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High Arctic Overseas Holdings (TSXV:HOH) Inventory-to-Revenue : 2.80 (As of Dec. 2024)


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What is High Arctic Overseas Holdings 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. High Arctic Overseas Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was C$9.67 Mil. High Arctic Overseas Holdings's Revenue for the three months ended in Dec. 2024 was C$3.45 Mil. High Arctic Overseas Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 2.80.

High Arctic Overseas Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 increased from Sep. 2024 (2.21) to Sep. 2024 (2.80)

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. High Arctic Overseas Holdings's Days Inventory for the three months ended in Dec. 2024 was 247.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. High Arctic Overseas Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.37.


High Arctic Overseas Holdings Inventory-to-Revenue Historical Data

The historical data trend for High Arctic Overseas Holdings'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.

High Arctic Overseas Holdings Inventory-to-Revenue Chart

High Arctic Overseas Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
0.61 0.23 0.16 0.29

High Arctic Overseas Holdings Quarterly Data
Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Inventory-to-Revenue Get a 7-Day Free Trial - 0.56 0.60 2.21 2.80

Competitive Comparison of High Arctic Overseas Holdings's Inventory-to-Revenue

For the Oil & Gas Equipment & Services subindustry, High Arctic Overseas Holdings'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.


High Arctic Overseas Holdings's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, High Arctic Overseas Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where High Arctic Overseas Holdings's Inventory-to-Revenue falls into.


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High Arctic Overseas Holdings 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.

High Arctic Overseas Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (9.403 + 10.627) / 2 ) / 34.3
=10.015 / 34.3
=0.29

High Arctic Overseas Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (8.707 + 10.627) / 2 ) / 3.449
=9.667 / 3.449
=2.80

* 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.


High Arctic Overseas Holdings  (TSXV:HOH) 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.

High Arctic Overseas Holdings's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=9.667/3.557*365 / 4
=247.99

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

High Arctic Overseas Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=3.557 / 9.667
=0.37

* 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.


High Arctic Overseas Holdings Inventory-to-Revenue Related Terms

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High Arctic Overseas Holdings Business Description

Traded in Other Exchanges
N/A
Address
330 - 5th Avenue SW, Suite 2350, Calgary, AB, CAN, T2P 0L4
High Arctic Overseas Holdings Corp provides drilling and specialized well completion services manpower solutions and supplies rental equipment including rig matting, camps, material handling, and drilling support equipment in Papua New Guinea. The segments of the company are Drilling services, Ancillary services, Production services.

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