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Castle Brands (Castle Brands) Inventory-to-Revenue : 2.00 (As of Jun. 2019)


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What is Castle Brands 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. Castle Brands's Average Total Inventories for the quarter that ended in Jun. 2019 was $45.19 Mil. Castle Brands's Revenue for the three months ended in Jun. 2019 was $22.64 Mil. Castle Brands's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 2.00.

Castle Brands's Inventory-to-Revenue for the quarter that ended in Jun. 2019 increased from Mar. 2019 (1.63) to Mar. 2019 (2.00)

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. Castle Brands's Days Inventory for the three months ended in Jun. 2019 was 298.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Castle Brands's Inventory Turnover for the quarter that ended in Jun. 2019 was 0.31.


Castle Brands Inventory-to-Revenue Historical Data

The historical data trend for Castle Brands'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.

Castle Brands Inventory-to-Revenue Chart

Castle Brands Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.32 0.35 0.35 0.41

Castle Brands Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 Premium Member Only 1.57 1.69 1.86 1.63 2.00

Competitive Comparison of Castle Brands's Inventory-to-Revenue

For the Beverages - Wineries & Distilleries subindustry, Castle Brands'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.


Castle Brands's Inventory-to-Revenue Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Castle Brands's Inventory-to-Revenue distribution charts can be found below:

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



Castle Brands 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.

Castle Brands's Inventory-to-Revenue for the fiscal year that ended in Mar. 2019 is calculated as

Inventory-to-Revenue (A: Mar. 2019 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2018 ) + Total Inventories (A: Mar. 2019 )) / count ) / Revenue (A: Mar. 2019 )
=( (34.556 + 44.232) / 2 ) / 95.842
=39.394 / 95.842
=0.41

Castle Brands's Inventory-to-Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue (Q: Jun. 2019 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2019 ) + Total Inventories (Q: Jun. 2019 )) / count ) / Revenue (Q: Jun. 2019 )
=( (44.232 + 46.142) / 2 ) / 22.636
=45.187 / 22.636
=2.00

* 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.


Castle Brands  (AMEX:ROX) 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.

Castle Brands's Days Inventory for the three months ended in Jun. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2019 )/Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=45.187/13.795*365 / 4
=298.90

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

Castle Brands's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2019 ) / Average Total Inventories (Q: Jun. 2019 )
=13.795 / 45.187
=0.31

* 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.


Castle Brands Inventory-to-Revenue Related Terms

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Castle Brands (Castle Brands) Business Description

Traded in Other Exchanges
N/A
Address
122 East 42nd Street, Suite 5000, New York, NY, USA, 10168
Castle Brands Inc is a US based company engaged in developing and marketing premium and super premium brands in the beverage alcohol categories. Its product categories include rum, whiskey, liqueurs, vodka, tequila, wine, and other spirits, as well as ginger beer and ready-to-drink cocktails. Geographically business presence of the firm can be seen across the US and international market. The products are offered under Gosling's rum, Gosling's Stormy Ginger Beer, Jefferson's Bourbon, Jefferson's Reserve, Barrel Finished Cocktail, Jefferson's Presidential Select, Jefferson's Rye whiskey, Pallini liqueurs, Clontarf Irish whiskey, Knappogue Castle Whiskey, Brady's Irish Cream, Boru vodka, Gozio amaretto in many other brands. Castle derives revenue from the sale of these beverages.
Executives
Frost Phillip Md Et Al director, 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
Richard M Krasno director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 31337
Richard Lampen director, officer: President and CEO 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Mark Zeitchick director GBI CAPITAL MANAGEMENT CORP, 1055 STEWART AVE, BETHPAGE NY 11714
Frost Nevada Investments Trust 10 percent owner 4400 BISCAYNE BOULEVARD, 15TH FLOOR, MIAMI FL 33137
Steven D Rubin director OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
Henry C Beinstein director 8 DOGWOOD LANE, LARCHMONT NY 10538-3418
Glenn L Halpryn director 4400 BISCAYNE BOULEVARD, SUITE 950, MIAMI FL 33137
Harvey P Eisen director 100 SOUTH BEDFORD ROAD, MT KISCO NY 10549
Vector Group Ltd 10 percent owner 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
Robert J Flanagan director C/O SAGENT PHARMACEUTICALS, INC., 1901 NORTH ROSELLE ROAD, SUITE 700, SCHAUMBURG IL 60195
Seth Weinberg officer: SVP, General Counsel&Secretary C/O CASTLE BRANDS INC., 570 LEXINGTON AVENUE, NEW YORK NY 10022
Mellon Hbv Alternative Strategies Llc 10 percent owner 49 WEST MERRICK ROAD, SUITE 202, FREEPORT NY 11520

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