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Emerald Resources NL (ASX:EMR) Inventory-to-Revenue : 0.23 (As of Dec. 2023)


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What is Emerald Resources NL 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. Emerald Resources NL's Average Total Inventories for the quarter that ended in Dec. 2023 was A$39.6 Mil. Emerald Resources NL's Revenue for the six months ended in Dec. 2023 was A$174.7 Mil. Emerald Resources NL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.23.

Emerald Resources NL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.24) to Jun. 2023 (0.23)

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. Emerald Resources NL's Days Inventory for the six months ended in Dec. 2023 was 118.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Emerald Resources NL's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.54.


Emerald Resources NL Inventory-to-Revenue Historical Data

The historical data trend for Emerald Resources NL'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.

Emerald Resources NL Inventory-to-Revenue Chart

Emerald Resources NL Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.08 0.12

Emerald Resources NL Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.21 0.28 0.24 0.23

Competitive Comparison of Emerald Resources NL's Inventory-to-Revenue

For the Gold subindustry, Emerald Resources NL'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.


Emerald Resources NL's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Emerald Resources NL's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Emerald Resources NL's Inventory-to-Revenue falls into.



Emerald Resources NL 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.

Emerald Resources NL'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 )
=( (32.87 + 38.141) / 2 ) / 297.666
=35.5055 / 297.666
=0.12

Emerald Resources NL'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (38.141 + 41.026) / 2 ) / 174.746
=39.5835 / 174.746
=0.23

* 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.


Emerald Resources NL  (ASX:EMR) 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.

Emerald Resources NL's Days Inventory for the six 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
=39.5835/60.839*365 / 2
=118.74

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

Emerald Resources NL'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 )
=60.839 / 39.5835
=1.54

* 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.


Emerald Resources NL Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Emerald Resources NL's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Emerald Resources NL (ASX:EMR) Business Description

Traded in Other Exchanges
Address
1110 Hay Street, West Perth, Perth, WA, AUS, 6005
Emerald Resources NL is engaged in mineral exploration primarily in Cambodia and advancing the company's Okvau Gold Project. The company segment is based on geographical regions, namely Cambodia, Australia, and Corporate. The company's project includes Cambodia Gold project and the Magoffin County project.

Emerald Resources NL (ASX:EMR) Headlines

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