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Guardforce AI Co (Guardforce AI Co) Inventory-to-Revenue : 0.07 (As of Dec. 2023)


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What is Guardforce AI Co 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. Guardforce AI Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $1.22 Mil. Guardforce AI Co's Revenue for the six months ended in Dec. 2023 was $17.87 Mil. Guardforce AI Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Guardforce AI Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.19) to Jun. 2023 (0.07)

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. Guardforce AI Co's Days Inventory for the six months ended in Dec. 2023 was 14.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guardforce AI Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 12.26.


Guardforce AI Co Inventory-to-Revenue Historical Data

The historical data trend for Guardforce AI Co'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.

Guardforce AI Co Inventory-to-Revenue Chart

Guardforce AI Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- 0.01 0.03 0.10 0.08

Guardforce AI Co Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only 0.13 0.31 0.42 0.19 0.07

Competitive Comparison of Guardforce AI Co's Inventory-to-Revenue

For the Security & Protection Services subindustry, Guardforce AI Co'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.


Guardforce AI Co's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Guardforce AI Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Guardforce AI Co's Inventory-to-Revenue falls into.



Guardforce AI Co 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.

Guardforce AI Co'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 )
=( (5.261 + 0.65) / 2 ) / 36.281
=2.9555 / 36.281
=0.08

Guardforce AI Co'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 )
=( (1.788 + 0.65) / 2 ) / 17.867
=1.219 / 17.867
=0.07

* 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.


Guardforce AI Co  (NAS:GFAI) 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.

Guardforce AI Co'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
=1.219/14.95*365 / 2
=14.88

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

Guardforce AI Co'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 )
=14.95 / 1.219
=12.26

* 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.


Guardforce AI Co Inventory-to-Revenue Related Terms

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Guardforce AI Co (Guardforce AI Co) Business Description

Traded in Other Exchanges
N/A
Address
10 Anson Road, No. 28-01, International Plaza, Singapore, SGP, 079903
Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.