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Smart Organic Ad Sofia (XBUL:SO) Inventory-to-Revenue : 0.39 (As of Jun. 2023)


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What is Smart Organic Ad Sofia 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. Smart Organic Ad Sofia's Average Total Inventories for the quarter that ended in Jun. 2023 was лв14.49 Mil. Smart Organic Ad Sofia's Revenue for the six months ended in Jun. 2023 was лв37.45 Mil. Smart Organic Ad Sofia's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.39.

Smart Organic Ad Sofia's Inventory-to-Revenue for the quarter that ended in Jun. 2023 declined from Dec. 2022 (0.44) to Dec. 2022 (0.39)

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. Smart Organic Ad Sofia's Days Inventory for the six months ended in Jun. 2023 was 137.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart Organic Ad Sofia's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.32.


Smart Organic Ad Sofia Inventory-to-Revenue Historical Data

The historical data trend for Smart Organic Ad Sofia'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.

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Smart Organic Ad Sofia Inventory-to-Revenue Chart

Smart Organic Ad Sofia Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
0.19 0.18 0.18 0.19 0.23

Smart Organic Ad Sofia Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory-to-Revenue Get a 7-Day Free Trial 0.34 0.42 0.42 0.44 0.39

Competitive Comparison of Smart Organic Ad Sofia's Inventory-to-Revenue

For the Packaged Foods subindustry, Smart Organic Ad Sofia'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.


Smart Organic Ad Sofia's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Smart Organic Ad Sofia's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Smart Organic Ad Sofia's Inventory-to-Revenue falls into.


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Smart Organic Ad Sofia 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.

Smart Organic Ad Sofia's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (10.571 + 15.473) / 2 ) / 56.767
=13.022 / 56.767
=0.23

Smart Organic Ad Sofia's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (15.473 + 13.506) / 2 ) / 37.452
=14.4895 / 37.452
=0.39

* 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.


Smart Organic Ad Sofia  (XBUL:SO) 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.

Smart Organic Ad Sofia's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=14.4895/19.189*365 / 2
=137.80

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

Smart Organic Ad Sofia's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=19.189 / 14.4895
=1.32

* 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.


Smart Organic Ad Sofia Inventory-to-Revenue Related Terms

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Smart Organic Ad Sofia Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
6 Damyanitsa Street, Sofia, BGR, 1619
Smart Organic Ad Sofia is a producer and distributor of organic food in Europe. It offers Protein Bars, Fruity Bars, Smoothies, Rice Snacks, and Hazelnut Cocoa spread, among others.