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Ramelius Resources (ASX:RMS) Inventory-to-Revenue : 0.39 (As of Dec. 2023)


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What is Ramelius Resources 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. Ramelius Resources's Average Total Inventories for the quarter that ended in Dec. 2023 was A$137.5 Mil. Ramelius Resources's Revenue for the six months ended in Dec. 2023 was A$348.5 Mil. Ramelius Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.

Ramelius Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.37) to Jun. 2023 (0.39)

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. Ramelius Resources's Days Inventory for the six months ended in Dec. 2023 was 99.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ramelius Resources's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.84.


Ramelius Resources Inventory-to-Revenue Historical Data

The historical data trend for Ramelius Resources'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.

Ramelius Resources Inventory-to-Revenue Chart

Ramelius Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.15 0.16 0.19 0.21

Ramelius Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.30 0.38 0.39 0.37 0.39

Competitive Comparison of Ramelius Resources's Inventory-to-Revenue

For the Gold subindustry, Ramelius Resources'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.


Ramelius Resources's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ramelius Resources's Inventory-to-Revenue distribution charts can be found below:

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



Ramelius Resources 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.

Ramelius Resources'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 )
=( (133.587 + 137.164) / 2 ) / 631.203
=135.3755 / 631.203
=0.21

Ramelius Resources'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (137.164 + 137.758) / 2 ) / 348.47
=137.461 / 348.47
=0.39

* 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.


Ramelius Resources  (ASX:RMS) 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.

Ramelius Resources's Days Inventory for the six 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
=137.461/252.291*365 / 2
=99.44

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

Ramelius Resources'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 )
=252.291 / 137.461
=1.84

* 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.


Ramelius Resources Inventory-to-Revenue Related Terms

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Ramelius Resources (ASX:RMS) Business Description

Traded in Other Exchanges
Address
130 Royal Street, Level 1, East Perth, Perth, WA, AUS, 6004
Ramelius Resources Ltd is a gold exploration and production company with exploration activities focused in Western Australia. The company also explores for base metals. Its projects include Edna May Gold Mine; Mount Magnet Goldmine; Vivien Gold Mine. The company generates maximum revenue from Edna May Goldmine project.

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