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Ventia Services Group (ASX:VNT) Inventory-to-Revenue : 0.02 (As of Jun. 2024)


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What is Ventia Services 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. Ventia Services Group's Average Total Inventories for the quarter that ended in Jun. 2024 was A$48 Mil. Ventia Services Group's Revenue for the six months ended in Jun. 2024 was A$3,083 Mil. Ventia Services Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.02.

Ventia Services Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 stayed the same from Dec. 2023 (0.02) to Dec. 2023 (0.02)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ventia Services Group's Days Inventory for the six months ended in Jun. 2024 was 39.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ventia Services Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 4.56.


Ventia Services Group Inventory-to-Revenue Historical Data

The historical data trend for Ventia Services 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.

Ventia Services Group Inventory-to-Revenue Chart

Ventia Services Group Annual Data
Trend Dec21 Dec22 Dec23
Inventory-to-Revenue
0.01 0.01 0.01

Ventia Services Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventory-to-Revenue Get a 7-Day Free Trial 0.01 0.01 0.02 0.02 0.02

Competitive Comparison of Ventia Services Group's Inventory-to-Revenue

For the Infrastructure Operations subindustry, Ventia Services 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.


Ventia Services Group's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Inventory-to-Revenue distribution charts can be found below:

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



Ventia Services 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.

Ventia Services Group'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 )
=( (42.7 + 46.8) / 2 ) / 5676.4
=44.75 / 5676.4
=0.01

Ventia Services Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (46.8 + 49.8) / 2 ) / 3082.5
=48.3 / 3082.5
=0.02

* 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.


Ventia Services Group  (ASX:VNT) 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.

Ventia Services Group's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=48.3/220.4*365 / 2
=39.99

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

Ventia Services Group's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=220.4 / 48.3
=4.56

* 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.


Ventia Services Group Inventory-to-Revenue Related Terms

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Ventia Services Group Business Description

Traded in Other Exchanges
Address
80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060
While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.