AquaBounty Technologies (AquaBounty Technologies) Inventory-to-Revenue : 3.32 (As of Dec. 2023)

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What is AquaBounty Technologies 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. AquaBounty Technologies's Average Total Inventories for the quarter that ended in Dec. 2023 was $1.84 Mil. AquaBounty Technologies's Revenue for the three months ended in Dec. 2023 was $0.55 Mil. AquaBounty Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.32.

AquaBounty Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (2.93) to Sep. 2023 (3.32)

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. AquaBounty Technologies's Days Inventory for the three months ended in Dec. 2023 was 43.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. AquaBounty Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.09.

AquaBounty Technologies Inventory-to-Revenue Historical Data

The historical data trend for AquaBounty Technologies'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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AquaBounty Technologies Inventory-to-Revenue Chart

AquaBounty Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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3.50

10.77

1.19

0.56

0.81

AquaBounty Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															4.86	5.85	3.00	2.93	3.32

Competitive Comparison of AquaBounty Technologies's Inventory-to-Revenue

For the Farm Products subindustry, AquaBounty Technologies'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.

AquaBounty Technologies's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AquaBounty Technologies's Inventory-to-Revenue distribution charts can be found below:

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

AquaBounty Technologies Inventory-to-Revenue Calculation

AquaBounty Technologies's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (2.277	+	1.734)	/	2 )	/	2.473
=	2.0055					/	2.473
=	0.81

AquaBounty Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (1.942	+	1.734)	/	2 )	/	0.553
=	1.838					/	0.553
=	3.32

AquaBounty Technologies (NAS:AQB) 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.

AquaBounty Technologies's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1.838	/	3.835	*	365 / 4
	=	43.73

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

AquaBounty Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	3.835	/	1.838
	=	2.09

AquaBounty Technologies Inventory-to-Revenue Related Terms

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AquaBounty Technologies (AquaBounty Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AquaBounty Technologies Inc (NAS:AQB) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Mill and Main Place, Suite 395, Maynard, MA, USA, 01754

Website

https://www.aquabounty.com

AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.

Executives

Melbourne David Francis Jr	officer: President	2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Gail Sharps Myers	director	13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Christine St.clare	director	405 EAGLEVIEW BLVD., EXTON PA 19341
Erin S Sharp	director	THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Michael K Stern	director	800 N. LINDBERGH BLVD, A3SA, ST LOUIS MO 63167
Ricardo J Alvarez	director	2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Sylvia Wulf	director, officer: CEO & Director	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
David A Frank	officer: See Remarks	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Alana Czypinski	director	1881 GROVE AVENUE, RADFORD VA 24141
Randal J Kirk	10 percent owner	1881 GROVE AVENUE, RADFORD VA 24141
Angela M Olsen	officer: General Counsel & Corp Sec	C/O AQUABOUNTY TECHNOLOGIES, INC., 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Richard L Huber	director	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Rick L. Sterling	director	20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Turk James C Jr	director	TWO CLOCK TOWER PLACE, SUITE 395, MAYNARD MA 01745
Theodore John Fisher	director	1881 GROVE AVENUE, RADFORD VA 24141