What is Red Trail Energy LLC 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. Red Trail Energy LLC's Average Total Inventories for the quarter that ended in Dec. 2023 was $12.7 Mil. Red Trail Energy LLC's Revenue for the
three
months ended in Dec. 2023 was $43.5 Mil.
Red Trail Energy LLC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.
Red Trail Energy LLC's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.24) to Sep. 2023 (0.29)
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.
Red Trail Energy LLC's Days Inventory for the
three
months ended in Dec. 2023 was 28.83.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Red Trail Energy LLC's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.17.
Red Trail Energy LLC Inventory-to-Revenue Historical Data
The historical data trend for Red Trail Energy LLC'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 Red Trail Energy LLC's Inventory-to-Revenue
For the Chemicals subindustry, Red Trail Energy LLC'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.
Red Trail Energy LLC's Inventory-to-Revenue Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Red Trail Energy LLC's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Red Trail Energy LLC's Inventory-to-Revenue falls into.
Red Trail Energy LLC 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.
Red Trail Energy LLC's Inventory-to-Revenue for the fiscal year that 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.
Red Trail Energy LLC (OTCPK:REGX) Inventory-to-Revenue Explanation
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.
Red Trail Energy LLC'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.
Red Trail Energy LLC Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Red Trail Energy LLC's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Red Trail Energy LLC (Red Trail Energy LLC) Business Description
Red Trail Energy LLC is USA based firm engaged in constructing, owning, and operating a fuel-grade ethanol plant near Richardton, North Dakota in western North Dakota. The company's product offering includes ethanol, distillers' grains, and corn oil.
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