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. Eastside Distilling's Average Total Inventories for the quarter that ended in Mar. 2024 was $3.20 Mil. Eastside Distilling's Revenue for the
three
months ended in Mar. 2024 was $2.41 Mil.
Eastside Distilling's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.33.
Eastside Distilling's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (1.69) to Dec. 2023 (1.33)
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.
Eastside Distilling's Days Inventory for the
three
months ended in Mar. 2024 was 131.26.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Eastside Distilling's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.70.
Eastside Distilling Inventory-to-Revenue Historical Data
The historical data trend for Eastside Distilling'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.
Competitive Comparison of Eastside Distilling's Inventory-to-Revenue
For the Beverages - Wineries & Distilleries subindustry, Eastside Distilling'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.
Eastside Distilling's Inventory-to-Revenue Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Eastside Distilling's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Eastside Distilling's Inventory-to-Revenue falls into.
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.
Eastside Distilling's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Eastside Distilling's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Eastside Distilling Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Eastside Distilling's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Eastside Distilling (Eastside Distilling) Business Description
Eastside Distilling Inc is a producer and marketer of Craft Canning + Printing and spirits. Its alcoholic beverage categories include whiskey, vodka, gin, rum, tequila, and Ready-to-Drink. Some of its brands include Azunia Tequila, Hue-Hue Coffee Rum, Portland Potato Vodka, and Burnside Whiskey. It operates in a two segment of packaging, producing, marketing, and distributing alcoholic beverages. Craft Canning + Printing includes, Digital Can Printing, Co-packing Facility and Mobile Canning. The company distributes its products in 33 states of the United States.
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