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. Nextleaf Solutions's Average Total Inventories for the quarter that ended in Dec. 2023 was C$2.42 Mil. Nextleaf Solutions's Revenue for the
three
months ended in Dec. 2023 was C$3.20 Mil.
Nextleaf Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.76.
Nextleaf Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.00) to Sep. 2023 (0.76)
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.
Nextleaf Solutions's Days Inventory for the
three
months ended in Dec. 2023 was 98.39.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nextleaf Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.93.
Nextleaf Solutions Inventory-to-Revenue Historical Data
The historical data trend for Nextleaf Solutions'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 Nextleaf Solutions's Inventory-to-Revenue
For the Drug Manufacturers - Specialty & Generic subindustry, Nextleaf Solutions'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.
Nextleaf Solutions's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Nextleaf Solutions's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Nextleaf Solutions'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.
Nextleaf Solutions'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.
Nextleaf Solutions'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.
Nextleaf Solutions Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Nextleaf Solutions's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Nextleaf Solutions (XCNQ:OILS) Business Description
Nextleaf Solutions Ltd is is a Canadian cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. The Company has a single reportable segment being the provision of goods and services to the cannabis industry in Canada. All the Company's revenues are generated in Canada. Revenue from sale of goods and services includes sales of bulk distillate, branded (Glacial Gold) vape pens, oils, and softgels (branded extract products), and private label which includes toll processing and other services. Majority being from Branded extract products.
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