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GFL Environmental (GFL Environmental) Inventory-to-Revenue : 0.06 (As of Mar. 2024)


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What is GFL Environmental 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. GFL Environmental's Average Total Inventories for the quarter that ended in Mar. 2024 was $73 Mil. GFL Environmental's Revenue for the three months ended in Mar. 2024 was $1,331 Mil. GFL Environmental's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.

GFL Environmental's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.05) to Dec. 2023 (0.06)

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. GFL Environmental's Days Inventory for the three months ended in Mar. 2024 was 6.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. GFL Environmental's Inventory Turnover for the quarter that ended in Mar. 2024 was 15.18.


GFL Environmental Inventory-to-Revenue Historical Data

The historical data trend for GFL Environmental'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.

GFL Environmental Inventory-to-Revenue Chart

GFL Environmental Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.01 0.01 0.01 0.01 0.01

GFL Environmental 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 0.05 - - 0.05 0.06

Competitive Comparison of GFL Environmental's Inventory-to-Revenue

For the Waste Management subindustry, GFL Environmental'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.


GFL Environmental's Inventory-to-Revenue Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, GFL Environmental's Inventory-to-Revenue distribution charts can be found below:

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



GFL Environmental 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.

GFL Environmental'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 )
=( (61.98 + 73.196) / 2 ) / 5601.893
=67.588 / 5601.893
=0.01

GFL Environmental'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 )
=( (73.196 + 0) / 1 ) / 1330.822
=73.196 / 1330.822
=0.06

* 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.


GFL Environmental  (NYSE:GFL) 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.

GFL Environmental'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
=73.196/1111.259*365 / 4
=6.01

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

GFL Environmental'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 )
=1111.259 / 73.196
=15.18

* 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.


GFL Environmental Inventory-to-Revenue Related Terms

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GFL Environmental (GFL Environmental) Business Description

Traded in Other Exchanges
Address
100 New Park Place, Suite 500, Vaughan, ON, CAN, L4K 0H9
GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its Environmental Services business line includes liquid waste and soil remediation. GFL's geographical segments are Canada and the United States.