SHERF (Sherritt International) Inventory-to-Revenue : 0.94 (As of Dec. 2024)

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What is Sherritt International 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. Sherritt International's Average Total Inventories for the quarter that ended in Dec. 2024 was $30.1 Mil. Sherritt International's Revenue for the three months ended in Dec. 2024 was $32.1 Mil. Sherritt International's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.94.

Sherritt International's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Sep. 2024 (1.20) to Sep. 2024 (0.94)

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. Sherritt International's Days Inventory for the three months ended in Dec. 2024 was 89.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sherritt International's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.02.

Sherritt International Inventory-to-Revenue Historical Data

The historical data trend for Sherritt International'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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Sherritt International Inventory-to-Revenue Chart

Sherritt International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory-to-Revenue

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0.26

0.20

0.17

0.27

Sherritt International Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory-to-Revenue	Get a 7-Day Free Trial															1.21	1.49	0.83	1.20	0.94

Competitive Comparison of Sherritt International's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Sherritt International'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.

Sherritt International's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sherritt International's Inventory-to-Revenue distribution charts can be found below:

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

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Sherritt International Inventory-to-Revenue Calculation

Sherritt International's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory-to-Revenue (A: Dec. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )
=	( (29.666	+	30.392)	/	2 )	/	111.462
=	30.029					/	111.462
=	0.27

Sherritt International's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

	Inventory-to-Revenue (Q: Dec. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Revenue (Q: Dec. 2024 )
=	( (29.824	+	30.392)	/	2 )	/	32.077
=	30.108					/	32.077
=	0.94

Sherritt International (OTCPK:SHERF) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Sherritt International's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	30.108	/	30.743	*	365 / 4
	=	89.37

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

Sherritt International's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2024 )	/	Average Total Inventories (Q: Dec. 2024 )
	=	30.743	/	30.108
	=	1.02

Sherritt International Inventory-to-Revenue Related Terms

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Sherritt International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sherritt International Corp (OTCPK:SHERF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

HRT:Germany S:Canada

Address

22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3

Website

https://www.sherritt.com

Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Europe, Asia, Cuba, North America, and others regions. Its segment includes Metals, Power, Oil and Gas, Technologies and Corporate. The Metals segment which generates the majority of the revenue is composed of mining, processing and refining activities of nickel and cobalt for its interest in Moa JV in Cuba and Canada. The Power segment represents the power operations in Cuba, including its interest in Energas; The Oil and Gas segment is exploring for oil and gas in Cuba and the Technologies segment represents the its technology group which delivers essential technical support for its operations.