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. Fomo Worldwide's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.26 Mil. Fomo Worldwide's Revenue for the
three
months ended in Sep. 2023 was $0.61 Mil.
Fomo Worldwide's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.42.
Fomo Worldwide's Inventory-to-Revenue for the quarter that ended in Sep. 2023
increased
from Jun. 2023 (0.31) to Jun. 2023 (0.42)
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.
Fomo Worldwide's Days Inventory for the
three
months ended in Sep. 2023 was 48.76.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Fomo Worldwide's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.87.
Fomo Worldwide Inventory-to-Revenue Historical Data
The historical data trend for Fomo Worldwide'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 Fomo Worldwide's Inventory-to-Revenue
For the Asset Management subindustry, Fomo Worldwide'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.
Fomo Worldwide's Inventory-to-Revenue Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Fomo Worldwide's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Fomo Worldwide's Inventory-to-Revenue falls into.
Fomo Worldwide 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.
Fomo Worldwide'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.
Fomo Worldwide'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.
Fomo Worldwide Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Fomo Worldwide's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Fomo Worldwide (Fomo Worldwide) Business Description
Fomo Worldwide Inc is focused on business incubation and acceleration. It invests in and advises emerging companies. The company is developing direct investment and affiliations, the majority- and minority-owned, as well as in joint venture formats that afford emerging companies access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.
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