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HOEGF (Hoegh Autoliners ASA) Inventory-to-Revenue : 0.11 (As of Sep. 2024)


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What is Hoegh Autoliners ASA 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. Hoegh Autoliners ASA's Average Total Inventories for the quarter that ended in Sep. 2024 was $40 Mil. Hoegh Autoliners ASA's Revenue for the three months ended in Sep. 2024 was $349 Mil. Hoegh Autoliners ASA's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.11.

Hoegh Autoliners ASA's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (0.12) to Jun. 2024 (0.11)

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. Hoegh Autoliners ASA's Days Inventory for the three months ended in Sep. 2024 was 18.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hoegh Autoliners ASA's Inventory Turnover for the quarter that ended in Sep. 2024 was 4.99.


Hoegh Autoliners ASA Inventory-to-Revenue Historical Data

The historical data trend for Hoegh Autoliners ASA'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.

Hoegh Autoliners ASA Inventory-to-Revenue Chart

Hoegh Autoliners ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.04 0.04 0.04 0.04 0.03

Hoegh Autoliners ASA Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.12 0.11 0.12 0.12 0.11

Competitive Comparison of Hoegh Autoliners ASA's Inventory-to-Revenue

For the Marine Shipping subindustry, Hoegh Autoliners ASA'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.


Hoegh Autoliners ASA's Inventory-to-Revenue Distribution in the Transportation Industry

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

* The bar in red indicates where Hoegh Autoliners ASA's Inventory-to-Revenue falls into.



Hoegh Autoliners ASA 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.

Hoegh Autoliners ASA'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 )
=( (47.8 + 43.416) / 2 ) / 1446.075
=45.608 / 1446.075
=0.03

Hoegh Autoliners ASA's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (43.776 + 35.956) / 2 ) / 349.067
=39.866 / 349.067
=0.11

* 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.


Hoegh Autoliners ASA  (OTCPK:HOEGF) 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.

Hoegh Autoliners ASA's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=39.866/199.014*365 / 4
=18.28

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

Hoegh Autoliners ASA's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=199.014 / 39.866
=4.99

* 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.


Hoegh Autoliners ASA Inventory-to-Revenue Related Terms

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Hoegh Autoliners ASA Business Description

Traded in Other Exchanges
Address
Drammensveien 134, Oslo, NOR, N-0277
Hoegh Autoliners ASA is a provider of transportation services within the Roll-on Roll-off (RoRo) segment. The company's fleet of Pure Car and Truck Carriers sailing in trade systems combined with its local presence enable the company to cater for the specific needs of its customer. It offers deep sea transportation of RoRo cargo such as cars, high and heavy machinery and breakbulk. The Group has two operating segments, Shipping services and Logistics services.

Hoegh Autoliners ASA Headlines