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Dexterra Group (TSX:DXT) Inventory-to-Revenue : 0.10 (As of Mar. 2024)


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What is Dexterra Group 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. Dexterra Group's Average Total Inventories for the quarter that ended in Mar. 2024 was C$24 Mil. Dexterra Group's Revenue for the three months ended in Mar. 2024 was C$232 Mil. Dexterra Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.

Dexterra Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.10) to Dec. 2023 (0.10)

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. Dexterra Group's Days Inventory for the three months ended in Mar. 2024 was 10.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dexterra Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.39.


Dexterra Group Inventory-to-Revenue Historical Data

The historical data trend for Dexterra Group'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.

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Dexterra Group Inventory-to-Revenue Chart

Dexterra Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.02 0.02 0.02 0.02 0.02

Dexterra Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 0.13 0.11 0.09 0.10 0.10

Competitive Comparison of Dexterra Group's Inventory-to-Revenue

For the Specialty Business Services subindustry, Dexterra Group'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.


Dexterra Group's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dexterra Group's Inventory-to-Revenue distribution charts can be found below:

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



Dexterra Group 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.

Dexterra Group'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 )
=( (26.045 + 28.69) / 2 ) / 1117.198
=27.3675 / 1117.198
=0.02

Dexterra Group'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 )
=( (28.69 + 19.093) / 2 ) / 231.635
=23.8915 / 231.635
=0.10

* 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.


Dexterra Group  (TSX:DXT) 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.

Dexterra Group'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
=23.8915/200.531*365 / 4
=10.87

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

Dexterra Group'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 )
=200.531 / 23.8915
=8.39

* 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.


Dexterra Group Inventory-to-Revenue Related Terms

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Dexterra Group (TSX:DXT) Business Description

Traded in Other Exchanges
Address
5915 Airport Road, Suite 425, Mississauga, ON, CAN, L4V 1T1
Dexterra Group Inc offers support services for the creation, management, and operation of infrastructure across Canada. Powered by people, Dexterra Group brings best-in-class regional expertise to every challenge and delivers solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of facilities management services, industry leading workforce accommodation solutions, modular building capabilities, and other support services for diverse clients in the public and private sectors.
Executives
R. Drew Knight Senior Officer

Dexterra Group (TSX:DXT) Headlines

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