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. Unifreight Africa's Average Total Inventories for the quarter that ended in Dec. 2023 was ZWG1,015 Mil. Unifreight Africa's Revenue for the
six
months ended in Dec. 2023 was ZWG16,832 Mil.
Unifreight Africa's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.
Unifreight Africa's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Dec. 2022 (0.05) to Dec. 2022 (0.06)
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.
Unifreight Africa's Days Inventory for the
six
months ended in Dec. 2023 was 16.22.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Unifreight Africa's Inventory Turnover for the quarter that ended in Dec. 2023 was 11.25.
Unifreight Africa Inventory-to-Revenue Historical Data
The historical data trend for Unifreight Africa'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 Unifreight Africa's Inventory-to-Revenue
For the Railroads subindustry, Unifreight Africa'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.
Unifreight Africa's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Unifreight Africa's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Unifreight Africa's Inventory-to-Revenue falls into.
Unifreight Africa 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.
Unifreight Africa'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.
Unifreight Africa (XZIM:UNIF.ZW) 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.
Unifreight Africa's Days Inventory for the
six
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.
Unifreight Africa Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Unifreight Africa's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Unifreight Africa Ltd is a Zimbabwe-based transport company. It is involved in the road transport industry whose main activities include inter-city freight consolidations, the distribution of general goods, and a courier service. The company's brands include Swift Transport, Bulwark Transport, and SkyNet Worldwide Express. Its operating divisions include Transport and Courier; Dedicated and Specialised and International distribution logistics. It operates in two segments namely Transport and Logistics solution and Investment property. The company generates maximum revenue from Transport and Logistics segment. Geographically, it derives revenue from Zimbabwe.
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