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Sierra Rutile Holdings (ASX:SRX) Inventory-to-Revenue : 0.87 (As of Dec. 2023)


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What is Sierra Rutile Holdings 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. Sierra Rutile Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was A$87.1 Mil. Sierra Rutile Holdings's Revenue for the six months ended in Dec. 2023 was A$100.7 Mil. Sierra Rutile Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.87.

Sierra Rutile Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.41) to Jun. 2023 (0.87)

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. Sierra Rutile Holdings's Days Inventory for the six months ended in Dec. 2023 was 389.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sierra Rutile Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.47.


Sierra Rutile Holdings Inventory-to-Revenue Historical Data

The historical data trend for Sierra Rutile Holdings'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.

Sierra Rutile Holdings Inventory-to-Revenue Chart

Sierra Rutile Holdings Annual Data
Trend Dec21 Dec22 Dec23
Inventory-to-Revenue
- 0.14 0.27

Sierra Rutile Holdings Semi-Annual Data
Dec22 Jun23 Dec23
Inventory-to-Revenue - 0.41 0.87

Competitive Comparison of Sierra Rutile Holdings's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Sierra Rutile Holdings'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.


Sierra Rutile Holdings's Inventory-to-Revenue Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sierra Rutile Holdings's Inventory-to-Revenue falls into.



Sierra Rutile Holdings 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.

Sierra Rutile Holdings'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 )
=( (51.917 + 92.257) / 2 ) / 263.394
=72.087 / 263.394
=0.27

Sierra Rutile Holdings'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 )
=( (81.911 + 92.257) / 2 ) / 100.712
=87.084 / 100.712
=0.86

* 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.


Sierra Rutile Holdings  (ASX:SRX) 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.

Sierra Rutile Holdings'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
=87.084/40.794*365 / 2
=389.59

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

Sierra Rutile Holdings'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 )
=40.794 / 87.084
=0.47

* 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.


Sierra Rutile Holdings Inventory-to-Revenue Related Terms

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Sierra Rutile Holdings (ASX:SRX) Business Description

Traded in Other Exchanges
Address
225 Saint Georges Terrace, Level 8, Perth, WA, AUS, 6000
Sierra Rutile Holdings Ltd is a multi-mine operation straddling the Bonthe and Moyamba districts in southern Sierra Leone. It offers Titanium Dioxide Feedstocks, Standard Grade Rutile (SGR). Industrial Grade Rutile (IGR), High-grade ilmenite, and Zircon-in-concentrate (ZIC). Sierra Rutile's primary products serve end-use applications namely Pigment; Metal; and Welding end-use applications.

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