Scales (NZSE:SCL) Inventory-to-Revenue : 0.32 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Scales 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. Scales's Average Total Inventories for the quarter that ended in Dec. 2023 was NZ$81.6 Mil. Scales's Revenue for the six months ended in Dec. 2023 was NZ$259.1 Mil. Scales's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.

Scales's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.29) to Jun. 2023 (0.32)

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.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scales's Inventory Turnover for the quarter that ended in Dec. 2023 was -0.96.

Scales Inventory-to-Revenue Historical Data

The historical data trend for Scales'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.

Scales Inventory-to-Revenue Chart

Scales Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

Get a 7-Day Free Trial

0.10

0.11

0.10

0.11

Scales Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.31	0.29	0.31	0.29	0.32

Competitive Comparison of Scales's Inventory-to-Revenue

For the Packaged Foods subindustry, Scales'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.

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

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

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

Scales Inventory-to-Revenue Calculation

Scales's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (67.796	+	53.765)	/	2 )	/	570.145
=	60.7805					/	570.145
=	0.11

Scales's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (109.412	+	53.765)	/	2 )	/	259.089
=	81.5885					/	259.089
=	0.31

Scales (NZSE:SCL) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Scales's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	81.5885	/	-78.076	*	365 / 2
	=

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

Scales's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	-78.076	/	81.5885
	=	-0.96

Scales Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Scales's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Scales (NZSE:SCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Scales Corp Ltd (NZSE:SCL) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

S05:Germany

Address

52 Cashel Street, Christchurch, NZL, 8013

Website

https://www.scalescorporation.co.nz

Scales Corp Ltd is a company engaged in agribusiness activities. It provides logistics services, grows apples, export products, provides insurance services to companies within the group, and operates logistics facilities. The operating segments of the group are Global Proteins, Horticulture, Logistics, and Others. Geographically, the company has its presence in Australia, New Zealand, USA and Others.