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Eitzen Chemical ASA (OSTO:ECHEMO) Inventory-to-Revenue : 0.15 (As of Jun. 2020)


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What is Eitzen Chemical 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. Eitzen Chemical ASA's Average Total Inventories for the quarter that ended in Jun. 2020 was kr97 Mil. Eitzen Chemical ASA's Revenue for the three months ended in Jun. 2020 was kr660 Mil. Eitzen Chemical ASA's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.15.

Eitzen Chemical ASA's Inventory-to-Revenue for the quarter that ended in Jun. 2020 increased from Mar. 2020 (0.13) to Mar. 2020 (0.15)

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. Eitzen Chemical ASA's Days Inventory for the three months ended in Jun. 2020 was 16.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eitzen Chemical ASA's Inventory Turnover for the quarter that ended in Jun. 2020 was 5.44.


Eitzen Chemical ASA Inventory-to-Revenue Historical Data

The historical data trend for Eitzen Chemical 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.

Eitzen Chemical ASA Inventory-to-Revenue Chart

Eitzen Chemical ASA Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.04 0.04 0.04

Eitzen Chemical ASA Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 0.18 0.15 0.15 0.13 0.15

Competitive Comparison of Eitzen Chemical ASA's Inventory-to-Revenue

For the Marine Shipping subindustry, Eitzen Chemical 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.


Eitzen Chemical ASA's Inventory-to-Revenue Distribution in the Transportation Industry

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

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



Eitzen Chemical 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.

Eitzen Chemical ASA's Inventory-to-Revenue for the fiscal year that ended in Dec. 2019 is calculated as

Inventory-to-Revenue (A: Dec. 2019 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Revenue (A: Dec. 2019 )
=( (126.194 + 107.638) / 2 ) / 2938.241
=116.916 / 2938.241
=0.04

Eitzen Chemical ASA's Inventory-to-Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue (Q: Jun. 2020 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2020 ) + Total Inventories (Q: Jun. 2020 )) / count ) / Revenue (Q: Jun. 2020 )
=( (105.209 + 89.734) / 2 ) / 659.541
=97.4715 / 659.541
=0.15

* 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.


Eitzen Chemical ASA  (OSTO:ECHEMO) 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.

Eitzen Chemical ASA's Days Inventory for the three months ended in Jun. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2020 )/Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=97.4715/530.197*365 / 4
=16.78

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

Eitzen Chemical ASA's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2020 ) / Average Total Inventories (Q: Jun. 2020 )
=530.197 / 97.4715
=5.44

* 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.


Eitzen Chemical ASA Inventory-to-Revenue Related Terms

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Eitzen Chemical ASA (OSTO:ECHEMO) Business Description

Traded in Other Exchanges
N/A
Address
20 Reid Street, Williams House, 4th Floor, Hamilton, BMU, HM 11
Team Tankers International Ltd is a marine chemical and related products transportation company. It operates through chemical tanker segment and engaged in the transportation of organic chemicals, non-organic chemicals, clean and dirty petroleum products, vegetable oils and lube oils. The geographical area of operation include USA, Europe, Asia, Africa, North America and Oceania of which the USA delivers major revenue for the company.

Eitzen Chemical ASA (OSTO:ECHEMO) Headlines

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