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. Greenlane Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was $26.24 Mil. Greenlane Holdings's Revenue for the
three
months ended in Sep. 2023 was $11.80 Mil.
Greenlane Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 2.22.
Greenlane Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023
increased
from Jun. 2023 (1.70) to Jun. 2023 (2.22)
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.
Greenlane Holdings's Days Inventory for the
three
months ended in Sep. 2023 was 276.13.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Greenlane Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.33.
Greenlane Holdings Inventory-to-Revenue Historical Data
The historical data trend for Greenlane Holdings'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 Greenlane Holdings's Inventory-to-Revenue
For the Tobacco subindustry, Greenlane Holdings'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.
Greenlane Holdings's Inventory-to-Revenue Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Greenlane Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Greenlane Holdings'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.
Greenlane Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 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.
Greenlane Holdings's Days Inventory for the
three
months 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.
Greenlane Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Greenlane Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Greenlane Holdings (Greenlane Holdings) Business Description
Greenlane Holdings Inc is a distributor of vaporization products and consumption accessories in the United States. It offers a selection of stock-keeping units including vaporizers and parts, cleaning products, grinders and storage containers, pipes, rolling papers and customized lines of premium specialty packaging. The company markets and sells its products in both the business to business and business to consumer sectors of the marketplace. Its geographical segment includes the United States; Canada and Europe. It derives a majority of revenue from the United States.
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