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GDEP Advance (TSE:5885) Inventory-to-Revenue : 0.48 (As of Feb. 2024)


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What is GDEP Advance 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. GDEP Advance's Average Total Inventories for the quarter that ended in Feb. 2024 was 円657 Mil. GDEP Advance's Revenue for the three months ended in Feb. 2024 was 円1,373 Mil. GDEP Advance's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.48.

GDEP Advance's Inventory-to-Revenue for the quarter that ended in Feb. 2024 declined from Nov. 2023 (0.55) to Nov. 2023 (0.48)

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. GDEP Advance's Days Inventory for the three months ended in Feb. 2024 was 55.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. GDEP Advance's Inventory Turnover for the quarter that ended in Feb. 2024 was 1.65.


GDEP Advance Inventory-to-Revenue Historical Data

The historical data trend for GDEP Advance'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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GDEP Advance Inventory-to-Revenue Chart

GDEP Advance Annual Data
Trend May21 May22 May23
Inventory-to-Revenue
0.09 0.13 0.17

GDEP Advance Quarterly Data
May21 May22 Feb23 May23 Aug23 Nov23 Feb24
Inventory-to-Revenue Get a 7-Day Free Trial - 0.90 0.93 0.55 0.48

Competitive Comparison of GDEP Advance's Inventory-to-Revenue

For the Computer Hardware subindustry, GDEP Advance'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.


GDEP Advance's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GDEP Advance's Inventory-to-Revenue distribution charts can be found below:

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



GDEP Advance 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.

GDEP Advance's Inventory-to-Revenue for the fiscal year that ended in May. 2023 is calculated as

Inventory-to-Revenue (A: May. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Revenue (A: May. 2023 )
=( (607.215 + 701.167) / 2 ) / 3778.824
=654.191 / 3778.824
=0.17

GDEP Advance's Inventory-to-Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue (Q: Feb. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Revenue (Q: Feb. 2024 )
=( (641.13 + 673.208) / 2 ) / 1372.827
=657.169 / 1372.827
=0.48

* 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.


GDEP Advance  (TSE:5885) 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.

GDEP Advance's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=657.169/1084.48*365 / 4
=55.30

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

GDEP Advance's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2024 ) / Average Total Inventories (Q: Feb. 2024 )
=1084.48 / 657.169
=1.65

* 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.


GDEP Advance Inventory-to-Revenue Related Terms

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GDEP Advance (TSE:5885) Business Description

Traded in Other Exchanges
N/A
Address
3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803
GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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