Reliq Health Technologies (Reliq Health Technologies) Inventory-to-Revenue : 0.09 (As of Sep. 2022)

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What is Reliq Health 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. Reliq Health Technologies's Average Total Inventories for the quarter that ended in Sep. 2022 was $0.23 Mil. Reliq Health Technologies's Revenue for the three months ended in Sep. 2022 was $2.60 Mil. Reliq Health Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.09.

Reliq Health Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2022 declined from Jun. 2022 (0.09) to Jun. 2022 (0.09)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reliq Health Technologies's Days Inventory for the three months ended in Sep. 2022 was 21.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reliq Health Technologies's Inventory Turnover for the quarter that ended in Sep. 2022 was 4.25.

Reliq Health Technologies Inventory-to-Revenue Historical Data

The historical data trend for Reliq Health 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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Reliq Health Technologies Inventory-to-Revenue Chart

Reliq Health Technologies Annual Data

Trend

Dec13

Dec14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Inventory-to-Revenue

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0.39

0.51

0.52

0.05

Reliq Health Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory-to-Revenue	Get a 7-Day Free Trial															0.25	0.10	0.07	0.09	0.09

Competitive Comparison of Reliq Health Technologies's Inventory-to-Revenue

For the Health Information Services subindustry, Reliq Health 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.

Reliq Health Technologies's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Reliq Health Technologies's Inventory-to-Revenue distribution charts can be found below:

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

Reliq Health Technologies Inventory-to-Revenue Calculation

Reliq Health Technologies's Inventory-to-Revenue for the fiscal year that ended in Jun. 2022 is calculated as

	Inventory-to-Revenue (A: Jun. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Jun. 2021 )	+	Total Inventories (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )
=	( (0.447	+	0.212)	/	2 )	/	6.679
=	0.3295					/	6.679
=	0.05

Reliq Health Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2022 is calculated as

	Inventory-to-Revenue (Q: Sep. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )	/	Revenue (Q: Sep. 2022 )
=	( (0.212	+	0.245)	/	2 )	/	2.603
=	0.2285					/	2.603
=	0.09

Reliq Health Technologies (OTCPK:RQHTF) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Reliq Health Technologies's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	0.2285	/	0.972	*	365 / 4
	=	21.45

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

Reliq Health Technologies's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2022 )	/	Average Total Inventories (Q: Sep. 2022 )
	=	0.972	/	0.2285
	=	4.25

Reliq Health Technologies Inventory-to-Revenue Related Terms

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Reliq Health Technologies (Reliq Health Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Reliq Health Technologies Inc (OTCPK:RQHTF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

175 Longwood Rd S., Suite 406A, Hamilton, ON, CAN, L8P 0A1

Website

https://www.reliqhealth.com

Reliq Health Technologies Inc specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration. Reliq's IUGO health technology platform is a hardware and software solution that allows complex patients to receive high-quality care in the home, improving health outcomes, enhancing the quality of life for patients and families and reducing the cost of care delivery. The firm earns through the supply of mobile device management (MDM) solutions for mobile devices and subscriptions of the iUGO CARE platform to healthcare client. The firm is based in Canada.