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High Coast Distillery AB (OSTO:HIGHCO B) Inventory-to-Revenue : 11.81 (As of Mar. 2024)


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What is High Coast Distillery AB 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. High Coast Distillery AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr123.16 Mil. High Coast Distillery AB's Revenue for the three months ended in Mar. 2024 was kr10.43 Mil. High Coast Distillery AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 11.81.

High Coast Distillery AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (8.23) to Dec. 2023 (11.81)

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. High Coast Distillery AB's Inventory Turnover for the quarter that ended in Mar. 2024 was -0.01.


High Coast Distillery AB Inventory-to-Revenue Historical Data

The historical data trend for High Coast Distillery AB'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.

High Coast Distillery AB Inventory-to-Revenue Chart

High Coast Distillery AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
1.60 1.31 1.51 1.90

High Coast Distillery AB Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.16 6.15 6.94 8.23 11.81

Competitive Comparison of High Coast Distillery AB's Inventory-to-Revenue

For the Beverages - Wineries & Distilleries subindustry, High Coast Distillery AB'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.


High Coast Distillery AB's Inventory-to-Revenue Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, High Coast Distillery AB's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where High Coast Distillery AB's Inventory-to-Revenue falls into.



High Coast Distillery AB 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.

High Coast Distillery AB'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 )
=( (99.558 + 120.191) / 2 ) / 57.752
=109.8745 / 57.752
=1.90

High Coast Distillery AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (120.191 + 126.12) / 2 ) / 10.428
=123.1555 / 10.428
=11.81

* 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.


High Coast Distillery AB  (OSTO:HIGHCO B) 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.

High Coast Distillery AB's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=123.1555/-1.509*365 / 4
=

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

High Coast Distillery AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=-1.509 / 123.1555
=-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.


High Coast Distillery AB Inventory-to-Revenue Related Terms

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High Coast Distillery AB (OSTO:HIGHCO B) Business Description

Traded in Other Exchanges
N/A
Address
Sörviken 140, Bjärtrå, SWE, 872 96
High Coast Distillery AB (publ) manufactures, stores, bottles, markets and sells single malt whiskey.

High Coast Distillery AB (OSTO:HIGHCO B) Headlines

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