What is Turning Point Brands 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. Turning Point Brands's Average Total Inventories for the quarter that ended in Mar. 2024 was $102.2 Mil. Turning Point Brands's Revenue for the
three
months ended in Mar. 2024 was $97.1 Mil.
Turning Point Brands's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.05.
Turning Point Brands's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (1.11) to Dec. 2023 (1.05)
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.
Turning Point Brands's Days Inventory for the
three
months ended in Mar. 2024 was 206.60.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Turning Point Brands's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.44.
Turning Point Brands Inventory-to-Revenue Historical Data
The historical data trend for Turning Point Brands'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 Turning Point Brands's Inventory-to-Revenue
For the Tobacco subindustry, Turning Point Brands'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.
Turning Point Brands's Inventory-to-Revenue Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Turning Point Brands's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Turning Point Brands's Inventory-to-Revenue falls into.
Turning Point Brands 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.
Turning Point Brands'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.
Turning Point Brands (NYSE:TPB) 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.
Turning Point Brands'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.
Turning Point Brands Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Turning Point Brands's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Turning Point Brands (Turning Point Brands) Business Description
Turning Point Brands Inc operates as an independent provider of Other Tobacco Products (OTP) in the U.S. It offers a wide range of products across the OTP spectrum including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in three segments namely Zig-Zag products; Stoker's products and NewGen products. The company generates maximum revenue from the Zig-Zag products segment.
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