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. Aurora Cannabis's Average Total Inventories for the quarter that ended in Dec. 2023 was $105.1 Mil. Aurora Cannabis's Revenue for the
three
months ended in Dec. 2023 was $48.0 Mil.
Aurora Cannabis's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.19.
Aurora Cannabis's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (2.10) to Sep. 2023 (2.19)
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.
Aurora Cannabis's Days Inventory for the
three
months ended in Dec. 2023 was 288.38.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Aurora Cannabis's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.32.
Aurora Cannabis Inventory-to-Revenue Historical Data
The historical data trend for Aurora Cannabis'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 Aurora Cannabis's Inventory-to-Revenue
For the Drug Manufacturers - Specialty & Generic subindustry, Aurora Cannabis'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.
Aurora Cannabis's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Aurora Cannabis's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Aurora Cannabis's Inventory-to-Revenue falls into.
Aurora Cannabis 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.
Aurora Cannabis's Inventory-to-Revenue for the fiscal year that ended in Jun. 2021 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.
Aurora Cannabis's Days Inventory for the
three
months ended in Dec. 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.
Aurora Cannabis Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Aurora Cannabis's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Aurora Cannabis (Aurora Cannabis) Business Description
Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ACB has been successfully added to your 