Renergen (ASX:RLT) Inventory-to-Revenue : 0.04 (As of Aug. 2023)

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What is Renergen 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. Renergen's Average Total Inventories for the quarter that ended in Aug. 2023 was A$0.07 Mil. Renergen's Revenue for the six months ended in Aug. 2023 was A$1.95 Mil. Renergen's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.04.

Renergen's Inventory-to-Revenue for the quarter that ended in Aug. 2023 increased from Feb. 2023 (0.01) to Feb. 2023 (0.04)

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. Renergen's Days Inventory for the six months ended in Aug. 2023 was 11.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Renergen's Inventory Turnover for the quarter that ended in Aug. 2023 was 15.81.

Renergen Inventory-to-Revenue Historical Data

The historical data trend for Renergen'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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Renergen Inventory-to-Revenue Chart

Renergen Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Inventory-to-Revenue

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0.01

Renergen Semi-Annual Data
	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Inventory-to-Revenue	Get a 7-Day Free Trial										0.96	0.87	-	0.01	0.04

Competitive Comparison of Renergen's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Renergen'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.

Renergen's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Renergen's Inventory-to-Revenue distribution charts can be found below:

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

Renergen Inventory-to-Revenue Calculation

Renergen's Inventory-to-Revenue for the fiscal year that ended in Feb. 2023 is calculated as

	Inventory-to-Revenue (A: Feb. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )	/	Revenue (A: Feb. 2023 )
=	( (0	+	0.012)	/	1 )	/	1.028
=	0.012					/	1.028
=	0.01

Renergen's Inventory-to-Revenue for the quarter that ended in Aug. 2023 is calculated as

	Inventory-to-Revenue (Q: Aug. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Feb. 2023 )	+	Total Inventories (Q: Aug. 2023 ))	/	count )	/	Revenue (Q: Aug. 2023 )
=	( (0.012	+	0.123)	/	2 )	/	1.951
=	0.0675					/	1.951
=	0.03

Renergen (ASX:RLT) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Renergen's Days Inventory for the six months ended in Aug. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2023 )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
	=	0.0675	/	1.067	*	365 / 2
	=	11.55

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

Renergen's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Aug. 2023 )	/	Average Total Inventories (Q: Aug. 2023 )
	=	1.067	/	0.0675
	=	15.81

Renergen Inventory-to-Revenue Related Terms

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Renergen (ASX:RLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Renergen Ltd (ASX:RLT) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

REN:South Africa RGNTF:USA RGNNF:USA 9960:Germany

Address

1 Bompas Road, First Floor, Dunkeld West, Johannesburg, ZAF, 2196

Website

https://www.renergen.co.za

Renergen Ltd is an investment holding company focused on the alternative and renewable energy sectors in South Africa and sub-Saharan Africa. It has two reportable segments namely Corporate Head office where all investment decisions are made; and Tetra4 Proprietary Ltd which explores, develops, and sells compressed natural gas to the South African market.

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