CTT-Correios de Portugal (CTT-Correios de Portugal) Inventory-to-Revenue : 0.03 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is CTT-Correios de Portugal 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. CTT-Correios de Portugal's Average Total Inventories for the quarter that ended in Dec. 2023 was $8 Mil. CTT-Correios de Portugal's Revenue for the three months ended in Dec. 2023 was $280 Mil. CTT-Correios de Portugal's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

CTT-Correios de Portugal's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.03) to Sep. 2023 (0.03)

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. CTT-Correios de Portugal's Days Inventory for the three months ended in Dec. 2023 was 4.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. CTT-Correios de Portugal's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.74.

CTT-Correios de Portugal Inventory-to-Revenue Historical Data

The historical data trend for CTT-Correios de Portugal'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.

CTT-Correios de Portugal Inventory-to-Revenue Chart

CTT-Correios de Portugal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

Get a 7-Day Free Trial

0.01

CTT-Correios de Portugal 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															0.04	0.04	0.03	0.03	0.03

Competitive Comparison of CTT-Correios de Portugal's Inventory-to-Revenue

For the Integrated Freight & Logistics subindustry, CTT-Correios de Portugal'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.

CTT-Correios de Portugal's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CTT-Correios de Portugal's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where CTT-Correios de Portugal's Inventory-to-Revenue falls into.

CTT-Correios de Portugal Inventory-to-Revenue Calculation

CTT-Correios de Portugal'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 )
=	( (8.781	+	7.43)	/	2 )	/	1028.787
=	8.1055					/	1028.787
=	0.01

CTT-Correios de Portugal'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 )
=	( (8.501	+	7.43)	/	2 )	/	280.451
=	7.9655					/	280.451
=	0.03

CTT-Correios de Portugal (GREY:CTTPY) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

CTT-Correios de Portugal'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
	=	7.9655	/	149.284	*	365 / 4
	=	4.87

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

CTT-Correios de Portugal'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 )
	=	149.284	/	7.9655
	=	18.74

CTT-Correios de Portugal Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of CTT-Correios de Portugal's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

CTT-Correios de Portugal (CTT-Correios de Portugal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CTT-Correios de Portugal SA (GREY:CTTPY) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

CTTOF:USA CTT:Portugal 0QIM:UK C7T:Germany

Address

Avenida dos Combatentes 43, No.1643-0011, 4th Floor, Lisbon, PRT, 1999-001

Website

https://www.ctt.pt

CTT-Correios de Portugal SA is a logistics company domiciled in Portugal. The company organizes itself into four segments: mail, express and parcels, financial services, and bank. The mail segment, which generates a vast majority of the company's revenue, provides mail postal services to business customers, distribution of advertising materials, and postal communication solutions, among others. Express and parcels, the next largest segment, provides parcel postal and courier services. The company provides financial services such as payment processing and retail banking through both the financial services segment and the bank segment. The company earns most of its revenue domestically.