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. EzFill Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.14 Mil. EzFill Holdings's Revenue for the
three
months ended in Mar. 2024 was $6.60 Mil.
EzFill Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.
EzFill Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.03) to Dec. 2023 (0.02)
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.
EzFill Holdings's Days Inventory for the
three
months ended in Mar. 2024 was 2.14.
Inventory Turnover measures how fast the company turns over its inventory within a year.
EzFill Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 42.60.
EzFill Holdings Inventory-to-Revenue Historical Data
The historical data trend for EzFill Holdings'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.
Competitive Comparison of EzFill Holdings's Inventory-to-Revenue
For the Software - Application subindustry, EzFill Holdings'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.
EzFill Holdings's Inventory-to-Revenue Distribution in the Software Industry
For the Software industry and Technology sector, EzFill Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where EzFill Holdings's Inventory-to-Revenue falls into.
EzFill Holdings 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.
EzFill Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
EzFill Holdings's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
EzFill Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of EzFill Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
EzFill Holdings (EzFill Holdings) Business Description
EzFill Holdings Inc is an application based on-demand fuel delivery company in Florida and the mobile fueling company that combines on-demand fills and subscription services which fill customer vehicles on routine intervals. It provides fuel-delivery on-demand or in subscription to fill customer vehicles on routine intervals for the consumer, fleet, marine, and other specialty markets. EzFill's app-based platform brings the gas station to customers with a growing fleet of EzFill-branded, Mobile Fueling Trucks. The company provides gas delivery via Mobile Fueling Trucks in the greater South Florida area as well as in the West Palm Beach, Jacksonville, Tampa, and Orlando areas, and expect to soon begin fueling in other areas in Florida.
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