ELANA Agrocredit AD Sofia (XBUL:EAC) Inventory-to-Revenue : 0.03 (As of Dec. 2023)

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What is ELANA Agrocredit AD Sofia 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. ELANA Agrocredit AD Sofia's Average Total Inventories for the quarter that ended in Dec. 2023 was лв0.31 Mil. ELANA Agrocredit AD Sofia's Revenue for the three months ended in Dec. 2023 was лв10.54 Mil. ELANA Agrocredit AD Sofia's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

ELANA Agrocredit AD Sofia's Inventory-to-Revenue for the quarter that ended in Dec. 2023 stayed the same from Sep. 2023 (0.03) to Sep. 2023 (0.03)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ELANA Agrocredit AD Sofia's Days Inventory for the three months ended in Dec. 2023 was 3.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. ELANA Agrocredit AD Sofia's Inventory Turnover for the quarter that ended in Dec. 2023 was 29.45.

ELANA Agrocredit AD Sofia Inventory-to-Revenue Historical Data

The historical data trend for ELANA Agrocredit AD Sofia'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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ELANA Agrocredit AD Sofia Inventory-to-Revenue Chart

ELANA Agrocredit AD Sofia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.01

0.03

0.02

0.01

ELANA Agrocredit AD Sofia 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															0.07	0.09	0.07	0.03	0.03

Competitive Comparison of ELANA Agrocredit AD Sofia's Inventory-to-Revenue

For the Credit Services subindustry, ELANA Agrocredit AD Sofia'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.

ELANA Agrocredit AD Sofia's Inventory-to-Revenue Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ELANA Agrocredit AD Sofia's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where ELANA Agrocredit AD Sofia's Inventory-to-Revenue falls into.

ELANA Agrocredit AD Sofia Inventory-to-Revenue Calculation

ELANA Agrocredit AD Sofia'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 )
=	( (0.397	+	0.333)	/	2 )	/	29.343
=	0.365					/	29.343
=	0.01

ELANA Agrocredit AD Sofia'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 )
=	( (0.287	+	0.333)	/	2 )	/	10.542
=	0.31					/	10.542
=	0.03

ELANA Agrocredit AD Sofia (XBUL:EAC) 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.

ELANA Agrocredit AD Sofia'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
	=	0.31	/	9.129	*	365 / 4
	=	3.10

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

ELANA Agrocredit AD Sofia'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 )
	=	9.129	/	0.31
	=	29.45

ELANA Agrocredit AD Sofia Inventory-to-Revenue Related Terms

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