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Angling Direct (LSE:ANG) Inventory-to-Revenue : 0.44 (As of Jul. 2023)


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What is Angling Direct 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. Angling Direct's Average Total Inventories for the quarter that ended in Jul. 2023 was £18.91 Mil. Angling Direct's Revenue for the six months ended in Jul. 2023 was £43.34 Mil. Angling Direct's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.44.

Angling Direct's Inventory-to-Revenue for the quarter that ended in Jul. 2023 declined from Jan. 2023 (0.50) to Jan. 2023 (0.44)

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. Angling Direct's Days Inventory for the six months ended in Jul. 2023 was 122.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Angling Direct's Inventory Turnover for the quarter that ended in Jul. 2023 was 1.49.


Angling Direct Inventory-to-Revenue Historical Data

The historical data trend for Angling Direct'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.

Angling Direct Inventory-to-Revenue Chart

Angling Direct Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.19 0.21 0.19 0.20 0.23

Angling Direct Semi-Annual Data
Jan15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 0.37 0.47 0.44 0.50 0.44

Competitive Comparison of Angling Direct's Inventory-to-Revenue

For the Specialty Retail subindustry, Angling Direct'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.


Angling Direct's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Angling Direct's Inventory-to-Revenue distribution charts can be found below:

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



Angling Direct 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.

Angling Direct's Inventory-to-Revenue for the fiscal year that ended in Jan. 2023 is calculated as

Inventory-to-Revenue (A: Jan. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jan. 2022 ) + Total Inventories (A: Jan. 2023 )) / count ) / Revenue (A: Jan. 2023 )
=( (16.273 + 17.813) / 2 ) / 74.096
=17.043 / 74.096
=0.23

Angling Direct's Inventory-to-Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue (Q: Jul. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jan. 2023 ) + Total Inventories (Q: Jul. 2023 )) / count ) / Revenue (Q: Jul. 2023 )
=( (17.813 + 20.013) / 2 ) / 43.341
=18.913 / 43.341
=0.44

* 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.


Angling Direct  (LSE:ANG) 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.

Angling Direct's Days Inventory for the six months ended in Jul. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2023 )/Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=18.913/28.149*365 / 2
=122.62

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

Angling Direct's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2023 ) / Average Total Inventories (Q: Jul. 2023 )
=28.149 / 18.913
=1.49

* 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.


Angling Direct Inventory-to-Revenue Related Terms

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Angling Direct (LSE:ANG) Business Description

Traded in Other Exchanges
N/A
Address
2D Wendover Road, Rackheath Industrial Estate, Rackheath, Norwich, Norfolk, GBR, NR13 6LH
Angling Direct PLC is a United Kingdom-based fishing tackle retailer company. The company is engaged in the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles. The company operates into two operating segments: Stores and Online. The company derives revenue from Retail store sales and E-commerce and also sells baits, additives, sunglasses, waders, boots, seat box accessories, buckets, rod pods, nets, indicators, reels, umbrellas, and other products and services. The company operates in the UK.

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