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Fly Play hf (OISE:PLAY) Inventory-to-Revenue : 0.01 (As of Sep. 2023)


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What is Fly Play hf 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. Fly Play hf's Average Total Inventories for the quarter that ended in Sep. 2023 was kr101 Mil. Fly Play hf's Revenue for the three months ended in Sep. 2023 was kr15,324 Mil. Fly Play hf's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.01.

Fly Play hf's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Jun. 2023 (0.01) to Jun. 2023 (0.01)

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. Fly Play hf's Days Inventory for the three months ended in Sep. 2023 was 0.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fly Play hf's Inventory Turnover for the quarter that ended in Sep. 2023 was 125.58.


Fly Play hf Inventory-to-Revenue Historical Data

The historical data trend for Fly Play hf'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.

Fly Play hf Inventory-to-Revenue Chart

Fly Play hf Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
- - 0.02 -

Fly Play hf Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.01 0.02 0.02 0.01 0.01

Competitive Comparison of Fly Play hf's Inventory-to-Revenue

For the Airlines subindustry, Fly Play hf'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.


Fly Play hf's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fly Play hf's Inventory-to-Revenue distribution charts can be found below:

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



Fly Play hf 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.

Fly Play hf's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (39.223 + 113.915) / 2 ) / 19459.513
=76.569 / 19459.513
=0.00

Fly Play hf'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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (138.534 + 63.286) / 2 ) / 15323.953
=100.91 / 15323.953
=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.


Fly Play hf  (OISE:PLAY) 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.

Fly Play hf's Days Inventory for the three 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
=100.91/12672.76*365 / 4
=0.73

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

Fly Play hf'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 )
=12672.76 / 100.91
=125.58

* 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.


Fly Play hf Inventory-to-Revenue Related Terms

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Fly Play hf (OISE:PLAY) Business Description

Traded in Other Exchanges
N/A
Address
Suourlandsbraut 14, Reykjavik, ISL, 108
Fly Play hf is a low-cost airline operating flights between Iceland and Europe using Keflavik International Airport as a hub to facilitate connections for passengers, and cargo.