Navios Maritime Partners LP (Navios Maritime Partners LP) Inventory-to-Revenue

: 0.12 (As of Dec. 2023)

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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. Navios Maritime Partners LP's Average Total Inventories for the quarter that ended in Dec. 2023 was $38 Mil. Navios Maritime Partners LP's Revenue for the three months ended in Dec. 2023 was $327 Mil. Navios Maritime Partners LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.

Navios Maritime Partners LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.00) to Sep. 2023 (0.12)

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. Navios Maritime Partners LP's Days Inventory for the three months ended in Dec. 2023 was 17.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Navios Maritime Partners LP's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.27.

Navios Maritime Partners LP Inventory-to-Revenue Historical Data

The historical data trend for Navios Maritime Partners LP'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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Navios Maritime Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

0.02

0.03

0.02

0.03

Navios Maritime Partners LP 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																0.09	0.11	-	-	0.12

Competitive Comparison

For the Marine Shipping subindustry, Navios Maritime Partners LP'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.

Navios Maritime Partners LP Inventory-to-Revenue Distribution

For the Transportation industry and Industrials sector, Navios Maritime Partners LP's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Navios Maritime Partners LP's Inventory-to-Revenue falls into.

Navios Maritime Partners LP Inventory-to-Revenue Calculation

Navios Maritime Partners LP'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 )
=	( (32.667	+	37.566)	/	2 )	/	1306.889
=	35.1165					/	1306.889
=	0.03

Navios Maritime Partners LP'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 )
=	( (0	+	37.566)	/	1 )	/	327.253
=	37.566					/	327.253
=	0.11

Navios Maritime Partners LP (NYSE:NMM) 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.

Navios Maritime Partners LP'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
	=	37.566	/	198.025	*	365 / 4
	=	17.31

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

Navios Maritime Partners LP'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 )
	=	198.025	/	37.566
	=	5.27

Navios Maritime Partners LP Inventory-to-Revenue Related Terms

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Navios Maritime Partners LP (Navios Maritime Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Navios Maritime Partners LP (NYSE:NMM) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Avenue de Grande Bretagne, Office 11B2, Monte Carlo, MCO, MC 98000

Website

https://www.navios-mlp.com

Navios Maritime Partners LP is a seaborne shipping company. It owns and operates dry cargo and container vessels with the primary long-term and staggered expiration charters. The firm's fleet consists of Ultra- Handymax, Panamax, Capsize, and Container vessels and categorized in Drybulk and Container vessels. It earns revenue through chartering of vessels, voyage contracts. Geographically, it generates majority revenue from Asia.