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Grown Rogue International (XCNQ:GRIN) Inventory-to-Revenue : 0.81 (As of Apr. 2023)


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What is Grown Rogue International 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. Grown Rogue International's Average Total Inventories for the quarter that ended in Apr. 2023 was C$6.59 Mil. Grown Rogue International's Revenue for the three months ended in Apr. 2023 was C$8.10 Mil. Grown Rogue International's Inventory-to-Revenue for the quarter that ended in Apr. 2023 was 0.81.

Grown Rogue International's Inventory-to-Revenue for the quarter that ended in Apr. 2023 declined from Jan. 2023 (1.04) to Jan. 2023 (0.81)

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. Grown Rogue International's Days Inventory for the three months ended in Apr. 2023 was 130.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grown Rogue International's Inventory Turnover for the quarter that ended in Apr. 2023 was 0.70.


Grown Rogue International Inventory-to-Revenue Historical Data

The historical data trend for Grown Rogue International'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.

Grown Rogue International Inventory-to-Revenue Chart

Grown Rogue International Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Oct19 Oct20 Oct21 Oct22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.28 0.29 0.32 0.24

Grown Rogue International Quarterly Data
May18 Aug18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Oct22 Jan23 Apr23 Oct23
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 - - 1.04 0.81 -

Competitive Comparison of Grown Rogue International's Inventory-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Grown Rogue International'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.


Grown Rogue International's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry

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

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



Grown Rogue International 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.

Grown Rogue International's Inventory-to-Revenue for the fiscal year that ended in Oct. 2022 is calculated as

Inventory-to-Revenue (A: Oct. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Oct. 2021 ) + Total Inventories (A: Oct. 2022 )) / count ) / Revenue (A: Oct. 2022 )
=( (5.589 + 5.929) / 2 ) / 24.308
=5.759 / 24.308
=0.24

Grown Rogue International's Inventory-to-Revenue for the quarter that ended in Apr. 2023 is calculated as

Inventory-to-Revenue (Q: Apr. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jan. 2023 ) + Total Inventories (Q: Apr. 2023 )) / count ) / Revenue (Q: Apr. 2023 )
=( (6.775 + 6.398) / 2 ) / 8.097
=6.5865 / 8.097
=0.81

* 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.


Grown Rogue International  (XCNQ:GRIN) 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.

Grown Rogue International's Days Inventory for the three months ended in Apr. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2023 )/Cost of Goods Sold (Q: Apr. 2023 )*Days in Period
=6.5865/4.595*365 / 4
=130.80

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

Grown Rogue International's Inventory Turnover for the quarter that ended in Apr. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2023 ) / Average Total Inventories (Q: Apr. 2023 )
=4.595 / 6.5865
=0.70

* 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.


Grown Rogue International Inventory-to-Revenue Related Terms

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Grown Rogue International (XCNQ:GRIN) Business Description

Traded in Other Exchanges
Address
550 Airport Road, Medford, OR, USA, 97504
Grown Rogue International Inc is a vertically-integrated, multi-state Cannabis family of brands. The company with indoor and outdoor manufacturing facilities and consumer insight-based product categorization creates innovative products. The firm's product portfolio consists of Jack Herer, Rogue Og, Mothers Milk, White Cookies, and Critical Jack among others.
Executives
Jakob Iotte Senior Officer

Grown Rogue International (XCNQ:GRIN) Headlines

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