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Freightways Group (Freightways Group) Inventory-to-Revenue : 0.02 (As of Dec. 2023)


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What is Freightways Group 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. Freightways Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $6.45 Mil. Freightways Group's Revenue for the six months ended in Dec. 2023 was $386.24 Mil. Freightways Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Freightways Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 stayed the same from Dec. 2022 (0.02) to Dec. 2022 (0.02)

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Freightways Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.


Freightways Group Inventory-to-Revenue Historical Data

The historical data trend for Freightways Group'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.

Freightways Group Inventory-to-Revenue Chart

Freightways Group Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Freightways Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Freightways Group's Inventory-to-Revenue

For the Integrated Freight & Logistics subindustry, Freightways Group'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.


Freightways Group's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Freightways Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Freightways Group's Inventory-to-Revenue falls into.



Freightways Group 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.

Freightways Group's Inventory-to-Revenue for the fiscal year that ended in Jun. 2022 is calculated as

Inventory-to-Revenue (A: Jun. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count ) / Revenue (A: Jun. 2022 )
=( (5.286 + 5.511) / 2 ) / 554.698
=5.3985 / 554.698
=0.01

Freightways Group'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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (6.34 + 6.568) / 2 ) / 386.243
=6.454 / 386.243
=0.02

* 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.


Freightways Group  (OTCPK:FTWYY) 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:

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.

Freightways Group's Days Inventory for the six 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
=6.454/0*365 / 2
=

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

Freightways Group'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 )
=0 / 6.454
=0.00

* 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.


Freightways Group Inventory-to-Revenue Related Terms

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Freightways Group (Freightways Group) Business Description

Traded in Other Exchanges
Address
32 Botha Road, Penrose, Auckland, NTL, NZL, DX CX10120
Freightways Ltd is a provider of express package services throughout New Zealand. The company is organized into three reportable segments: Express Package and Business Mail, Information Management and Corporate and others. The Express Package and Business Mail segment cover network courier, point-to-point courier, and postal services. Information management comprises secure paper-based and electronic business information management services. Corporate and other comprises corporate, financing, and property management services. Key revenue is derived from the Express Package and Business Mail divisions.

Freightways Group (Freightways Group) Headlines

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