What is Reko International Group 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. Reko International Group's Average Total Inventories for the quarter that ended in Jan. 2024 was C$9.82 Mil. Reko International Group's Revenue for the
three
months ended in Jan. 2024 was C$11.95 Mil.
Reko International Group's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.82.
Reko International Group's Inventory-to-Revenue for the quarter that ended in Jan. 2024
increased
from Oct. 2023 (0.71) to Oct. 2023 (0.82)
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.
Reko International Group's Days Inventory for the
three
months ended in Jan. 2024 was 85.79.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Reko International Group's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.06.
Reko International Group Inventory-to-Revenue Historical Data
The historical data trend for Reko International Group'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.
Reko International Group Inventory-to-Revenue Chart
Competitive Comparison of Reko International Group's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Reko International Group'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.
Reko International Group's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Reko International Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Reko International Group's Inventory-to-Revenue falls into.
Reko International Group 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.
Reko International Group's Inventory-to-Revenue for the fiscal year that ended in Jul. 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.
Reko International Group (TSXV:REKO) 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.
Reko International Group's Days Inventory for the
three
months ended in Jan. 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.
Reko International Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Reko International Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Reko International Group (TSXV:REKO) Business Description
Reko International Group Inc is a Canada-based company engaged in the activities of robotic factory automation solutions, precision machining of large, critical parts, and plastic injection, and low compression acoustic tooling. The business divisions of the group are Automation, design and build, Tool and mold manufacturing, and Precision Machining. It supplies factory automation services in Canada. The company also provides machining, tooling, and engineering services. Precision machining relates to precision, custom machining of castings, and assemblies. Its geographical segments include Canada, which is the key revenue driver; and the United States.
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