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. Greystone Logistics's Average Total Inventories for the quarter that ended in Feb. 2024 was $4.13 Mil. Greystone Logistics's Revenue for the
three
months ended in Feb. 2024 was $13.98 Mil.
Greystone Logistics's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.30.
Greystone Logistics's Inventory-to-Revenue for the quarter that ended in Feb. 2024
declined
from Nov. 2023 (0.34) to Nov. 2023 (0.30)
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.
Greystone Logistics's Days Inventory for the
three
months ended in Feb. 2024 was 31.12.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Greystone Logistics's Inventory Turnover for the quarter that ended in Feb. 2024 was 2.93.
Greystone Logistics Inventory-to-Revenue Historical Data
The historical data trend for Greystone Logistics'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.
Competitive Comparison of Greystone Logistics's Inventory-to-Revenue
For the Specialty Chemicals subindustry, Greystone Logistics'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.
Greystone Logistics's Inventory-to-Revenue Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Greystone Logistics's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Greystone Logistics's Inventory-to-Revenue falls into.
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.
Greystone Logistics's Inventory-to-Revenue for the fiscal year that ended in May. 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.
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.
Greystone Logistics's Days Inventory for the
three
months ended in Feb. 2024 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.
Greystone Logistics Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Greystone Logistics's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Greystone Logistics (Greystone Logistics) Business Description
Greystone Logistics Inc is engaged in the business of manufacturing and selling plastic pallets utilizing recycled plastic. Its products include rackable pallet, can pallet, display pallet, monoblock pallet, rackable pallet, drum pallet, and a mid-duty pallet of different sizes and specifications. The company sells its products through one of its subsidiaries and a network of contractor distributors and direct sales.
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