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PGG Wrightson (NZSE:PGW) Inventory-to-Revenue : 0.21 (As of Dec. 2023)


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What is PGG Wrightson 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. PGG Wrightson's Average Total Inventories for the quarter that ended in Dec. 2023 was NZ$119.2 Mil. PGG Wrightson's Revenue for the six months ended in Dec. 2023 was NZ$560.9 Mil. PGG Wrightson's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.21.

PGG Wrightson's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.40) to Jun. 2023 (0.21)

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. PGG Wrightson's Days Inventory for the six months ended in Dec. 2023 was 51.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. PGG Wrightson's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.57.


PGG Wrightson Inventory-to-Revenue Historical Data

The historical data trend for PGG Wrightson'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.

PGG Wrightson Inventory-to-Revenue Chart

PGG Wrightson 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 0.22 0.11 0.10 0.11 0.12

PGG Wrightson 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 0.18 0.37 0.20 0.40 0.21

Competitive Comparison of PGG Wrightson's Inventory-to-Revenue

For the Specialty Business Services subindustry, PGG Wrightson'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.


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

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

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



PGG Wrightson 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.

PGG Wrightson'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 )
=( (102.048 + 107.533) / 2 ) / 879.107
=104.7905 / 879.107
=0.12

PGG Wrightson'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 )
=( (107.533 + 130.769) / 2 ) / 560.878
=119.151 / 560.878
=0.21

* 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.


PGG Wrightson  (NZSE:PGW) 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.

PGG Wrightson'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
=119.151/425.247*365 / 2
=51.14

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

PGG Wrightson'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 )
=425.247 / 119.151
=3.57

* 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.


PGG Wrightson Inventory-to-Revenue Related Terms

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PGG Wrightson (NZSE:PGW) Business Description

Traded in Other Exchanges
Address
1 Robin Mann Place, Christchurch Airport, Christchurch, CT, NZL, 8053
PGG Wrightson Ltd is an agriculture solutions provider predominantly in New Zealand. The company's reportable segments are, Agency, Retail & Water, and Other. The company generates maximum revenue from the Retail and Water segment which includes the rural supplies and fruitfed retail operations, PGG Wrightson Water, PGW Consulting, Agritrade, and ancillary sales support, supply chain, and marketing functions. The Agency segment includes rural Livestock trading activities, export livestock, wool, insurance, real estate, and finance commission. The company principally operates in New Zealand.

PGG Wrightson (NZSE:PGW) Headlines

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