GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Amergent Hospitality Group Inc (OTCPK:AMHG) » Definitions » Inventory-to-Revenue

Amergent Hospitality Group (Amergent Hospitality Group) Inventory-to-Revenue : 0.04 (As of Dec. 2022)


View and export this data going back to 2020. Start your Free Trial

What is Amergent Hospitality Group 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. Amergent Hospitality Group's Average Total Inventories for the quarter that ended in Dec. 2022 was $0.18 Mil. Amergent Hospitality Group's Revenue for the three months ended in Dec. 2022 was $4.67 Mil. Amergent Hospitality Group's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.04.

Amergent Hospitality Group's Inventory-to-Revenue for the quarter that ended in Dec. 2022 increased from Sep. 2022 (0.04) to Sep. 2022 (0.04)

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. Amergent Hospitality Group's Days Inventory for the three months ended in Dec. 2022 was 3.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Amergent Hospitality Group's Inventory Turnover for the quarter that ended in Dec. 2022 was 29.08.


Amergent Hospitality Group Inventory-to-Revenue Historical Data

The historical data trend for Amergent Hospitality Group'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.

Amergent Hospitality Group Inventory-to-Revenue Chart

Amergent Hospitality Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
0.01 0.01 0.01 0.01

Amergent Hospitality Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.03 0.03 0.03 0.04 0.04

Competitive Comparison of Amergent Hospitality Group's Inventory-to-Revenue

For the Restaurants subindustry, Amergent Hospitality Group'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.


Amergent Hospitality Group's Inventory-to-Revenue Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Amergent Hospitality Group's Inventory-to-Revenue distribution charts can be found below:

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



Amergent Hospitality Group 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.

Amergent Hospitality Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (0.182 + 0.158) / 2 ) / 21.294
=0.17 / 21.294
=0.01

Amergent Hospitality Group's Inventory-to-Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (Q: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Revenue (Q: Dec. 2022 )
=( (0.205 + 0.158) / 2 ) / 4.667
=0.1815 / 4.667
=0.04

* 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.


Amergent Hospitality Group  (OTCPK:AMHG) 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.

Amergent Hospitality Group's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=0.1815/5.278*365 / 4
=3.14

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

Amergent Hospitality Group's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2022 ) / Average Total Inventories (Q: Dec. 2022 )
=5.278 / 0.1815
=29.08

* 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.


Amergent Hospitality Group Inventory-to-Revenue Related Terms

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


Amergent Hospitality Group (Amergent Hospitality Group) Business Description

Traded in Other Exchanges
N/A
Address
7529 Red Oak Lane, Charlotte, NC, USA, 28226
Amergent Hospitality Group Inc owns, operates, and franchises restaurant brands. It generates the majority of its revenue from Restaurant sales, followed by Gaming and Franchise income. The company operates only in the United States.
Executives
Mark Anthony Whittle officer: INTERIM PRESIDENT 1481 N HWY 113, CARROLLTON GA 30117
Michael D Pruitt director, officer: CHIEF EXECUTIVE OFFICER 11220 ELM LANE, SUITE 203, CHARLOTTE NC 28277
Frederick L Glick director, officer: PRESIDENT 7621 LITTLE AVE STE 414, CHARLOTTE NC 28226
Stephen J Hoelscher officer: CFO 515 CONGRESS AVE, STE 1400, AUSTIN TX 78701
Robert Sumner Hersch 10 percent owner 515 CONGRESS AVE, STE 1400, AUSTIN TX 78701
Mv Amanth Llc 10 percent owner 515 CONGRESS AVE, STE 1400, AUSTIN TX 78701-3516
Oz Rey Llc 10 percent owner 918 CONGRESS AVENUE, SUITE 100, AUSTIN TX 78701
Keith J Johnson director 56 REDBAY ROAD, ELGIN SC 29045
J Eric Wagoner director C/O ALLIANCE BANKSHARES CORPORATION, 14200 PARK MEADOW DRIVE, SUITE 200 SOUTH, CHANTILLY VA 20151
Neil G Kiefer director 7621 LITTLE AVE, STE 414, CHARLOTTE NC 28226
Patrick Clay Harkleroad officer: CHIEF FINANCIAL OFFICER 7621 LITTLE AVE, SUITE 414, CHARLOTTE NC 28226

Amergent Hospitality Group (Amergent Hospitality Group) Headlines