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Resqunit AB (OSTO:RESQ) Inventory-to-Revenue : 2.60 (As of Jun. 2023)


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What is Resqunit 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. Resqunit AB's Average Total Inventories for the quarter that ended in Jun. 2023 was kr1.53 Mil. Resqunit AB's Revenue for the six months ended in Jun. 2023 was kr0.59 Mil. Resqunit AB's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 2.60.

Resqunit AB's Inventory-to-Revenue for the quarter that ended in Jun. 2023 increased from Dec. 2022 (2.11) to Dec. 2022 (2.60)

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. Resqunit AB's Days Inventory for the six months ended in Jun. 2023 was 653.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Resqunit AB's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.28.


Resqunit AB Inventory-to-Revenue Historical Data

The historical data trend for Resqunit 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.

Resqunit AB Inventory-to-Revenue Chart

Resqunit AB Annual Data
Trend Dec21 Dec22
Inventory-to-Revenue
- 1.58

Resqunit AB Semi-Annual Data
Jun21 Jun22 Dec22 Jun23
Inventory-to-Revenue - 7.23 2.11 2.60

Competitive Comparison of Resqunit AB's Inventory-to-Revenue

For the Pollution & Treatment Controls subindustry, Resqunit 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.


Resqunit AB's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Resqunit AB's Inventory-to-Revenue distribution charts can be found below:

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



Resqunit 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.

Resqunit AB'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 )
=( (0.145 + 0.929) / 2 ) / 0.34
=0.537 / 0.34
=1.58

Resqunit AB's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (0.929 + 2.129) / 2 ) / 0.588
=1.529 / 0.588
=2.60

* 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.


Resqunit AB  (OSTO:RESQ) 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.

Resqunit AB's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=1.529/0.427*365 / 2
=653.50

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

Resqunit AB's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=0.427 / 1.529
=0.28

* 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.


Resqunit AB Inventory-to-Revenue Related Terms

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Resqunit AB (OSTO:RESQ) Business Description

Traded in Other Exchanges
N/A
Address
Grenseveien 21, Sandnes, NOR, 4313
Resqunit AB is an ocean tech company developing innovative equipment to disarm and retrieve lost fishing gear. Through sensor data collection and software, the company aims to increase knowledge about the oceans and increase catch predictability.

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