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Telescope Innovations (XCNQ:TELI) Inventory-to-Revenue : 0.30 (As of Feb. 2024)


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What is Telescope Innovations 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. Telescope Innovations's Average Total Inventories for the quarter that ended in Feb. 2024 was C$0.21 Mil. Telescope Innovations's Revenue for the three months ended in Feb. 2024 was C$0.69 Mil. Telescope Innovations's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.30.

Telescope Innovations's Inventory-to-Revenue for the quarter that ended in Feb. 2024 increased from Nov. 2023 (0.11) to Nov. 2023 (0.30)

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.

Inventory Turnover measures how fast the company turns over its inventory within a year. Telescope Innovations's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.00.


Telescope Innovations Inventory-to-Revenue Historical Data

The historical data trend for Telescope Innovations'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.

Telescope Innovations Inventory-to-Revenue Chart

Telescope Innovations Annual Data
Trend Dec19 Dec20 Aug21 Aug22 Aug23
Inventory-to-Revenue
- - - - 0.09

Telescope Innovations Quarterly Data
Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.51 0.11 0.30

Competitive Comparison of Telescope Innovations's Inventory-to-Revenue

For the Biotechnology subindustry, Telescope Innovations'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.


Telescope Innovations's Inventory-to-Revenue Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Telescope Innovations's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Telescope Innovations's Inventory-to-Revenue falls into.



Telescope Innovations 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.

Telescope Innovations's Inventory-to-Revenue for the fiscal year that ended in Aug. 2023 is calculated as

Inventory-to-Revenue (A: Aug. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Revenue (A: Aug. 2023 )
=( (0 + 0.249) / 1 ) / 2.824
=0.249 / 2.824
=0.09

Telescope Innovations's Inventory-to-Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue (Q: Feb. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Revenue (Q: Feb. 2024 )
=( (0.07 + 0.34) / 2 ) / 0.686
=0.205 / 0.686
=0.30

* 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.


Telescope Innovations  (XCNQ:TELI) 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.

Telescope Innovations's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=0.205/0*365 / 4
=

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

Telescope Innovations's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2024 ) / Average Total Inventories (Q: Feb. 2024 )
=0 / 0.205
=0.00

* 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.


Telescope Innovations Inventory-to-Revenue Related Terms

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Telescope Innovations (XCNQ:TELI) Business Description

Traded in Other Exchanges
Address
301 – 2386 East Mall, Vancouver, BC, CAN, V6T 1Z3
Telescope Innovations Corp is a technology company that intends to focus on development as a Contract Research Organization (CRO) to develop intellectual property, contract research, and building automation products. The Company has one operating segment that generates revenues from two revenue streams, contract research services and sale of automation products.
Executives
Alidad Pejman Director

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