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U-Ming Marine Transport (TPE:2606) Inventory-to-Revenue : 0.17 (As of Mar. 2024)


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What is U-Ming Marine Transport 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. U-Ming Marine Transport's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$646 Mil. U-Ming Marine Transport's Revenue for the three months ended in Mar. 2024 was NT$3,845 Mil. U-Ming Marine Transport's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.17.

U-Ming Marine Transport's Inventory-to-Revenue for the quarter that ended in Mar. 2024 stayed the same from Dec. 2023 (0.17) to Dec. 2023 (0.17)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. U-Ming Marine Transport's Days Inventory for the three months ended in Mar. 2024 was 21.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. U-Ming Marine Transport's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.33.


U-Ming Marine Transport Inventory-to-Revenue Historical Data

The historical data trend for U-Ming Marine Transport'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.

U-Ming Marine Transport Inventory-to-Revenue Chart

U-Ming Marine Transport Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.06 0.04 0.04 0.04

U-Ming Marine Transport Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.22 0.18 0.16 0.17 0.17

Competitive Comparison of U-Ming Marine Transport's Inventory-to-Revenue

For the Marine Shipping subindustry, U-Ming Marine Transport'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.


U-Ming Marine Transport's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, U-Ming Marine Transport's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where U-Ming Marine Transport's Inventory-to-Revenue falls into.



U-Ming Marine Transport 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.

U-Ming Marine Transport'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 )
=( (524.841 + 606.769) / 2 ) / 14375.473
=565.805 / 14375.473
=0.04

U-Ming Marine Transport's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (606.769 + 684.414) / 2 ) / 3845.246
=645.5915 / 3845.246
=0.17

* 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.


U-Ming Marine Transport  (TPE:2606) 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.

U-Ming Marine Transport's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=645.5915/2792.935*365 / 4
=21.09

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

U-Ming Marine Transport's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=2792.935 / 645.5915
=4.33

* 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.


U-Ming Marine Transport Inventory-to-Revenue Related Terms

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U-Ming Marine Transport (TPE:2606) Business Description

Traded in Other Exchanges
N/A
Address
No. 207, Section 2, Tun Hwa South Road, 29th Floor, Taipei, TWN, 106
U-Ming Marine Transport Corp is a transportation and logistics company, domiciled in Taiwan. The company organizes itself into two segments: marine transportation and investment. The marine transportation segment, which contributes the vast majority of revenue, owns and operates a fleet of vessels to transport dry bulk cargo, including cement, oil, coal, iron ore, steel, grain, and other commodities.

U-Ming Marine Transport (TPE:2606) Headlines

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