What is Great Lakes Dredge & Dock 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. Great Lakes Dredge & Dock's Average Total Inventories for the quarter that ended in Dec. 2023 was $33.1 Mil. Great Lakes Dredge & Dock's Revenue for the
three
months ended in Dec. 2023 was $181.7 Mil.
Great Lakes Dredge & Dock's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.
Great Lakes Dredge & Dock's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.28) to Sep. 2023 (0.18)
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.
Great Lakes Dredge & Dock's Days Inventory for the
three
months ended in Dec. 2023 was 21.11.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Great Lakes Dredge & Dock's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.32.
Great Lakes Dredge & Dock Inventory-to-Revenue Historical Data
* 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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Great Lakes Dredge & Dock Inventory-to-Revenue Chart
Competitive Comparison of Great Lakes Dredge & Dock's Inventory-to-Revenue
For the Engineering & Construction subindustry, Great Lakes Dredge & Dock'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.
Great Lakes Dredge & Dock's Inventory-to-Revenue Distribution in the Construction Industry
For the Construction industry and Industrials sector, Great Lakes Dredge & Dock's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Great Lakes Dredge & Dock's Inventory-to-Revenue falls into.
Great Lakes Dredge & Dock 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.
Great Lakes Dredge & Dock's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Great Lakes Dredge & Dock (NAS:GLDD) 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.
Great Lakes Dredge & Dock's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Great Lakes Dredge & Dock Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Great Lakes Dredge & Dock's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Great Lakes Dredge & Dock (Great Lakes Dredge & Dock) Business Description
Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. Dredging involves the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Its projects portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.
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