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. Kona Gold Beverage's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.44 Mil. Kona Gold Beverage's Revenue for the
three
months ended in Sep. 2023 was $0.69 Mil.
Kona Gold Beverage's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.64.
Kona Gold Beverage's Inventory-to-Revenue for the quarter that ended in Sep. 2023
increased
from Jun. 2023 (0.64) to Jun. 2023 (0.64)
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.
Kona Gold Beverage's Days Inventory for the
three
months ended in Sep. 2023 was 80.69.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kona Gold Beverage's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.13.
Kona Gold Beverage Inventory-to-Revenue Historical Data
The historical data trend for Kona Gold Beverage'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 Kona Gold Beverage's Inventory-to-Revenue
For the Drug Manufacturers - Specialty & Generic subindustry, Kona Gold Beverage'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.
Kona Gold Beverage's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Kona Gold Beverage's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Kona Gold Beverage's Inventory-to-Revenue falls into.
Kona Gold Beverage 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.
Kona Gold Beverage's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 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.
Kona Gold Beverage (OTCPK:KGKG) 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.
Kona Gold Beverage's Days Inventory for the
three
months ended in Sep. 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.
Kona Gold Beverage Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Kona Gold Beverage's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Kona Gold Beverage (Kona Gold Beverage) Business Description
Kona Gold Beverage Inc is a United States-based lifestyle hemp company. The company specializes in developing hemp and CBD products in the functional beverage and fitness markets. The company focuses on the hemp energy drink, low-carb and low-calorie lemonade, and CBD water markets. It generates maximum revenue from retail products.
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