What is United Parks & Resorts 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. United Parks & Resorts's Average Total Inventories for the quarter that ended in Dec. 2023 was $52 Mil. United Parks & Resorts's Revenue for the
three
months ended in Dec. 2023 was $389 Mil.
United Parks & Resorts's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.
United Parks & Resorts'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.
United Parks & Resorts's Days Inventory for the
three
months ended in Dec. 2023 was 158.83.
Inventory Turnover measures how fast the company turns over its inventory within a year.
United Parks & Resorts's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.57.
United Parks & Resorts Inventory-to-Revenue Historical Data
The historical data trend for United Parks & Resorts'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 United Parks & Resorts's Inventory-to-Revenue
For the Leisure subindustry, United Parks & Resorts'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.
United Parks & Resorts's Inventory-to-Revenue Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, United Parks & Resorts's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where United Parks & Resorts's Inventory-to-Revenue falls into.
United Parks & Resorts 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.
United Parks & Resorts'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.
United Parks & Resorts (NYSE:PRKS) 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.
United Parks & Resorts'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.
United Parks & Resorts Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of United Parks & Resorts's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
United Parks & Resorts (United Parks & Resorts) Business Description
SeaWorld Entertainment Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Sea Rescue, and Busch Gardens. Seaworld also operates a reservations-only attraction offering interaction with marine animals known as Discovery Cove and a seasonal park under the name Sesame Place. The company generates most of its revenue from selling admission to the theme parks.
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