What is Secure Energy Services 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. Secure Energy Services's Average Total Inventories for the quarter that ended in Mar. 2024 was C$204 Mil. Secure Energy Services's Revenue for the
three
months ended in Mar. 2024 was C$2,849 Mil.
Secure Energy Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.07.
Secure Energy Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.06) to Dec. 2023 (0.07)
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.
Secure Energy Services's Days Inventory for the
three
months ended in Mar. 2024 was 6.79.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Secure Energy Services's Inventory Turnover for the quarter that ended in Mar. 2024 was 13.43.
Secure Energy Services Inventory-to-Revenue Historical Data
The historical data trend for Secure Energy Services'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 Secure Energy Services's Inventory-to-Revenue
For the Waste Management subindustry, Secure Energy Services'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.
Secure Energy Services's Inventory-to-Revenue Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Secure Energy Services's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Secure Energy Services's Inventory-to-Revenue falls into.
Secure Energy Services 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.
Secure Energy Services's Inventory-to-Revenue for the fiscal year that 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.
Secure Energy Services (TSX:SES) 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.
Secure Energy Services's Days Inventory for the
three
months ended in Mar. 2024 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.
Secure Energy Services Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Secure Energy Services's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Secure Energy Services (TSX:SES) Business Description
Secure Energy Services Inc provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental and Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. The Environmental and Fluid Management segment includes a network of landfill disposal facilities; onsite abandonment, remediation, and reclamation management; a suite of comprehensive environmental management solutions. The company's geographical segments are Canada and the United States.
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