What is Grindrod Shipping Holdings 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. Grindrod Shipping Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $11.1 Mil. Grindrod Shipping Holdings's Revenue for the
three
months ended in Dec. 2023 was $88.8 Mil.
Grindrod Shipping Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.
Grindrod Shipping Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.11) to Sep. 2023 (0.13)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Grindrod Shipping Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 13.16.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Grindrod Shipping Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.94.
Grindrod Shipping Holdings Inventory-to-Revenue Historical Data
* 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 Grindrod Shipping Holdings's Inventory-to-Revenue
For the Marine Shipping subindustry, Grindrod Shipping 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.
Grindrod Shipping Holdings's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Grindrod Shipping Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Grindrod Shipping Holdings's Inventory-to-Revenue falls into.
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.
Grindrod Shipping 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.
Grindrod Shipping Holdings's Days Inventory for the
three
months 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.
Grindrod Shipping Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Grindrod Shipping Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Grindrod Shipping Holdings (Grindrod Shipping Holdings) Business Description
Grindrod Shipping Holdings Ltd owns charters in and operates a fleet of drybulk carriers and one tanker. The drybulk carrier's business is further divided into handysize, and supramax. It generates its revenue from Vessels which comprise charter hire of ships and freight revenue.
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