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AB Akola Group (OVSE:AKO1L) Inventory-to-Revenue : 1.00 (As of Mar. 2024)


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What is AB Akola 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. AB Akola Group's Average Total Inventories for the quarter that ended in Mar. 2024 was €364 Mil. AB Akola Group's Revenue for the three months ended in Mar. 2024 was €366 Mil. AB Akola Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.00.

AB Akola Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.21) to Dec. 2023 (1.00)

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. AB Akola Group's Days Inventory for the three months ended in Mar. 2024 was 98.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. AB Akola Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.93.


AB Akola Group Inventory-to-Revenue Historical Data

The historical data trend for AB Akola 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.

* Premium members only.

AB Akola Group Inventory-to-Revenue Chart

AB Akola Group 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 0.15 0.16 0.11 0.10 0.15

AB Akola Group 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 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 1.24 0.75 0.88 1.21 1.00

Competitive Comparison of AB Akola Group's Inventory-to-Revenue

For the Farm Products subindustry, AB Akola 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.


AB Akola Group's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AB Akola Group's Inventory-to-Revenue distribution charts can be found below:

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



AB Akola 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.

AB Akola Group'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 )
=( (281.4 + 308.576) / 2 ) / 1999.617
=294.988 / 1999.617
=0.15

AB Akola Group'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 )
=( (389.227 + 338.971) / 2 ) / 365.973
=364.099 / 365.973
=0.99

* 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.


AB Akola Group  (OVSE:AKO1L) 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.

AB Akola Group'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
=364.099/338.956*365 / 4
=98.02

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

AB Akola Group'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 )
=338.956 / 364.099
=0.93

* 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.


AB Akola Group Inventory-to-Revenue Related Terms

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AB Akola Group (OVSE:AKO1L) Business Description

Traded in Other Exchanges
Address
Subacius Street 5, Vilnius, LTU, LT-01302
AB Akola Group formerly Linas Agro Group AB is an agribusiness company. The business activities of the group are divided into five operating segments namely Grain, oilseed and feed, Products and Services for Farming, Agricultural Production, Food products and others. Its products include grain, oilseed, raw feedstuffs, milk, poultry, and other products and services. The company earns maximum revenue from Grain, oilseed and feed segment. The company Geographically operates in Lithuani, Europe, Scandinavian countries, Africa, Asia, CIS and other.

AB Akola Group (OVSE:AKO1L) Headlines

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