GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Western Bulk Chartering AS (OTCPK:WSSTF) » Definitions » Inventory-to-Revenue

Western Bulk Chartering AS (Western Bulk Chartering AS) Inventory-to-Revenue : 0.10 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Western Bulk Chartering AS 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. Western Bulk Chartering AS's Average Total Inventories for the quarter that ended in Dec. 2023 was $55 Mil. Western Bulk Chartering AS's Revenue for the six months ended in Dec. 2023 was $543 Mil. Western Bulk Chartering AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Western Bulk Chartering AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.09) to Jun. 2023 (0.10)

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. Western Bulk Chartering AS's Days Inventory for the six months ended in Dec. 2023 was 17.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Western Bulk Chartering AS's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.16.


Western Bulk Chartering AS Inventory-to-Revenue Historical Data

The historical data trend for Western Bulk Chartering AS'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.

Western Bulk Chartering AS Inventory-to-Revenue Chart

Western Bulk Chartering AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.04 0.05 0.02 0.03 0.05

Western Bulk Chartering AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.07 0.09 0.09 0.10

Competitive Comparison of Western Bulk Chartering AS's Inventory-to-Revenue

For the Marine Shipping subindustry, Western Bulk Chartering AS'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.


Western Bulk Chartering AS's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Western Bulk Chartering AS's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Western Bulk Chartering AS's Inventory-to-Revenue falls into.



Western Bulk Chartering AS 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.

Western Bulk Chartering AS'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 )
=( (48.155 + 52.599) / 2 ) / 1117.629
=50.377 / 1117.629
=0.05

Western Bulk Chartering AS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (56.602 + 52.599) / 2 ) / 543.393
=54.6005 / 543.393
=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.


Western Bulk Chartering AS  (OTCPK:WSSTF) 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.

Western Bulk Chartering AS's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=54.6005/554.666*365 / 2
=17.97

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

Western Bulk Chartering AS's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=554.666 / 54.6005
=10.16

* 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.


Western Bulk Chartering AS Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Western Bulk Chartering AS's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Bulk Chartering AS (Western Bulk Chartering AS) Business Description

Traded in Other Exchanges
Address
Henrik Ibsensgate 100, PO Box 2868, Solli, Oslo, NOR, 0230
Western Bulk Chartering AS is a transporter of dry bulk commodities. Its commodity includes coal, minerals, steel products, cement, agriculture or grains, ferrous ores, and fertilizers, among others. It operates in dry bulk vessels in the Panamax to Handysize segment. Geographic diversification is the Far East, Europe, India, North America, Africa, South America, and the Middle East.

Western Bulk Chartering AS (Western Bulk Chartering AS) Headlines

No Headlines