What is Nanalysis Scientific 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. Nanalysis Scientific's Average Total Inventories for the quarter that ended in Mar. 2024 was C$5.31 Mil. Nanalysis Scientific's Revenue for the
three
months ended in Mar. 2024 was C$11.16 Mil.
Nanalysis Scientific's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.
Nanalysis Scientific's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.66) to Dec. 2023 (0.48)
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.
Nanalysis Scientific's Days Inventory for the
three
months ended in Mar. 2024 was 55.01.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nanalysis Scientific's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.66.
Nanalysis Scientific Inventory-to-Revenue Historical Data
The historical data trend for Nanalysis Scientific'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 Nanalysis Scientific's Inventory-to-Revenue
For the Scientific & Technical Instruments subindustry, Nanalysis Scientific'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.
Nanalysis Scientific's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Nanalysis Scientific's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Nanalysis Scientific's Inventory-to-Revenue falls into.
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.
Nanalysis Scientific's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 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.
Nanalysis Scientific's Days Inventory for the
three
months ended in Mar. 2024 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.
Nanalysis Scientific Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Nanalysis Scientific's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Nanalysis Scientific (TSXV:NSCI) Business Description
Nanalysis Scientific Corp designs, manufactures and sells a range of nuclear magnetic resonance (NMR) technologies that go into a range of NMR spectrometers and magnetic resonance imaging (MRI) equipment. The company's original product, the a 60 MHz MR spectrometer, was the first full-featured benchtop NMR spectrometer available on the market. Its operating segments are Nanalysis, RS2D, K'Prime and Corporate. Nanalysis is a patent-protected technology company that develops, manufactures, and sells compact magnetic resonance spectrometers (MR spectrometer) for the pharmaceutical, biotech, chemical, security, food, materials, and education industries. Geographic segments of the group are the U.S., Europe, Canada, Asia and Other regions.
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