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Isfelag hfs (OISE:ISF) Inventory-to-Revenue : 0.76 (As of Dec. 2023)


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What is Isfelag hfs 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. Isfelag hfs's Average Total Inventories for the quarter that ended in Dec. 2023 was kr7,761 Mil. Isfelag hfs's Revenue for the six months ended in Dec. 2023 was kr10,232 Mil. Isfelag hfs's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.76.

Isfelag hfs's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.31) to Jun. 2023 (0.76)

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. Isfelag hfs's Days Inventory for the six months ended in Dec. 2023 was 229.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Isfelag hfs's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.80.


Isfelag hfs Inventory-to-Revenue Historical Data

The historical data trend for Isfelag hfs'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.

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Isfelag hfs Inventory-to-Revenue Chart

Isfelag hfs Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.18 0.14 0.14 0.22

Isfelag hfs Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23
Inventory-to-Revenue - - - 0.31 0.76

Competitive Comparison of Isfelag hfs's Inventory-to-Revenue

For the Packaged Foods subindustry, Isfelag hfs'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.


Isfelag hfs's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Isfelag hfs's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Isfelag hfs's Inventory-to-Revenue falls into.



Isfelag hfs 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.

Isfelag hfs'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 )
=( (3330.021 + 8473.968) / 2 ) / 26813.756
=5901.9945 / 26813.756
=0.22

Isfelag hfs'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 )
=( (7048.534 + 8473.968) / 2 ) / 10231.506
=7761.251 / 10231.506
=0.76

* 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.


Isfelag hfs  (OISE:ISF) 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.

Isfelag hfs'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
=7761.251/6181.995*365 / 2
=229.12

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

Isfelag hfs'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 )
=6181.995 / 7761.251
=0.80

* 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.


Isfelag hfs Inventory-to-Revenue Related Terms

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Isfelag hfs (OISE:ISF) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Tangagata 1, Vestmannaeyjar, ISL, 900
Isfelag is engaged in fishing and the processing of marine products. It is active in Iceland in the field of fishing and processing of pelagic species and production of fishmeal and fish oil and also produces sea-frozen seafood. Its products include COD fish, HADDOCK fish, SAITHE fish, CAPELIN fish, MACKEREL fish, HERRING fish etc.

Isfelag hfs (OISE:ISF) Headlines

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