GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tantalus Systems Holding Inc (TSX:GRID) » Definitions » Inventory-to-Revenue

Tantalus Systems Holding (TSX:GRID) Inventory-to-Revenue : 0.66 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Tantalus Systems Holding 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. Tantalus Systems Holding's Average Total Inventories for the quarter that ended in Mar. 2024 was C$8.36 Mil. Tantalus Systems Holding's Revenue for the three months ended in Mar. 2024 was C$12.72 Mil. Tantalus Systems Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.66.

Tantalus Systems Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.72) to Dec. 2023 (0.66)

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. Tantalus Systems Holding's Days Inventory for the three months ended in Mar. 2024 was 128.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tantalus Systems Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.71.


Tantalus Systems Holding Inventory-to-Revenue Historical Data

The historical data trend for Tantalus Systems Holding'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.

Tantalus Systems Holding Inventory-to-Revenue Chart

Tantalus Systems Holding Annual Data
Trend Dec21 Dec22 Dec23
Inventory-to-Revenue
0.18 0.14 0.15

Tantalus Systems Holding Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.57 0.74 0.72 0.66

Competitive Comparison of Tantalus Systems Holding's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, Tantalus Systems Holding'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.


Tantalus Systems Holding's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tantalus Systems Holding's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tantalus Systems Holding's Inventory-to-Revenue falls into.



Tantalus Systems Holding 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.

Tantalus Systems Holding'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 )
=( (7.731 + 8.902) / 2 ) / 56.544
=8.3165 / 56.544
=0.15

Tantalus Systems Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (8.902 + 7.813) / 2 ) / 12.717
=8.3575 / 12.717
=0.66

* 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.


Tantalus Systems Holding  (TSX:GRID) 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.

Tantalus Systems Holding's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=8.3575/5.934*365 / 4
=128.52

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

Tantalus Systems Holding's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=5.934 / 8.3575
=0.71

* 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.


Tantalus Systems Holding Inventory-to-Revenue Related Terms

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


Tantalus Systems Holding (TSX:GRID) Business Description

Traded in Other Exchanges
Address
3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3
Tantalus Systems Holding Inc Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Utility Software Applications and Services. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.
Executives
Peter Londa Director, Senior Officer

Tantalus Systems Holding (TSX:GRID) Headlines