What is Grom Social Enterprises 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. Grom Social Enterprises's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.04 Mil. Grom Social Enterprises's Revenue for the
three
months ended in Mar. 2024 was $0.87 Mil.
Grom Social Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.
Grom Social Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.05) to Dec. 2023 (0.05)
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.
Grom Social Enterprises's Days Inventory for the
three
months ended in Mar. 2024 was 6.56.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Grom Social Enterprises's Inventory Turnover for the quarter that ended in Mar. 2024 was 13.91.
Grom Social Enterprises Inventory-to-Revenue Historical Data
The historical data trend for Grom Social Enterprises'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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Grom Social Enterprises Inventory-to-Revenue Chart
Competitive Comparison of Grom Social Enterprises's Inventory-to-Revenue
For the Internet Content & Information subindustry, Grom Social Enterprises'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.
Grom Social Enterprises's Inventory-to-Revenue Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Grom Social Enterprises's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Grom Social Enterprises's Inventory-to-Revenue falls into.
Grom Social Enterprises 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.
Grom Social Enterprises's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Grom Social Enterprises (NAS:GROM) 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.
Grom Social Enterprises's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Grom Social Enterprises Inventory-to-Revenue Related Terms
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Grom Social Enterprises (Grom Social Enterprises) Business Description
Grom Social Enterprises Inc is a social media, technology, and entertainment company for kids focused on producing original content. In addition to providing a social media platform, the company creates content consisting of animated characters, interactive charts, videos, blogs, and games.
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