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Vast Resources (LSE:VAST) Inventory-to-Revenue : 4.18 (As of Apr. 2024)


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What is Vast Resources 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. Vast Resources's Average Total Inventories for the quarter that ended in Apr. 2024 was £0.79 Mil. Vast Resources's Revenue for the six months ended in Apr. 2024 was £0.19 Mil. Vast Resources's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 4.18.

Vast Resources's Inventory-to-Revenue for the quarter that ended in Apr. 2024 increased from Oct. 2023 (0.58) to Oct. 2023 (4.18)

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. Vast Resources's Days Inventory for the six months ended in Apr. 2024 was 39.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vast Resources's Inventory Turnover for the quarter that ended in Apr. 2024 was 4.66.


Vast Resources Inventory-to-Revenue Historical Data

The historical data trend for Vast 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.

* Premium members only.

Vast Resources Inventory-to-Revenue Chart

Vast Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Apr20 Apr21 Apr22 Apr23 Apr24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.82 0.23 0.24 0.44

Vast Resources Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 Premium Member Only 0.29 0.51 0.65 0.58 4.18

Competitive Comparison of Vast Resources's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Vast 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.


Vast Resources's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vast Resources's Inventory-to-Revenue distribution charts can be found below:

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



Vast 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.

Vast Resources's Inventory-to-Revenue for the fiscal year that ended in Apr. 2024 is calculated as

Inventory-to-Revenue (A: Apr. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Apr. 2023 ) + Total Inventories (A: Apr. 2024 )) / count ) / Revenue (A: Apr. 2024 )
=( (0.781 + 0.658) / 2 ) / 1.619
=0.7195 / 1.619
=0.44

Vast Resources's Inventory-to-Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue (Q: Apr. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Apr. 2024 )) / count ) / Revenue (Q: Apr. 2024 )
=( (0.914 + 0.658) / 2 ) / 0.188
=0.786 / 0.188
=4.18

* 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.


Vast Resources  (LSE:VAST) 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.

Vast Resources's Days Inventory for the six months ended in Apr. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2024 )/Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=0.786/3.664*365 / 2
=39.15

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

Vast Resources's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2024 ) / Average Total Inventories (Q: Apr. 2024 )
=3.664 / 0.786
=4.66

* 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.


Vast Resources Inventory-to-Revenue Related Terms

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Vast Resources Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, Ben Harber, London, GBR, EC3V 0HR
Vast Resources PLC is focused on key mining opportunities in Romania, Zimbabwe and Tajikistan. The Group operates in one business segment, the development and mining of mineral assets. It is a resource development company producing copper concentrate, zinc concentrate and gold and silver concentrate from Manaila Polymetallic Mine based at Romania. It has interest in the underground mine, Baita Plai, which is a skarn deposit comprising veins in calcareous sediments in approximately eight distinct pipes. The geographical segments of the company includes Europe and Central Asia and Southern Africa. It has earned revenue from Europe and Central Asia.

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