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. Taronis Fuels's Average Total Inventories for the quarter that ended in Sep. 2020 was $6.90 Mil. Taronis Fuels's Revenue for the
three
months ended in Sep. 2020 was $9.66 Mil.
Taronis Fuels's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.71.
Taronis Fuels's Inventory-to-Revenue for the quarter that ended in Sep. 2020
increased
from Jun. 2020 (0.61) to Jun. 2020 (0.71)
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.
Taronis Fuels's Days Inventory for the
three
months ended in Sep. 2020 was 186.96.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Taronis Fuels's Inventory Turnover for the quarter that ended in Sep. 2020 was 0.49.
Taronis Fuels Inventory-to-Revenue Historical Data
The historical data trend for Taronis Fuels'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.
Competitive Comparison of Taronis Fuels's Inventory-to-Revenue
For the Utilities - Renewable subindustry, Taronis Fuels'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.
Taronis Fuels's Inventory-to-Revenue Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Taronis Fuels's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Taronis Fuels's Inventory-to-Revenue falls into.
Taronis Fuels 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.
Taronis Fuels's Inventory-to-Revenue for the fiscal year that ended in Dec. 2019 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.
Taronis Fuels's Days Inventory for the
three
months ended in Sep. 2020 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.
Taronis Fuels Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Taronis Fuels's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Taronis Fuels (Taronis Fuels) Business Description
Taronis Fuels Inc is a renewable fuel and power generation company. It is a holding company of various gas and welding supply companies. It supplies industrial gases and welding equipment and services to the retail and wholesale metalworking and manufacturing industries. The company also sells and distributes a synthetic gas namely, MagneGas which is a renewable alternative cutting fuel. It has retail locations located throughout California, Texas, Louisiana and Florida.
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