Sunniva (Sunniva) Inventory-to-Revenue : 0.73 (As of Sep. 2019)

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What is Sunniva 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. Sunniva's Average Total Inventories for the quarter that ended in Sep. 2019 was $2.94 Mil. Sunniva's Revenue for the three months ended in Sep. 2019 was $4.05 Mil. Sunniva's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.73.

Sunniva's Inventory-to-Revenue for the quarter that ended in Sep. 2019 declined from Jun. 2019 (1.22) to Jun. 2019 (0.73)

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. Sunniva's Days Inventory for the three months ended in Sep. 2019 was 93.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sunniva's Inventory Turnover for the quarter that ended in Sep. 2019 was 0.97.

Sunniva Inventory-to-Revenue Historical Data

The historical data trend for Sunniva'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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Sunniva Inventory-to-Revenue Chart

Sunniva Annual Data

Trend

Dec16

Dec17

Dec18

Inventory-to-Revenue

0.03

0.13

Sunniva Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Inventory-to-Revenue	Get a 7-Day Free Trial								0.71	0.20	0.44	1.22	0.73

Competitive Comparison of Sunniva's Inventory-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Sunniva'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.

Sunniva's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sunniva's Inventory-to-Revenue distribution charts can be found below:

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

Sunniva Inventory-to-Revenue Calculation

Sunniva's Inventory-to-Revenue for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory-to-Revenue (A: Dec. 2018 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )
=	( (0.339	+	3.156)	/	2 )	/	13.984
=	1.7475					/	13.984
=	0.12

Sunniva's Inventory-to-Revenue for the quarter that ended in Sep. 2019 is calculated as

	Inventory-to-Revenue (Q: Sep. 2019 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2019 )	+	Total Inventories (Q: Sep. 2019 ))	/	count )	/	Revenue (Q: Sep. 2019 )
=	( (3.676	+	2.201)	/	2 )	/	4.049
=	2.9385					/	4.049
=	0.73

Sunniva (OTCPK:SNNVF) 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.

Sunniva's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2019 )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
	=	2.9385	/	2.861	*	365 / 4
	=	93.72

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

Sunniva's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2019 )	/	Average Total Inventories (Q: Sep. 2019 )
	=	2.861	/	2.9385
	=	0.97

Sunniva Inventory-to-Revenue Related Terms

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Sunniva (Sunniva) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sunniva Inc (OTCPK:SNNVF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Burrard Street, 1200 Waterfront Centre, P.O Box 48600, Vancouver, BC, CAN, V7X 1T2

Website

https://www.sunniva.com

Sunniva Inc is vertically integrated medical cannabis company committed to delivering safe, low-cost, high-quality products and services at scale. The company is focused on the cultivation, production and distribution of therapeutic solutions targeting two of the medical cannabis markets in the world: Canada and California.