Capital Product Partners LP (Capital Product Partners LP) Inventory-to-Revenue : 0.06 (As of Dec. 2023)

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What is Capital Product Partners LP 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. Capital Product Partners LP's Average Total Inventories for the quarter that ended in Dec. 2023 was $5.6 Mil. Capital Product Partners LP's Revenue for the three months ended in Dec. 2023 was $95.5 Mil. Capital Product Partners LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Capital Product Partners LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.06) to Sep. 2023 (0.06)

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. Capital Product Partners LP's Days Inventory for the three months ended in Dec. 2023 was 11.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Capital Product Partners LP's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.14.

Capital Product Partners LP Inventory-to-Revenue Historical Data

The historical data trend for Capital Product 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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Capital Product Partners LP Inventory-to-Revenue Chart

Capital Product Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.01

0.02

Capital Product 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	Get a 7-Day Free Trial															0.08	0.08	0.07	0.06	0.06

Competitive Comparison of Capital Product Partners LP's Inventory-to-Revenue

For the Marine Shipping subindustry, Capital Product 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.

Capital Product Partners LP's Inventory-to-Revenue Distribution in the Transportation Industry

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

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

Capital Product Partners LP Inventory-to-Revenue Calculation

Capital Product 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 )
=	( (6.817	+	5.553)	/	2 )	/	360.586
=	6.185					/	360.586
=	0.02

Capital Product 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 )
=	( (5.691	+	5.553)	/	2 )	/	95.509
=	5.622					/	95.509
=	0.06

Capital Product Partners LP (NAS:CPLP) 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.

Capital Product 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
	=	5.622	/	45.774	*	365 / 4
	=	11.21

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

Capital Product 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 )
	=	45.774	/	5.622
	=	8.14

Capital Product Partners LP Inventory-to-Revenue Related Terms

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Capital Product Partners LP (Capital Product Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Capital Product Partners LP (NAS:CPLP) » Definitions » Inventory-to-Revenue

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Traded in Other Exchanges

N/A

Address

3 Iassonos Street, Piraeus, GRC, 18537

Website

http://www.capitalpplp.com

Capital Product Partners LP is in the seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils and dry cargo and containerized goods. Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers and capsize bulk carrier. Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil and jet fuel), edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.