HireQuest (HireQuest) Inventory-to-Revenue : 0.00 (As of Mar. 2024)

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What is HireQuest 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. HireQuest's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil. HireQuest's Revenue for the three months ended in Mar. 2024 was $8.42 Mil. HireQuest's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

HireQuest's Inventory-to-Revenue for the quarter that ended in Mar. 2024 stayed the same from Dec. 2023 (0.00) to Dec. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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

HireQuest Inventory-to-Revenue Historical Data

The historical data trend for HireQuest'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.

HireQuest Inventory-to-Revenue Chart

HireQuest Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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HireQuest Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of HireQuest's Inventory-to-Revenue

For the Staffing & Employment Services subindustry, HireQuest'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.

HireQuest's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HireQuest's Inventory-to-Revenue distribution charts can be found below:

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

HireQuest Inventory-to-Revenue Calculation

HireQuest'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 )
=	( (0	+	0)	/	1 )	/	37.882
=	0					/	37.882
=	0.00

HireQuest'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 )
=	( (0	+	0)	/	1 )	/	8.419
=	0					/	8.419
=	0.00

HireQuest (NAS:HQI) 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.

HireQuest'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
	=	0	/	0	*	365 / 4
	=

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

HireQuest'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 )
	=	0	/	0
	=

HireQuest Inventory-to-Revenue Related Terms

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HireQuest (HireQuest) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » HireQuest Inc (NAS:HQI) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Springhall Drive, Goose Creek, SC, USA, 29445

Website

https://www.hirequest.com

HireQuest Inc is a nationwide franchisor of offices providing direct-dispatch, executive search, and commercial staffing solutions in the light industrial and blue-collar segments of the staffing industry and traditional commercial staffing. The company's franchisees provide various types of temporary personnel through two business models operating under the trade names HireQuest Direct, HireQuest, Snelling, DriverQuest, HireQuest Health, Northbound Executive Search, and MRI. The primary source of revenue for the company is royalty fees based on the operation of its franchised offices.

Executives

Lawrence F Hagenbuch	director	600 CORPORATION DRIVE, PENDLETON IN 46064
R. Rimmy Malhotra	director	C/O COMMAND CENTER, INC., 3609 S WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Kathleen M Shanahan	director	24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Jack A. Olmstead	director	111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Edward Jackson	director, 10 percent owner	111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Richard Hermanns	director, 10 percent owner, officer: President and CEO	111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
David S. Burnett	officer: CFO	C/O INTERLINK ELECTRONICS, INC., 31248 OAK CREST DRIVE, SUITE 110, WESTLAKE VILLAGE CA 91361
Richard F & Lisa S Hermanns Dynasty Trust Dated July 16, 2008	10 percent owner	240 S PINEAPPLE AVENUE, 10TH FLOOR, SARASOTA FL 34236
Jd Smith	director	13506 SUMMERPORT VILLAGE PARKWAY #160, WINDERMERE FL 34786
John Mcannar	officer: Secretary, VP and GC	111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Smith Cory	officer: CFO and Treasurer	360 S. MONROE STREET, APT. 707, DENVER CO 80209
Payne Brown	director	111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Brendan Simaytis	officer: Executive VP & General Counsel	COMMAND CENTER, INC., 3609 S. WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Steven Mark Bathgate	director	5350 S ROSLYN, SUITE 380, ENGLEWOOD CO 80111
Galen G Vetter	director	500 EAST GRANT STREET, #2011, MINNEAPOLIS MN 55404