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Radius Residential Care (NZSE:RAD) Inventory-to-Revenue : 0.01 (As of Sep. 2023)


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What is Radius Residential Care 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. Radius Residential Care's Average Total Inventories for the quarter that ended in Sep. 2023 was NZ$0.7 Mil. Radius Residential Care's Revenue for the six months ended in Sep. 2023 was NZ$76.4 Mil. Radius Residential Care's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.01.

Radius Residential Care's Inventory-to-Revenue for the quarter that ended in Sep. 2023 stayed the same from Mar. 2023 (0.01) to Mar. 2023 (0.01)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year. Radius Residential Care's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.00.


Radius Residential Care Inventory-to-Revenue Historical Data

The historical data trend for Radius Residential Care'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.

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Radius Residential Care Inventory-to-Revenue Chart

Radius Residential Care Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
- - 0.01 0.01

Radius Residential Care Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Radius Residential Care's Inventory-to-Revenue

For the Medical Care Facilities subindustry, Radius Residential Care'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.


Radius Residential Care's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Radius Residential Care's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Radius Residential Care's Inventory-to-Revenue falls into.



Radius Residential Care 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.

Radius Residential Care'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 )
=( (0.768 + 0.753) / 2 ) / 146.268
=0.7605 / 146.268
=0.01

Radius Residential Care'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 )
=( (0.753 + 0.708) / 2 ) / 76.361
=0.7305 / 76.361
=0.01

* 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.


Radius Residential Care  (NZSE:RAD) 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.

Radius Residential Care'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
=0.7305/0*365 / 2
=

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

Radius Residential Care'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 )
=0 / 0.7305
=0.00

* 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.


Radius Residential Care Inventory-to-Revenue Related Terms

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Radius Residential Care (NZSE:RAD) Business Description

Traded in Other Exchanges
N/A
Address
56 Parnell Road, Level 4, Parnell, Auckland, NTL, NZL, 1052
Radius Residential Care Ltd is a health and aged care provider for elderly and disabled people. The company provides residential care, hospital care, dementia care, respite care, and palliative care. The Company operates in one operating segment being the provision of aged care in New Zealand. Also, the company provides Young Disabled Care services, for those under 65 who require assistance with self-care, mobility and/or communication.

Radius Residential Care (NZSE:RAD) Headlines

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