95

* 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.


Sea Harvest Group Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Sea Harvest Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Sea Harvest Group (JSE:SHG) Business Description

Traded in Other Exchanges
N/A
Address
Searle Street, 1st Floor, Block C, The Boulevard Office Park, Woodstock, Cape Town, ZAF, 7925
Sea Harvest Group Ltd is engaged in the fishing of Cape Hake and Shark Bay Prawns along with Horse Mackerel, Pilchards, Anchovies, and a variety of farmed species, processing of the catch into frozen and chilled seafood, and the marketing of these products, locally and internationally. It operates in four segments: South African Fishing, Australian operation, Aquaculture, and Cape Harvest Foods segments." The majority of its revenue comes from the South African Fishing segment.