What is Highwater Ethanol LLC 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. Highwater Ethanol LLC's Average Total Inventories for the quarter that ended in Jan. 2024 was $16.1 Mil. Highwater Ethanol LLC's Revenue for the
three
months ended in Jan. 2024 was $37.2 Mil.
Highwater Ethanol LLC's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.43.
Highwater Ethanol LLC's Inventory-to-Revenue for the quarter that ended in Jan. 2024
increased
from Oct. 2023 (0.38) to Oct. 2023 (0.43)
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.
Highwater Ethanol LLC's Days Inventory for the
three
months ended in Jan. 2024 was 41.20.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Highwater Ethanol LLC's Inventory Turnover for the quarter that ended in Jan. 2024 was 2.21.
Highwater Ethanol LLC Inventory-to-Revenue Historical Data
The historical data trend for Highwater Ethanol LLC'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 Highwater Ethanol LLC's Inventory-to-Revenue
For the Oil & Gas Refining & Marketing subindustry, Highwater Ethanol LLC'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.
Highwater Ethanol LLC's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Highwater Ethanol LLC's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Highwater Ethanol LLC'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.
Highwater Ethanol LLC's Inventory-to-Revenue for the fiscal year that ended in Oct. 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.
Highwater Ethanol LLC's Days Inventory for the
three
months ended in Jan. 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.
Highwater Ethanol LLC Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Highwater Ethanol LLC's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Highwater Ethanol LLC (Highwater Ethanol LLC) Business Description
Highwater Ethanol LLC is engaged in the production of ethanol and distillers grains at the plant. It focuses on the manufacturing and marketing of fuel-grade ethanol and the co-products of the ethanol production process. Its products include fuel-grade ethanol, distillers grains, and corn oil. The company produces and sells fuel ethanol and co-products of the fuel ethanol production process in the continental United States.
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