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Little Green Pharma (ASX:LGP) Inventory-to-Revenue : 0.78 (As of Sep. 2023)


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What is Little Green Pharma 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. Little Green Pharma's Average Total Inventories for the quarter that ended in Sep. 2023 was A$9.92 Mil. Little Green Pharma's Revenue for the six months ended in Sep. 2023 was A$12.65 Mil. Little Green Pharma's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.78.

Little Green Pharma's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (0.00) to Mar. 2023 (0.78)

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. Little Green Pharma's Days Inventory for the six months ended in Sep. 2023 was 243.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Little Green Pharma's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.75.


Little Green Pharma Inventory-to-Revenue Historical Data

The historical data trend for Little Green Pharma'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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Little Green Pharma Inventory-to-Revenue Chart

Little Green Pharma Annual Data
Trend Jun19 Jun20 Jun21 Mar23
Inventory-to-Revenue
- 0.42 0.61 0.41

Little Green Pharma Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial 0.45 1.44 1.35 - 0.78

Competitive Comparison of Little Green Pharma's Inventory-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Little Green Pharma'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.


Little Green Pharma's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Little Green Pharma's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Little Green Pharma's Inventory-to-Revenue falls into.



Little Green Pharma 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.

Little Green Pharma's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (7.254 + 8.909) / 2 ) / 19.568
=8.0815 / 19.568
=0.41

Little Green Pharma's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (8.909 + 10.922) / 2 ) / 12.651
=9.9155 / 12.651
=0.78

* 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.


Little Green Pharma  (ASX:LGP) 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.

Little Green Pharma's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=9.9155/7.434*365 / 2
=243.42

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

Little Green Pharma's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=7.434 / 9.9155
=0.75

* 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.


Little Green Pharma Inventory-to-Revenue Related Terms

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Little Green Pharma (ASX:LGP) Business Description

Traded in Other Exchanges
N/A
Address
66 Kings Park Road, Level 2, Suite 2, West Perth, Perth, WA, AUS, 6005
Little Green Pharma Ltd is engaged in the vertically integrated medicinal cannabis business. The business activities of the company include cultivation, production, research and development, manufacturing, and distribution of medicinal cannabis products. The company's two key types of products available at Little Green Pharma are oils (which are ingested) and flowers (which are usually inhaled through vaporizing). The company offers LGP-branded medicinal cannabis oil products in the Australian and European markets.

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