Xtract One Technologies (Xtract One Technologies) Inventory-to-Revenue : 0.56 (As of Jan. 2024)

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What is Xtract One 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. Xtract One Technologies's Average Total Inventories for the quarter that ended in Jan. 2024 was $1.21 Mil. Xtract One Technologies's Revenue for the three months ended in Jan. 2024 was $2.18 Mil. Xtract One Technologies's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.56.

Xtract One Technologies's Inventory-to-Revenue for the quarter that ended in Jan. 2024 increased from Oct. 2023 (0.51) to Oct. 2023 (0.56)

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. Xtract One Technologies's Days Inventory for the three months ended in Jan. 2024 was 130.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xtract One Technologies's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.70.

Xtract One Technologies Inventory-to-Revenue Historical Data

The historical data trend for Xtract One 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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Xtract One Technologies Inventory-to-Revenue Chart

Xtract One Technologies Annual Data

Trend

May14

May15

May16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory-to-Revenue

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0.61

1.33

0.36

0.33

Xtract One Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory-to-Revenue	Get a 7-Day Free Trial															1.46	1.33	0.81	0.51	0.56

Competitive Comparison of Xtract One Technologies's Inventory-to-Revenue

For the Software - Application subindustry, Xtract One 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.

Xtract One Technologies's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Xtract One Technologies's Inventory-to-Revenue distribution charts can be found below:

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

Xtract One Technologies Inventory-to-Revenue Calculation

Xtract One Technologies's Inventory-to-Revenue for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory-to-Revenue (A: Jul. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )
=	( (0.855	+	1.213)	/	2 )	/	3.112
=	1.034					/	3.112
=	0.33

Xtract One Technologies's Inventory-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

	Inventory-to-Revenue (Q: Jan. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Revenue (Q: Jan. 2024 )
=	( (1.101	+	1.316)	/	2 )	/	2.175
=	1.2085					/	2.175
=	0.56

Xtract One Technologies (OTCPK:XTRAF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Xtract One Technologies's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	1.2085	/	0.846	*	365 / 4
	=	130.35

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

Xtract One Technologies's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2024 )	/	Average Total Inventories (Q: Jan. 2024 )
	=	0.846	/	1.2085
	=	0.70

Xtract One Technologies Inventory-to-Revenue Related Terms

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Xtract One Technologies (Xtract One Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xtract One Technologies Inc (OTCPK:XTRAF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

0PL:Germany XTRA:Canada

Address

257 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5H 1X9

Website

https://www.xtractone.com

Xtract One Technologies Inc is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The principal business of the Company is the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution, referred to as the Platform, with the aim of enhancing public health and safety. The company makes unobtrusive threat detection systems that enable venue-building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One's innovative multi-sensor gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic.