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Synlait Milk (NZSE:SML) Inventory-to-Revenue : 0.27 (As of Jul. 2024)


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What is Synlait Milk 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. Synlait Milk's Average Total Inventories for the quarter that ended in Jul. 2024 was NZ$263 Mil. Synlait Milk's Revenue for the six months ended in Jul. 2024 was NZ$984 Mil. Synlait Milk's Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 0.27.

Synlait Milk's Inventory-to-Revenue for the quarter that ended in Jul. 2024 declined from Jan. 2024 (0.43) to Jan. 2024 (0.27)

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. Synlait Milk's Days Inventory for the six months ended in Jul. 2024 was 52.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Synlait Milk's Inventory Turnover for the quarter that ended in Jul. 2024 was 3.46.


Synlait Milk Inventory-to-Revenue Historical Data

The historical data trend for Synlait Milk'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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Synlait Milk Inventory-to-Revenue Chart

Synlait Milk Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Inventory-to-Revenue
Get a 7-Day Free Trial 0.17 0.20 0.15 0.18 0.14

Synlait Milk Semi-Annual Data
Jan14 Jan15 Jan16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 0.33 0.46 0.65 0.43 0.27

Competitive Comparison of Synlait Milk's Inventory-to-Revenue

For the Packaged Foods subindustry, Synlait Milk'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.


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

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

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



Synlait Milk 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.

Synlait Milk's Inventory-to-Revenue for the fiscal year that ended in Jul. 2024 is calculated as

Inventory-to-Revenue (A: Jul. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jul. 2023 ) + Total Inventories (A: Jul. 2024 )) / count ) / Revenue (A: Jul. 2024 )
=( (250.252 + 209.702) / 2 ) / 1636.858
=229.977 / 1636.858
=0.14

Synlait Milk's Inventory-to-Revenue for the quarter that ended in Jul. 2024 is calculated as

Inventory-to-Revenue (Q: Jul. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jan. 2024 ) + Total Inventories (Q: Jul. 2024 )) / count ) / Revenue (Q: Jul. 2024 )
=( (316.261 + 209.702) / 2 ) / 983.969
=262.9815 / 983.969
=0.27

* 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.


Synlait Milk  (NZSE:SML) 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.

Synlait Milk's Days Inventory for the six months ended in Jul. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2024 )/Cost of Goods Sold (Q: Jul. 2024 )*Days in Period
=262.9815/909.275*365 / 2
=52.78

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

Synlait Milk's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2024 ) / Average Total Inventories (Q: Jul. 2024 )
=909.275 / 262.9815
=3.46

* 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.


Synlait Milk Inventory-to-Revenue Related Terms

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Synlait Milk Business Description

Traded in Other Exchanges
Address
1028 Heslerton Road, RD13, Rakaia, STL, NZL, 7783
Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. Its segment are Synlait and Dairyworks, out of which it derives maximum revenue from Synlait segment.

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