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. Sky Quarry's Average Total Inventories for the quarter that ended in Dec. 2024 was $2.92 Mil. Sky Quarry's Revenue for the
three
months ended in Dec. 2024 was $4.19 Mil.
Sky Quarry's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.70.
Sky Quarry's Inventory-to-Revenue for the quarter that ended in Dec. 2024
increased
from Sep. 2024 (0.53) to Sep. 2024 (0.70)
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.
Sky Quarry's Days Inventory for the
three
months ended in Dec. 2024 was 41.92.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sky Quarry's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.18.
Sky Quarry Inventory-to-Revenue Historical Data
The historical data trend for Sky Quarry'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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Sky Quarry Inventory-to-Revenue Chart
Sky Quarry Annual Data
Trend
Dec23
Dec24
Inventory-to-Revenue
0.05
0.12
Sky Quarry Quarterly Data
Sep23
Dec23
Sep24
Dec24
Inventory-to-Revenue
-
0.21
0.53
0.70
Competitive Comparison of Sky Quarry's Inventory-to-Revenue
For the Oil & Gas Integrated subindustry, Sky Quarry'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.
Sky Quarry's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sky Quarry's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Sky Quarry's Inventory-to-Revenue falls into.
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.
Sky Quarry's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
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.
Sky Quarry's Days Inventory for the
three
months ended in Dec. 2024 is calculated as:
* 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.
Sky Quarry Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Sky Quarry's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Sky Quarry Inc is a development-stage oil-producing and refining company. The company, along with its subsidiaries, is engaged in deploying technologies to facilitate the recycling of waste asphalt shingles and the remediation of oil-saturated soils. The recycling and production of oil from asphalt shingles is expected to reduce the dependence on landfills for the disposal of waste and to also reduce dependence on foreign and domestic virgin crude oil extraction for industrial uses. The company has one reportable segment: refined crude oil. The company refines crude oil to produce several key products, including Diesel, Liquid Asphalt, Vacuum Gas Oil (VGO), and Naphtha, each with distinct industrial applications.
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