Dorian LPG (Dorian LPG) Inventory-to-Revenue : 0.02 (As of Dec. 2023)

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

What is Dorian LPG 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. Dorian LPG's Average Total Inventories for the quarter that ended in Dec. 2023 was $2.6 Mil. Dorian LPG's Revenue for the three months ended in Dec. 2023 was $163.1 Mil. Dorian LPG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Dorian LPG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.02) to Sep. 2023 (0.02)

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. Dorian LPG's Days Inventory for the three months ended in Dec. 2023 was 5.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dorian LPG's Inventory Turnover for the quarter that ended in Dec. 2023 was 17.39.

Dorian LPG Inventory-to-Revenue Historical Data

The historical data trend for Dorian LPG'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.

Dorian LPG Inventory-to-Revenue Chart

Dorian LPG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory-to-Revenue

Get a 7-Day Free Trial

0.01

Dorian LPG 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															0.02	0.02	0.02	0.02	0.02

Competitive Comparison of Dorian LPG's Inventory-to-Revenue

For the Oil & Gas Midstream subindustry, Dorian LPG'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.

Dorian LPG's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dorian LPG's Inventory-to-Revenue distribution charts can be found below:

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

Dorian LPG Inventory-to-Revenue Calculation

Dorian LPG's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory-to-Revenue (A: Mar. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )
=	( (2.266	+	2.642)	/	2 )	/	389.749
=	2.454					/	389.749
=	0.01

Dorian LPG'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 )
=	( (2.685	+	2.573)	/	2 )	/	163.065
=	2.629					/	163.065
=	0.02

Dorian LPG (NYSE:LPG) 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.

Dorian LPG'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
	=	2.629	/	45.71	*	365 / 4
	=	5.25

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

Dorian LPG'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 )
	=	45.71	/	2.629
	=	17.39

Dorian LPG Inventory-to-Revenue Related Terms

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

Dorian LPG (Dorian LPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorian LPG Ltd (NYSE:LPG) » Definitions » Inventory-to-Revenue

Comparable Companies

GEL GLP NVGS PBT TNK DHT TNP TK NGL BROG TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

0DA:Germany 0DA:Germany

Address

27 Signal Road, Stamford, CT, USA, 06902

Website

https://www.dorianlpg.com

Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.

Executives

John C Hadjipateras	director, officer: Chief Executive Officer	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Christina Tan	director	1453 FAIRFIELD BEACH ROAD, FAIRFIELD CT 06824
Theodore B. Young	officer: Chief Financial Officer	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Alexander C. Hadjipateras	officer: EVP at Dorian LPG (USA) LLC	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Tim Truels Hansen	officer: Chief Commercial Officer	STRANDHOLMS ALLE 23, HVIDOVRE G7 2650
John Lycouris	director, officer: CEO of Dorian LPG (USA) LLC	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Thomas Jason Coleman	director	C/O KENSICO CAPITAL MANAGEMENT, 55 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Marit Lunde	director	27 SIGNAL ROAD, STAMFORD CT 06902
Ted Kalborg	director	C/O TUFTON OCEANIC LIMITED, ALBEMARLE HOUSE, 1, ALBEMARLE STREET, LONDON X0 SW1 4HA
Bw Group Ltd	10 percent owner	MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Bw Lpg Holding Ltd	other: Member of 10% owner group	C/O MAPLETREE BUSINESS CITY #17-02, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Hna Investment Management Llc	10 percent owner	C/O HNA GROUP NORTH AMERICA LLC, 1180 AVENUE OF THE AMERICAS, SUITE 1910, NEW YORK NY 10036
Scorpio Tankers Inc.	10 percent owner	L'EXOTIQUE 99 BOULEVARD JARDIN EXOTIQUE, MONACO O9 98000
Family Foundation Sohmen	10 percent owner	HEILIGKREUZ 6, P O BOX 484, VADUZ N2 FL-9490
Bw Euroholdings Ltd	10 percent owner	MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438