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. CVR Partners LP's Average Total Inventories for the quarter that ended in Dec. 2023 was $71.6 Mil. CVR Partners LP's Revenue for the
three
months ended in Dec. 2023 was $141.6 Mil.
CVR Partners LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.
CVR Partners LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.59) to Sep. 2023 (0.51)
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.
CVR Partners LP's Days Inventory for the
three
months ended in Dec. 2023 was 55.74.
Inventory Turnover measures how fast the company turns over its inventory within a year.
CVR Partners LP's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.64.
CVR Partners LP Inventory-to-Revenue Historical Data
The historical data trend for CVR 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.
Competitive Comparison of CVR Partners LP's Inventory-to-Revenue
For the Agricultural Inputs subindustry, CVR 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.
CVR Partners LP's Inventory-to-Revenue Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, CVR Partners LP's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where CVR Partners LP's Inventory-to-Revenue falls into.
CVR Partners LP 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.
CVR Partners LP'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.
CVR Partners LP'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.
CVR Partners LP Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of CVR Partners LP's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
CVR Partners LP (CVR Partners LP) Business Description
CVR Partners LP is a manufacturer and supplier of nitrogen fertilizer products. Its principal products include Urea Ammonium Nitrate (UAN) and ammonia. The company market ammonia products to industrial and agricultural customers and UAN products to agricultural customers. The primary geographic markets for its fertilizer products are Kansas, Missouri, Nebraska, Iowa, Illinois, Colorado, and Texas. The company's product sales are heavily weighted toward UAN.
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