Selectnds (Selectnds) Inventory-to-Revenue : 1.92 (As of Sep. 2023)

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What is Selectnds 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. Selectnds's Average Total Inventories for the quarter that ended in Sep. 2023 was $4.00 Mil. Selectnds's Revenue for the three months ended in Sep. 2023 was $2.09 Mil. Selectnds's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.92.

Selectnds's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Jun. 2023 (1.48) to Jun. 2023 (1.92)

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. Selectnds's Days Inventory for the three months ended in Sep. 2023 was 162.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Selectnds's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.56.

Selectnds Inventory-to-Revenue Historical Data

The historical data trend for Selectnds'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.

Selectnds Inventory-to-Revenue Chart

Selectnds Annual Data

Trend

Jul13

Jul14

Jul15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory-to-Revenue

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0.10

0.46

0.25

0.17

0.20

Selectnds Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.87	0.92	0.96	1.48	1.92

Competitive Comparison of Selectnds's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Selectnds'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.

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

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

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

Selectnds Inventory-to-Revenue Calculation

Selectnds'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 )
=	( (3.902	+	4.797)	/	2 )	/	22.298
=	4.3495					/	22.298
=	0.20

Selectnds's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

	Inventory-to-Revenue (Q: Sep. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Revenue (Q: Sep. 2023 )
=	( (4.353	+	3.645)	/	2 )	/	2.085
=	3.999					/	2.085
=	1.92

Selectnds (OTCPK:SLSDF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Selectnds's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	3.999	/	2.247	*	365 / 4
	=	162.40

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

Selectnds's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	2.247	/	3.999
	=	0.56

Selectnds Inventory-to-Revenue Related Terms

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Selectnds (Selectnds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Select Sands Corp (OTCPK:SLSDF) » Definitions » Inventory-to-Revenue

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Traded in Other Exchanges

SNS:Canada

Address

RPO Parkgate Vlg, P.O. Box 30072, North Vancouver, BC, CAN, V7H 2Y8

Website

https://www.selectsands.com

Select Sands Corp engaged in an advanced stage silica sand quarry and production facilities located in Arkansas, USA. The company is focused on developing this business to enable profitable commercial silica sand sales to industrial and energy customers. The company's business activities are spread across the United States and Canada.