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Greenfern Industries (NZSE:GFI) Inventory-to-Revenue : 0.04 (As of Mar. 2023)


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What is Greenfern Industries 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. Greenfern Industries's Average Total Inventories for the quarter that ended in Mar. 2023 was NZ$0.02 Mil. Greenfern Industries's Revenue for the six months ended in Mar. 2023 was NZ$0.55 Mil. Greenfern Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.04.

Greenfern Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2023 increased from Mar. 2022 (0.00) to Mar. 2022 (0.04)

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. Greenfern Industries's Days Inventory for the six months ended in Mar. 2023 was 68.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Greenfern Industries's Inventory Turnover for the quarter that ended in Mar. 2023 was 2.67.


Greenfern Industries Inventory-to-Revenue Historical Data

The historical data trend for Greenfern Industries'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.

Greenfern Industries Inventory-to-Revenue Chart

Greenfern Industries Annual Data
Trend Mar22 Mar23
Inventory-to-Revenue
- 0.04

Greenfern Industries Semi-Annual Data
Mar22 Mar23
Inventory-to-Revenue - 0.04

Competitive Comparison of Greenfern Industries's Inventory-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Greenfern Industries'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.


Greenfern Industries's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Greenfern Industries's Inventory-to-Revenue distribution charts can be found below:

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



Greenfern Industries 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.

Greenfern Industries's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (0 + 0.024) / 1 ) / 0.551
=0.024 / 0.551
=0.04

Greenfern Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (Q: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Revenue (Q: Mar. 2023 )
=( (0 + 0.024) / 1 ) / 0.551
=0.024 / 0.551
=0.04

* 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.


Greenfern Industries  (NZSE:GFI) 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.

Greenfern Industries's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=0.024/0.064*365 / 2
=68.44

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

Greenfern Industries's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=0.064 / 0.024
=2.67

* 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.


Greenfern Industries Inventory-to-Revenue Related Terms

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Greenfern Industries (NZSE:GFI) Business Description

Traded in Other Exchanges
N/A
Address
115 Queen Street, Level 8, General Capital House, Auckland, NTL, NZL, 1040
Greenfern Industries Ltd is committed to the environmentally friendly production of medicinal cannabis and hemp-based products. It operates in two segments, Cannabis and therapeutics products the operations of this segment reflect the activities of manufacture and distribution of cannabis products, Electricity generation this segment includes the generation and distribution of electricity. The hemp seed and its by-products are used for a range of different products from a high protein ingredient in a plant-based meat substitute, a hemp-based skincare range, and hemp-based beverages amongst other things.