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Thessaloniki Port Authority (ATH:OLTH) Inventory-to-Revenue : 0.09 (As of Dec. 2023)


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What is Thessaloniki Port Authority 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. Thessaloniki Port Authority's Average Total Inventories for the quarter that ended in Dec. 2023 was €3.97 Mil. Thessaloniki Port Authority's Revenue for the six months ended in Dec. 2023 was €44.64 Mil. Thessaloniki Port Authority's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Thessaloniki Port Authority's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.08) to Jun. 2023 (0.09)

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. Thessaloniki Port Authority's Days Inventory for the six months ended in Dec. 2023 was 29.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thessaloniki Port Authority's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.16.


Thessaloniki Port Authority Inventory-to-Revenue Historical Data

The historical data trend for Thessaloniki Port Authority'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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Thessaloniki Port Authority Inventory-to-Revenue Chart

Thessaloniki Port Authority Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.02 0.03 0.04

Thessaloniki Port Authority Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.05 0.05 0.06 0.08 0.09

Competitive Comparison of Thessaloniki Port Authority's Inventory-to-Revenue

For the Marine Shipping subindustry, Thessaloniki Port Authority'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.


Thessaloniki Port Authority's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Thessaloniki Port Authority's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Thessaloniki Port Authority's Inventory-to-Revenue falls into.



Thessaloniki Port Authority 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.

Thessaloniki Port Authority'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 )
=( (2.907 + 4.456) / 2 ) / 85.87
=3.6815 / 85.87
=0.04

Thessaloniki Port Authority'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 )
=( (3.482 + 4.456) / 2 ) / 44.644
=3.969 / 44.644
=0.09

* 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.


Thessaloniki Port Authority  (ATH:OLTH) 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.

Thessaloniki Port Authority'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
=3.969/24.432*365 / 2
=29.65

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

Thessaloniki Port Authority'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 )
=24.432 / 3.969
=6.16

* 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.


Thessaloniki Port Authority Inventory-to-Revenue Related Terms

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Thessaloniki Port Authority (ATH:OLTH) Business Description

Traded in Other Exchanges
Address
?'provlita Limenos Thessalonikis, P.O. B?x 10467, Thessaloniki, GRC, 54110
Thessaloniki Port Authority SA is a shipping company based in Greece. It manages the port of Thessaloniki and provides ship berthing, anchoring, mooring, loading, unloading and cargo handling and passenger services along with add-on services like water, electricity, telephone connections, The company's operational areas are categorized into four, which are vessels, containers, event halls and parking services. Most of its revenues are obtained from its container and vessel operations catering to industries, shipping agents, container transportation companies, and freight transport companies. The Event halls are another aspect of its service area, wherein the company provides premises to host multipurpose activities.

Thessaloniki Port Authority (ATH:OLTH) Headlines

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