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Kitwave Group (LSE:KITW) Inventory-to-Revenue : 0.12 (As of Oct. 2023)


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What is Kitwave 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. Kitwave Group's Average Total Inventories for the quarter that ended in Oct. 2023 was £40.6 Mil. Kitwave Group's Revenue for the six months ended in Oct. 2023 was £327.3 Mil. Kitwave Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.12.

Kitwave Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 declined from Apr. 2023 (0.14) to Apr. 2023 (0.12)

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. Kitwave Group's Days Inventory for the six months ended in Oct. 2023 was 29.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kitwave Group's Inventory Turnover for the quarter that ended in Oct. 2023 was 6.27.


Kitwave Group Inventory-to-Revenue Historical Data

The historical data trend for Kitwave 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.

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Kitwave Group Inventory-to-Revenue Chart

Kitwave Group Annual Data
Trend Apr18 Apr19 Oct21 Oct22 Oct23
Inventory-to-Revenue
0.09 0.09 0.08 0.06 0.06

Kitwave Group Semi-Annual Data
Apr18 Apr19 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Inventory-to-Revenue Get a 7-Day Free Trial 0.13 0.15 0.13 0.14 0.12

Competitive Comparison of Kitwave Group's Inventory-to-Revenue

For the Food Distribution subindustry, Kitwave 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.


Kitwave Group's Inventory-to-Revenue Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kitwave Group's Inventory-to-Revenue distribution charts can be found below:

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



Kitwave 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.

Kitwave Group's Inventory-to-Revenue for the fiscal year that ended in Oct. 2023 is calculated as

Inventory-to-Revenue (A: Oct. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )
=( (31.846 + 35.41) / 2 ) / 602.22
=33.628 / 602.22
=0.06

Kitwave Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue (Q: Oct. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Revenue (Q: Oct. 2023 )
=( (45.769 + 35.41) / 2 ) / 327.27
=40.5895 / 327.27
=0.12

* 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.


Kitwave Group  (LSE:KITW) 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.

Kitwave Group's Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=40.5895/254.474*365 / 2
=29.11

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

Kitwave Group's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2023 ) / Average Total Inventories (Q: Oct. 2023 )
=254.474 / 40.5895
=6.27

* 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.


Kitwave Group Inventory-to-Revenue Related Terms

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Kitwave Group (LSE:KITW) Business Description

Traded in Other Exchanges
Address
Narvik Way, Unit S3, Tyne Tunnel Estate, North Shields, Tyne & Wear, GBR, NE29 7XJ
Kitwave Group PLC is an independent, delivered wholesale business that supports delivery throughout the UK, specializing in selling impulse products such as confectionery, soft drinks, snacks, ice cream, frozen and chilled foods, alcohol, groceries, and tobacco. The company's reportable segments include Ambient, Frozen and chilled, and Foodservice.

Kitwave Group (LSE:KITW) Headlines

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