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ICON (Icon Energy) Inventory-to-Revenue : 0.08 (As of Dec. 2024)


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What is Icon Energy 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. Icon Energy's Average Total Inventories for the quarter that ended in Dec. 2024 was $0.13 Mil. Icon Energy's Revenue for the three months ended in Dec. 2024 was $1.73 Mil. Icon Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.08.

Icon Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2024 increased from Sep. 2024 (0.00) to Sep. 2024 (0.08)

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. Icon Energy's Days Inventory for the three months ended in Dec. 2024 was 7.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Icon Energy's Inventory Turnover for the quarter that ended in Dec. 2024 was 12.11.


Icon Energy Inventory-to-Revenue Historical Data

The historical data trend for Icon Energy'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.

Icon Energy Inventory-to-Revenue Chart

Icon Energy Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
0.01 0.01 0.02 0.02

Icon Energy Quarterly Data
Dec21 Dec22 Sep23 Dec23 Jun24 Sep24 Dec24
Inventory-to-Revenue Get a 7-Day Free Trial 0.12 0.06 - - 0.08

Competitive Comparison of Icon Energy's Inventory-to-Revenue

For the Marine Shipping subindustry, Icon Energy'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.


Icon Energy's Inventory-to-Revenue Distribution in the Transportation Industry

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

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


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Icon Energy 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.

Icon Energy's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (0.057 + 0.133) / 2 ) / 5.309
=0.095 / 5.309
=0.02

Icon Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (0 + 0.133) / 1 ) / 1.727
=0.133 / 1.727
=0.08

* 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.


Icon Energy  (NAS:ICON) 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.

Icon Energy's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0.133/1.611*365 / 4
=7.53

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

Icon Energy's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=1.611 / 0.133
=12.11

* 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.


Icon Energy Inventory-to-Revenue Related Terms

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Icon Energy Business Description

Traded in Other Exchanges
N/A
Address
c/o Pavimar Shipping Co, 17th km National Road, Athens-Lamia & Foinikos Str, Nea Kifissia, Athens, GRC, 14564
Icon Energy Corp is a Growth-oriented company that operates as a holding company for the purpose of acquiring, owning, chartering and operating dry bulk vessels through its subsidiaries. The company generates its revenues by chartering the Initial Vessels to regional and international dry bulk operators, commodity traders and end users.