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Imperial Petroleum (Imperial Petroleum) Inventory-to-Revenue : 0.18 (As of Mar. 2024)


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What is Imperial Petroleum 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. Imperial Petroleum's Average Total Inventories for the quarter that ended in Mar. 2024 was $7.6 Mil. Imperial Petroleum's Revenue for the three months ended in Mar. 2024 was $41.2 Mil. Imperial Petroleum's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.18.

Imperial Petroleum's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.26) to Dec. 2023 (0.18)

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. Imperial Petroleum's Days Inventory for the three months ended in Mar. 2024 was 28.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Imperial Petroleum's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.19.


Imperial Petroleum Inventory-to-Revenue Historical Data

The historical data trend for Imperial Petroleum'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.

Imperial Petroleum Inventory-to-Revenue Chart

Imperial Petroleum Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.02 0.03 0.03 0.04

Imperial Petroleum Quarterly Data
Jul11 Oct11 Jan12 Apr12 Dec19 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 0.10 0.13 0.26 0.26 0.18

Competitive Comparison of Imperial Petroleum's Inventory-to-Revenue

For the Oil & Gas Midstream subindustry, Imperial Petroleum'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.


Imperial Petroleum's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Imperial Petroleum's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Imperial Petroleum's Inventory-to-Revenue falls into.



Imperial Petroleum 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.

Imperial Petroleum'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 )
=( (5.507 + 7.291) / 2 ) / 183.726
=6.399 / 183.726
=0.03

Imperial Petroleum'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 )
=( (7.291 + 7.865) / 2 ) / 41.203
=7.578 / 41.203
=0.18

* 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.


Imperial Petroleum  (NAS:IMPP) 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.

Imperial Petroleum'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
=7.578/24.164*365 / 4
=28.62

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

Imperial Petroleum'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 )
=24.164 / 7.578
=3.19

* 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.


Imperial Petroleum Inventory-to-Revenue Related Terms

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Imperial Petroleum (Imperial Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
331 Kifissias Avenue, Erithrea, Athens, GRC, 14561
Imperial Petroleum Inc is a provider of international seaborne transportation services to oil producers, refineries, and commodities traders. It owns and operates a fleet of three medium-range product tankers that carry refined petroleum products such as gasoline, diesel, fuel oil and jet fuel, as well as edible oils and chemical.

Imperial Petroleum (Imperial Petroleum) Headlines