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Hill (TSXV:HILL) Inventory-to-Revenue : 0.01 (As of Dec. 2023)


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What is Hill 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. Hill's Average Total Inventories for the quarter that ended in Dec. 2023 was C$0.01 Mil. Hill's Revenue for the three months ended in Dec. 2023 was C$0.98 Mil. Hill's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Hill's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.07) to Sep. 2023 (0.01)

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. Hill's Days Inventory for the three months ended in Dec. 2023 was 2.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hill's Inventory Turnover for the quarter that ended in Dec. 2023 was 35.68.


Hill Inventory-to-Revenue Historical Data

The historical data trend for Hill'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.

Hill Inventory-to-Revenue Chart

Hill Annual Data
Trend Apr16 Apr17 Apr18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.53 0.25 0.17 0.09 0.01

Hill Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.02 0.02 0.07 0.01

Competitive Comparison of Hill's Inventory-to-Revenue

For the Beverages - Non-Alcoholic subindustry, Hill'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.


Hill's Inventory-to-Revenue Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hill's Inventory-to-Revenue distribution charts can be found below:

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



Hill 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.

Hill's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (0.02 + 0.015) / 2 ) / 2.884
=0.0175 / 2.884
=0.01

Hill'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0.016 + 0.009) / 2 ) / 0.983
=0.0125 / 0.983
=0.01

* 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.


Hill  (TSXV:HILL) 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.

Hill's Days Inventory for the three 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
=0.0125/0.446*365 / 4
=2.56

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

Hill'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 )
=0.446 / 0.0125
=35.68

* 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.


Hill Inventory-to-Revenue Related Terms

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


Hill (TSXV:HILL) Business Description

Traded in Other Exchanges
Address
2410 Lucknow Drive, Unit No. 31, Mississauga, ON, CAN, L5S 1V1
Hill Inc utilizes technologies to provide innovative cannabis solutions and non-alcoholic beverage products globally. It is currently developing the platform for North American distribution around its DehydraTECH patent portfolio for product development, licensing, and B2B sales of cannabis ingredients.

Hill (TSXV:HILL) Headlines

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