Kaival Brands Innovations Group (Kaival Brands Innovations Group) Inventory-to-Revenue : 0.95 (As of Jan. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Kaival Brands Innovations Group 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. Kaival Brands Innovations Group's Average Total Inventories for the quarter that ended in Jan. 2024 was $3.07 Mil. Kaival Brands Innovations Group's Revenue for the three months ended in Jan. 2024 was $3.21 Mil. Kaival Brands Innovations Group's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.95.

Kaival Brands Innovations Group's Inventory-to-Revenue for the quarter that ended in Jan. 2024 declined from Oct. 2023 (0.97) to Oct. 2023 (0.95)

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. Kaival Brands Innovations Group's Days Inventory for the three months ended in Jan. 2024 was 138.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaival Brands Innovations Group's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.66.

Kaival Brands Innovations Group Inventory-to-Revenue Historical Data

The historical data trend for Kaival Brands Innovations Group'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.

Kaival Brands Innovations Group Inventory-to-Revenue Chart

Kaival Brands Innovations Group Annual Data

Trend

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Inventory-to-Revenue

Get a 7-Day Free Trial

0.13

0.65

0.20

Kaival Brands Innovations Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory-to-Revenue	Get a 7-Day Free Trial															0.99	1.23	1.01	0.97	0.95

Competitive Comparison of Kaival Brands Innovations Group's Inventory-to-Revenue

For the Tobacco subindustry, Kaival Brands Innovations Group'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.

Kaival Brands Innovations Group's Inventory-to-Revenue Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Kaival Brands Innovations Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Kaival Brands Innovations Group's Inventory-to-Revenue falls into.

Kaival Brands Innovations Group Inventory-to-Revenue Calculation

Kaival Brands Innovations Group's Inventory-to-Revenue for the fiscal year that ended in Oct. 2023 is calculated as

	Inventory-to-Revenue (A: Oct. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )
=	( (1.24	+	4.072)	/	2 )	/	13.087
=	2.656					/	13.087
=	0.20

Kaival Brands Innovations Group's Inventory-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

	Inventory-to-Revenue (Q: Jan. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Revenue (Q: Jan. 2024 )
=	( (4.072	+	2.058)	/	2 )	/	3.212
=	3.065					/	3.212
=	0.95

Kaival Brands Innovations Group (NAS:KAVL) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Kaival Brands Innovations Group's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	3.065	/	2.014	*	365 / 4
	=	138.87

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

Kaival Brands Innovations Group's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2024 )	/	Average Total Inventories (Q: Jan. 2024 )
	=	2.014	/	3.065
	=	0.66

Kaival Brands Innovations Group Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Kaival Brands Innovations Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Kaival Brands Innovations Group (Kaival Brands Innovations Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Kaival Brands Innovations Group Inc (NAS:KAVL) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

4460 Old Dixie Highway, Grant, FL, USA, 32949

Website

https://www.kaivalbrands.com

Kaival Brands Innovations Group Inc is focused on growing and incubating innovative and profitable products. The company is engaged in the business of developing electronic nicotine delivery systems and related components. Its primary product includes Bidi Stick. The BIDI Stick comes in a variety of flavor options for adult cigarette smokers.

Executives

Stephen Alan Sheriff	officer: COO & IRO	4460 OLD DIXIE HIGHWAY, GRANT-VALKARIA FL 32949
Thomas James Metzler	officer: CFO, Treasurer and Secretary	KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
James Patrick Cassidy	director	14 SOUTH PACK SQUARE, SUITE 403, ASHEVILLE NC 28801
Barry Michael Hopkins	director	KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
David Worner	director	KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Mark L Thoenes	officer: Interim CFO	7700 N.E. AMBASSADOR PL, PORTLAND OR 97220
George T. Chuang	director	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Nirajkumar Patel	director, 10 percent owner, officer: CEO, CFO, President, Treasurer	4460 OLD DIXIE HIGHWAY,, GRANT FL 32949
Paul John Reuter	director	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Roger Brooks	director	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Carolyn Hanigan	director	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Eric Mosser	director, 10 percent owner, officer: COO, Secretary	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Kaival Brands Innovations Group, Llc	10 percent owner	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Gmrz Holdings Llc	10 percent owner	780 RESERVOIR AVENUE, #123, CRANSTON RI 02910