Healthy Extracts (Healthy Extracts) Inventory-to-Revenue : 2.31 (As of Mar. 2024)

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What is Healthy Extracts 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. Healthy Extracts's Average Total Inventories for the quarter that ended in Mar. 2024 was $1.59 Mil. Healthy Extracts's Revenue for the three months ended in Mar. 2024 was $0.69 Mil. Healthy Extracts's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.31.

Healthy Extracts's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (2.36) to Dec. 2023 (2.31)

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. Healthy Extracts's Days Inventory for the three months ended in Mar. 2024 was 516.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Healthy Extracts's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.18.

Healthy Extracts Inventory-to-Revenue Historical Data

The historical data trend for Healthy Extracts'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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Healthy Extracts Inventory-to-Revenue Chart

Healthy Extracts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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2.06

2.15

1.31

0.84

0.69

Healthy Extracts 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															2.82	2.65	2.44	2.36	2.31

Competitive Comparison of Healthy Extracts's Inventory-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Healthy Extracts'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.

Healthy Extracts's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Healthy Extracts's Inventory-to-Revenue distribution charts can be found below:

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

Healthy Extracts Inventory-to-Revenue Calculation

Healthy Extracts'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 )
=	( (1.819	+	1.626)	/	2 )	/	2.486
=	1.7225					/	2.486
=	0.69

Healthy Extracts'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 )
=	( (1.626	+	1.553)	/	2 )	/	0.689
=	1.5895					/	0.689
=	2.31

Healthy Extracts (OTCPK:HYEX) 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:

More Related Terms:

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

Healthy Extracts'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
	=	1.5895	/	0.281	*	365 / 4
	=	516.16

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

Healthy Extracts'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 )
	=	0.281	/	1.5895
	=	0.18

Healthy Extracts Inventory-to-Revenue Related Terms

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Healthy Extracts (Healthy Extracts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Healthy Extracts Inc (OTCPK:HYEX) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

7375 Commercial Way, Suite 125, Henderson, NV, USA, 89011

Website

https://www.healthyextractsinc.com

Healthy Extracts Inc through its subsidiaries is engaged in proprietary research and development of natural plant-based formulations, manufacturing, sales, and distribution of cardiovascular and neuro products that provide natural brain solutions. The company also provides superfruit supplements to support overall cholesterol and cardiovascular health. Its products are distributed in the United States and Mexico. The company's operating segment includes Health Supplements and Corporate. It generates maximum revenue from the Health Supplements segment.

Executives

Robert Michael Madden	officer: Chief Financial Officer	5269 SOUTH ALVERA CIR, SALT LAKE CITY UT 84117
Croyle William Russell Jr	director	1 SILVERMOUND, LITTLETON CO 80127
Kevin Pitts	10 percent owner, officer: President	3664 CHRISTY RIDGE RD., SEDALIA CO 80135
Sanjeevkumar Ratanshi Javia	director, officer: President	7161 E. RANCHO VISTA DRIVE, SUITE 3008, SCOTTSDALE AZ 85251
Patrick Stiles	director, 10 percent owner, officer: President, CEO	10300 W. CHARLESTON, LAS VEGAS NV 89135
Joseph Nejman	director, 10 percent owner, officer: President	555 BRYANT ST., SUITE 555, PALO ALTO CA 94301
William C Bossung	director, 10 percent owner, officer: CFO and Secretary	10300 W. CHARLESTON BLVD., STE. 13-378, LAS VEGAS NV 89135
Brian J Dunn	director, 10 percent owner	7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Fred Covely	director, 10 percent owner, officer: President and CEO	1508 GRANDVIEW RD., VISTA CA 92084