What is CrossAmerica Partners LP 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. CrossAmerica Partners LP's Average Total Inventories for the quarter that ended in Mar. 2024 was $55 Mil. CrossAmerica Partners LP's Revenue for the
three
months ended in Mar. 2024 was $942 Mil.
CrossAmerica Partners LP's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.
CrossAmerica Partners LP's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.05) to Dec. 2023 (0.06)
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.
CrossAmerica Partners LP's Days Inventory for the
three
months ended in Mar. 2024 was 5.85.
Inventory Turnover measures how fast the company turns over its inventory within a year.
CrossAmerica Partners LP's Inventory Turnover for the quarter that ended in Mar. 2024 was 15.59.
CrossAmerica Partners LP Inventory-to-Revenue Historical Data
The historical data trend for CrossAmerica Partners LP'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 CrossAmerica Partners LP's Inventory-to-Revenue
For the Oil & Gas Refining & Marketing subindustry, CrossAmerica Partners LP'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.
CrossAmerica Partners LP's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CrossAmerica Partners LP's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where CrossAmerica Partners LP'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.
CrossAmerica Partners LP'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.
CrossAmerica Partners LP'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.
CrossAmerica Partners LP Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of CrossAmerica Partners LP's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
CrossAmerica Partners LP (CrossAmerica Partners LP) Business Description
CrossAmerica Partners LP is a US-based limited partnership which is engaged in the wholesale distribution of motor fuel and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company operates through two business segments namely Wholesale and Retail. The Wholesale segment is a key revenue driver, includes the wholesale distribution of motor fuel to lessee dealers, independent dealers, commission agents, DMS, Circle K and through company operated retail sites. The Retail segment includes the sale of convenience merchandise items, the retail sale of motor fuel at company-operated retail sites and the retail sale of motor fuel at retail sites operated by commission agents.
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