What is Pioneering Technology 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. Pioneering Technology's Average Total Inventories for the quarter that ended in Dec. 2023 was C$1.88 Mil. Pioneering Technology's Revenue for the
three
months ended in Dec. 2023 was C$0.65 Mil.
Pioneering Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.87.
Pioneering Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (2.87) to Sep. 2023 (2.87)
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.
Pioneering Technology's Days Inventory for the
three
months ended in Dec. 2023 was 637.39.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Pioneering Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.14.
Pioneering Technology Inventory-to-Revenue Historical Data
The historical data trend for Pioneering Technology'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 Pioneering Technology's Inventory-to-Revenue
For the Security & Protection Services subindustry, Pioneering Technology'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.
Pioneering Technology's Inventory-to-Revenue Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Pioneering Technology's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Pioneering Technology'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.
Pioneering Technology's Inventory-to-Revenue for the fiscal year that ended in Sep. 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.
Pioneering Technology's Days Inventory for the
three
months 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.
Pioneering Technology Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Pioneering Technology's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Pioneering Technology (TSXV:PTE) Business Description
Pioneering Technology Corp is a Canadian-based company. The company is focused on designing, engineering, and producing technology that protects people and their property from cooking fires. It operates in one business segment is the development, manufacture, and sale of products intended to save energy and offer consumer convenience and safety. It offers products that provide effective cooking fire prevention solutions for both the residential and commercial markets. Its product portfolio includes Safe-T-element, SmartBurner, RangeMinder, and Safe-T-sensor. Its geographical coverage includes Canada and the United States whereas it generates the majority of its revenue from the United States.
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