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Eveready East Africa (NAI:EVRD) Inventory-to-Revenue : 1.06 (As of Sep. 2023)


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What is Eveready East Africa 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. Eveready East Africa's Average Total Inventories for the quarter that ended in Sep. 2023 was KES6.66 Mil. Eveready East Africa's Revenue for the six months ended in Sep. 2023 was KES6.30 Mil. Eveready East Africa's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.06.

Eveready East Africa's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (1.26) to Mar. 2023 (1.06)

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. Eveready East Africa's Days Inventory for the six months ended in Sep. 2023 was 146.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eveready East Africa's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.25.


Eveready East Africa Inventory-to-Revenue Historical Data

The historical data trend for Eveready East Africa'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.

Eveready East Africa Inventory-to-Revenue Chart

Eveready East Africa Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.28 0.32 0.21 0.54

Eveready East Africa Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.42 0.47 0.44 1.26 1.06

Competitive Comparison of Eveready East Africa's Inventory-to-Revenue

For the Industrial Distribution subindustry, Eveready East Africa'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.


Eveready East Africa's Inventory-to-Revenue Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Eveready East Africa's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Eveready East Africa's Inventory-to-Revenue falls into.



Eveready East Africa 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.

Eveready East Africa's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (A: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )
=( (15.652 + 2.545) / 2 ) / 16.811
=9.0985 / 16.811
=0.54

Eveready East Africa's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (10.779 + 2.545) / 2 ) / 6.304
=6.662 / 6.304
=1.06

* 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.


Eveready East Africa  (NAI:EVRD) 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.

Eveready East Africa's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=6.662/8.324*365 / 2
=146.06

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

Eveready East Africa's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=8.324 / 6.662
=1.25

* 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.


Eveready East Africa Inventory-to-Revenue Related Terms

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Eveready East Africa (NAI:EVRD) Business Description

Traded in Other Exchanges
N/A
Address
Mombasa Road, P.O. Box 30429, Sameer Industrial Park, Nairobi, KEN, 00100
Eveready East Africa PLC is Kenya-based firm. The company is mainly engaged in the production, distribution, and sales of portable power solutions. Its product portfolio is divided into three categories namely, Automotive comprises offree car batteries, battery water, and battery acid; Fabric comprises of Clorox and cleaning products; and Household dry cell batteries. The company offers its products under the brand name, TURBO, EVERCLEAN.

Eveready East Africa (NAI:EVRD) Headlines

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