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Artgreen Co (NGO:3419) Inventory-to-Revenue : 0.23 (As of Apr. 2024)


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What is Artgreen Co 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. Artgreen Co's Average Total Inventories for the quarter that ended in Apr. 2024 was 円162 Mil. Artgreen Co's Revenue for the three months ended in Apr. 2024 was 円706 Mil. Artgreen Co's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.23.

Artgreen Co's Inventory-to-Revenue for the quarter that ended in Apr. 2024 declined from Jan. 2024 (0.27) to Jan. 2024 (0.23)

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. Artgreen Co's Days Inventory for the three months ended in Apr. 2024 was 36.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Artgreen Co's Inventory Turnover for the quarter that ended in Apr. 2024 was 2.51.


Artgreen Co Inventory-to-Revenue Historical Data

The historical data trend for Artgreen Co'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.

Artgreen Co Inventory-to-Revenue Chart

Artgreen Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.08 0.08 0.07 0.06

Artgreen Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 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 0.26 0.26 0.25 0.27 0.23

Competitive Comparison of Artgreen Co's Inventory-to-Revenue

For the Farm Products subindustry, Artgreen Co'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.


Artgreen Co's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

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

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



Artgreen Co 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.

Artgreen Co's Inventory-to-Revenue for the fiscal year that ended in Oct. 2023 is calculated as

Inventory-to-Revenue (A: Oct. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )
=( (160.993 + 150.148) / 2 ) / 2484.559
=155.5705 / 2484.559
=0.06

Artgreen Co'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: Jan. 2024 ) + Total Inventories (Q: Apr. 2024 )) / count ) / Revenue (Q: Apr. 2024 )
=( (165.27 + 158.224) / 2 ) / 705.828
=161.747 / 705.828
=0.23

* 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.


Artgreen Co  (NGO:3419) 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.

Artgreen Co's Days Inventory for the three 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
=161.747/406.431*365 / 4
=36.31

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

Artgreen Co'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 )
=406.431 / 161.747
=2.51

* 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.


Artgreen Co Inventory-to-Revenue Related Terms

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Artgreen Co Business Description

Traded in Other Exchanges
N/A
Address
Fukuzumi Building 1-8-8 Fukuzumi, Koto Ward, Tokyo, JPN, 135-0032
Artgreen Co Ltd is specialized in flower business and offers various services ranging from seed production, sales, distribution. It is a supplier and grower of orchid seeds and other seedlings. It is engaged in the importing and marketing of flower. It also produces the artificial flower.

Artgreen Co Headlines

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