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. Norfolk Southern's Average Total Inventories for the quarter that ended in Mar. 2024 was $267 Mil. Norfolk Southern's Revenue for the
three
months ended in Mar. 2024 was $3,004 Mil.
Norfolk Southern's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.
Norfolk Southern's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.09) to Dec. 2023 (0.09)
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.
Norfolk Southern's Days Inventory for the
three
months ended in Mar. 2024 was 12.29.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Norfolk Southern's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.43.
Norfolk Southern Inventory-to-Revenue Historical Data
The historical data trend for Norfolk Southern'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 Norfolk Southern's Inventory-to-Revenue
For the Railroads subindustry, Norfolk Southern'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.
Norfolk Southern's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Norfolk Southern's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Norfolk Southern's Inventory-to-Revenue falls into.
Norfolk Southern 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.
Norfolk Southern'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.
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.
Norfolk Southern's Days Inventory for the
three
months ended in Mar. 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.
Norfolk Southern Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Norfolk Southern's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Norfolk Southern (Norfolk Southern) Business Description
Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.
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