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. Ceres Global Ag's Average Total Inventories for the quarter that ended in Dec. 2023 was C$192 Mil. Ceres Global Ag's Revenue for the
three
months ended in Dec. 2023 was C$379 Mil.
Ceres Global Ag's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.
Ceres Global Ag's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.52) to Sep. 2023 (0.51)
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.
Ceres Global Ag's Days Inventory for the
three
months ended in Dec. 2023 was 47.62.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ceres Global Ag's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.92.
Ceres Global Ag Inventory-to-Revenue Historical Data
The historical data trend for Ceres Global Ag'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 Ceres Global Ag's Inventory-to-Revenue
For the Food Distribution subindustry, Ceres Global Ag'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.
Ceres Global Ag's Inventory-to-Revenue Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ceres Global Ag's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Ceres Global Ag's Inventory-to-Revenue falls into.
Ceres Global Ag 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.
Ceres Global Ag's Inventory-to-Revenue for the fiscal year that ended in Jun. 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.
Ceres Global Ag (TSX:CRP) 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.
Ceres Global Ag'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.
Ceres Global Ag Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Ceres Global Ag's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Ceres Global Ag Corp is engaged in the agricultural, energy, and industrial supply chains through sourcing, storing, transporting, and marketing of commodity-based products and raw materials. It has three operating segments. The Grain segment, which is the key revenue driver, is engaged in grain procurement and merchandising of specialty grains and oilseeds such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses. The Supply Chain Services segment utilizes the corporation's facilities to provide logistics services, storage, and transloading for commodities and industrial products. The Seed and Processing segment is engaged in soybean crush, specialty crops blending, birdfeed production, and seed distribution in Western Canada.
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