Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Inventory-to-Revenue : 0.31 (As of Dec. 2023)

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What is Motor Oil (Hellas) Corinth Refineries 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. Motor Oil (Hellas) Corinth Refineries's Average Total Inventories for the quarter that ended in Dec. 2023 was €1,022 Mil. Motor Oil (Hellas) Corinth Refineries's Revenue for the three months ended in Dec. 2023 was €3,348 Mil. Motor Oil (Hellas) Corinth Refineries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.

Motor Oil (Hellas) Corinth Refineries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.25) to Sep. 2023 (0.31)

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. Motor Oil (Hellas) Corinth Refineries's Days Inventory for the three months ended in Dec. 2023 was 30.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Motor Oil (Hellas) Corinth Refineries's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.01.

Motor Oil (Hellas) Corinth Refineries Inventory-to-Revenue Historical Data

The historical data trend for Motor Oil (Hellas) Corinth Refineries'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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Motor Oil (Hellas) Corinth Refineries Inventory-to-Revenue Chart

Motor Oil (Hellas) Corinth Refineries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.06

0.09

0.06

0.05

0.08

Motor Oil (Hellas) Corinth Refineries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.25	0.31	0.38	0.25	0.31

Competitive Comparison of Motor Oil (Hellas) Corinth Refineries's Inventory-to-Revenue

For the Oil & Gas Refining & Marketing subindustry, Motor Oil (Hellas) Corinth Refineries'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.

Motor Oil (Hellas) Corinth Refineries's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Motor Oil (Hellas) Corinth Refineries's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Motor Oil (Hellas) Corinth Refineries's Inventory-to-Revenue falls into.

Motor Oil (Hellas) Corinth Refineries Inventory-to-Revenue Calculation

Motor Oil (Hellas) Corinth Refineries'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 )
=	( (994.84	+	1031.212)	/	2 )	/	13316.742
=	1013.026					/	13316.742
=	0.08

Motor Oil (Hellas) Corinth Refineries'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (1011.875	+	1031.212)	/	2 )	/	3347.876
=	1021.5435					/	3347.876
=	0.31

Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Motor Oil (Hellas) Corinth Refineries's Days Inventory for the three 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
	=	1021.5435	/	3079.377	*	365 / 4
	=	30.27

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

Motor Oil (Hellas) Corinth Refineries'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 )
	=	3079.377	/	1021.5435
	=	3.01

Motor Oil (Hellas) Corinth Refineries Inventory-to-Revenue Related Terms

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Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Motor Oil (Hellas) Corinth Refineries SA (FRA:MHZ) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

MOHCY:USA MOH:Greece 0MQT:UK MHZ:Germany

Address

12A, Irodou Attikou Street, Maroussi, GRC, 151 24

Website

https://www.moh.gr

Motor Oil (Hellas) Corinth Refineries SA operates a series of ancillary plants and offsite facilities that make up its refinery business. Its operations can process crude oils of various characteristics and produce a full range of petroleum products, complying with myriad international specifications. It serves major petroleum marketing companies in Greece and internationally. Motor Oil Hellas' production ranges from light ends and gasoline to middle distillates, fuel, bitumen, and lubricants. The company is one of very few in its region that produces and packages lubricants. Its base oils and lubricants are approved by several prominent international organizations.

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