GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Oceanic Beverages Co Inc (TPE:1213) » Definitions » Inventory-to-Revenue

Oceanic Beverages Co (TPE:1213) Inventory-to-Revenue : 0.43 (As of Mar. 2024)


View and export this data going back to 1981. Start your Free Trial

What is Oceanic Beverages Co 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. Oceanic Beverages Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$14.45 Mil. Oceanic Beverages Co's Revenue for the three months ended in Mar. 2024 was NT$33.35 Mil. Oceanic Beverages Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.43.

Oceanic Beverages Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.12) to Dec. 2023 (0.43)

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. Oceanic Beverages Co's Days Inventory for the three months ended in Mar. 2024 was 26.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oceanic Beverages Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.47.


Oceanic Beverages Co Inventory-to-Revenue Historical Data

The historical data trend for Oceanic Beverages Co'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.

Oceanic Beverages Co Inventory-to-Revenue Chart

Oceanic Beverages Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.09 0.08 0.06 0.14

Oceanic Beverages Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.21 0.64 - 1.12 0.43

Competitive Comparison of Oceanic Beverages Co's Inventory-to-Revenue

For the Beverages - Non-Alcoholic subindustry, Oceanic Beverages Co'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.


Oceanic Beverages Co's Inventory-to-Revenue Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Oceanic Beverages Co's Inventory-to-Revenue distribution charts can be found below:

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



Oceanic Beverages Co 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.

Oceanic Beverages Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (20.146 + 14.216) / 2 ) / 120.702
=17.181 / 120.702
=0.14

Oceanic Beverages Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (14.216 + 14.691) / 2 ) / 33.348
=14.4535 / 33.348
=0.43

* 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.


Oceanic Beverages Co  (TPE:1213) 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.

Oceanic Beverages Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=14.4535/50.113*365 / 4
=26.32

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

Oceanic Beverages Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=50.113 / 14.4535
=3.47

* 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.


Oceanic Beverages Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Oceanic Beverages Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Oceanic Beverages Co (TPE:1213) Business Description

Traded in Other Exchanges
N/A
Address
99 Chongyang Road, 10th Floor, Section 3, Sanchong District, New Taipei, TWN
Oceanic Beverages Co Inc operates in the beverages industry. The company is engaged in the manufacturing of beverages like soda, tea, juice, lactic acid, and distilled water. The Group has two reportable divisions, the Beverages Sales Division, and the Shanghai Operations Division. The Beverages Sales Division is mainly engaged in the manufacture, wholesale and retail of various soft drinks and beverages.

Oceanic Beverages Co (TPE:1213) Headlines

No Headlines