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Stornoway Diamond (Stornoway Diamond) Inventory-to-Revenue : 0.33 (As of Jun. 2019)


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What is Stornoway Diamond 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. Stornoway Diamond's Average Total Inventories for the quarter that ended in Jun. 2019 was $47.0 Mil. Stornoway Diamond's Revenue for the three months ended in Jun. 2019 was $142.5 Mil. Stornoway Diamond's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.33.

Stornoway Diamond's Inventory-to-Revenue for the quarter that ended in Jun. 2019 declined from Mar. 2019 (1.26) to Mar. 2019 (0.33)

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. Stornoway Diamond's Days Inventory for the three months ended in Jun. 2019 was 73.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stornoway Diamond's Inventory Turnover for the quarter that ended in Jun. 2019 was 1.24.


Stornoway Diamond Inventory-to-Revenue Historical Data

The historical data trend for Stornoway Diamond'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.

Stornoway Diamond Inventory-to-Revenue Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.22 0.36

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 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 0.80 1.36 2.43 1.26 0.33

Competitive Comparison of Stornoway Diamond's Inventory-to-Revenue

For the Other Precious Metals & Mining subindustry, Stornoway Diamond'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.


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

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

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



Stornoway Diamond 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.

Stornoway Diamond'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 )
=( (39.192 + 50.263) / 2 ) / 123.167
=44.7275 / 123.167
=0.36

Stornoway Diamond'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 )
=( (50.31 + 43.634) / 2 ) / 142.547
=46.972 / 142.547
=0.33

* 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.


Stornoway Diamond  (OTCPK:SWYDF) 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.

Stornoway Diamond'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
=46.972/58.168*365 / 4
=73.69

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

Stornoway Diamond'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 )
=58.168 / 46.972
=1.24

* 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.


Stornoway Diamond Inventory-to-Revenue Related Terms

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Stornoway Diamond (Stornoway Diamond) Business Description

Traded in Other Exchanges
N/A
Address
1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.

Stornoway Diamond (Stornoway Diamond) Headlines

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