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. Elray Resources's Average Total Inventories for the quarter that ended in Sep. 2018 was $0.00 Mil. Elray Resources's Revenue for the
three
months ended in Sep. 2018 was $0.09 Mil.
Elray Resources's Inventory-to-Revenue for the quarter that ended in Sep. 2018 was 0.00.
Elray Resources's Inventory-to-Revenue for the quarter that ended in Sep. 2018
stayed the same
from Jun. 2018 (0.00) to Jun. 2018 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Elray Resources Inventory-to-Revenue Historical Data
The historical data trend for Elray Resources'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 Elray Resources's Inventory-to-Revenue
For the Gambling subindustry, Elray Resources'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.
Elray Resources's Inventory-to-Revenue Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Elray Resources's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Elray Resources's Inventory-to-Revenue falls into.
Elray Resources 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.
Elray Resources's Inventory-to-Revenue for the fiscal year that ended in Dec. 2017 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.
Elray Resources's Days Inventory for the
three
months ended in Sep. 2018 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.
Elray Resources Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Elray Resources's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Elray Resources (Elray Resources) Business Description
Elray Resources Inc is a company engaged in gambling activities. It provides marketing and support for online gaming operations. It has developed and acquired technology that provides marketing tools and customer relationship management systems for online gaming operators. Its software systems automatically decline and deny any gaming requests from within illegal gaming jurisdictions, including the United States, Hong Kong, Singapore, the United Kingdom, France, Italy, and Israel, and prevent any access to the products that it supports from any of these jurisdictions ensuring that residents of these countries cannot participate and are in strict compliance with the laws of these countries.
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