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Good Flour (XCNQ:GFCO) Inventory-to-Revenue : 0.65 (As of Dec. 2023)


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What is Good Flour 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. Good Flour's Average Total Inventories for the quarter that ended in Dec. 2023 was C$0.21 Mil. Good Flour's Revenue for the three months ended in Dec. 2023 was C$0.32 Mil. Good Flour's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.65.

Good Flour's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.87) to Sep. 2023 (0.65)

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. Good Flour's Days Inventory for the three months ended in Dec. 2023 was 51.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Good Flour's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.78.


Good Flour Inventory-to-Revenue Historical Data

The historical data trend for Good Flour'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.

* Premium members only.

Good Flour Inventory-to-Revenue Chart

Good Flour Annual Data
Trend Jun22 Jun23
Inventory-to-Revenue
0.19 0.16

Good Flour Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 1.10 1.00 0.87 0.65

Competitive Comparison of Good Flour's Inventory-to-Revenue

For the Packaged Foods subindustry, Good Flour'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.


Good Flour's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Good Flour's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Good Flour's Inventory-to-Revenue falls into.



Good Flour 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.

Good Flour's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (0.09 + 0.3) / 2 ) / 1.189
=0.195 / 1.189
=0.16

Good Flour'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 )
=( (0.204 + 0.21) / 2 ) / 0.317
=0.207 / 0.317
=0.65

* 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.


Good Flour  (XCNQ:GFCO) 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.

Good Flour'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
=0.207/0.369*365 / 4
=51.19

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

Good Flour'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 )
=0.369 / 0.207
=1.78

* 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.


Good Flour Inventory-to-Revenue Related Terms

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Good Flour (XCNQ:GFCO) Business Description

Traded in Other Exchanges
Address
5791 Sidley Street, Burnaby, BC, CAN, V5J 5E6
Good Flour Corp is engaged in manufacturing and selling gluten-free and plant-based food products. It currently offers Pizza Blends, Batter Premixes, Pancake and Waffle Blends, and Gluten-Free Desserts.

Good Flour (XCNQ:GFCO) Headlines

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