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Nurminen Logistics Oyj (Nurminen Logistics Oyj) Inventory-to-Revenue : 0.02 (As of Dec. 2023)


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What is Nurminen Logistics Oyj 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. Nurminen Logistics Oyj's Average Total Inventories for the quarter that ended in Dec. 2023 was $1.3 Mil. Nurminen Logistics Oyj's Revenue for the six months ended in Dec. 2023 was $77.7 Mil. Nurminen Logistics Oyj's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Nurminen Logistics Oyj's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.01) to Jun. 2023 (0.02)

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. Nurminen Logistics Oyj's Days Inventory for the six months ended in Dec. 2023 was 4.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nurminen Logistics Oyj's Inventory Turnover for the quarter that ended in Dec. 2023 was 45.58.


Nurminen Logistics Oyj Inventory-to-Revenue Historical Data

The historical data trend for Nurminen Logistics Oyj'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.

Nurminen Logistics Oyj Inventory-to-Revenue Chart

Nurminen Logistics Oyj 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 - - - - 0.01

Nurminen Logistics Oyj 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 - - 0.01 0.01 0.02

Competitive Comparison of Nurminen Logistics Oyj's Inventory-to-Revenue

For the Railroads subindustry, Nurminen Logistics Oyj'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.


Nurminen Logistics Oyj's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nurminen Logistics Oyj's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nurminen Logistics Oyj's Inventory-to-Revenue falls into.



Nurminen Logistics Oyj 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.

Nurminen Logistics Oyj'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 )
=( (0.252 + 1.193) / 2 ) / 139.532
=0.7225 / 139.532
=0.01

Nurminen Logistics Oyj'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 )
=( (1.339 + 1.193) / 2 ) / 77.692
=1.266 / 77.692
=0.02

* 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.


Nurminen Logistics Oyj  (GREY:NRNMF) 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.

Nurminen Logistics Oyj'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
=1.266/57.707*365 / 2
=4.00

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

Nurminen Logistics Oyj'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 )
=57.707 / 1.266
=45.58

* 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.


Nurminen Logistics Oyj Inventory-to-Revenue Related Terms

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Nurminen Logistics Oyj (Nurminen Logistics Oyj) Business Description

Traded in Other Exchanges
Address
Satamakaari 24, Helsinki, FIN, 00980
Nurminen Logistics Oyj is engaged in the provision of logistics services. The company offers high-quality rail transport, terminal, and multimodal solutions between Asia and Europe and in the Nordic and Baltic countries. The company's revenue consists mainly of forwarding services, railway transport and terminal services. The company also receives income from short-term and long-term warehousing services. Geographically, it derives most of its revenue from Baltic countries and has a presence in Russia.

Nurminen Logistics Oyj (Nurminen Logistics Oyj) Headlines

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