What is Construction Partners 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. Construction Partners's Average Total Inventories for the quarter that ended in Dec. 2023 was $90 Mil. Construction Partners's Revenue for the
three
months ended in Dec. 2023 was $397 Mil.
Construction Partners's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.23.
Construction Partners's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.18) to Sep. 2023 (0.23)
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.
Construction Partners's Days Inventory for the
three
months ended in Dec. 2023 was 23.92.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Construction Partners's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.81.
Construction Partners Inventory-to-Revenue Historical Data
The historical data trend for Construction Partners'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.
Competitive Comparison of Construction Partners's Inventory-to-Revenue
For the Engineering & Construction subindustry, Construction Partners'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.
Construction Partners's Inventory-to-Revenue Distribution in the Construction Industry
For the Construction industry and Industrials sector, Construction Partners's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Construction Partners's Inventory-to-Revenue falls into.
Construction Partners 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.
Construction Partners's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
Construction Partners (NAS:ROAD) 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.
Construction Partners's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Construction Partners Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Construction Partners's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Construction Partners (Construction Partners) Business Description
Construction Partners Inc operates as an infrastructure and road construction company. It provides construction products and services to the public and private sectors. Its services cover the construction of highways, roads, bridges, airports, and commercial and residential sites. The company provides site development, paving, utility and drainage systems, as well as supplies hot mix asphalt.
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