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Ashford (Ashford) Inventory-to-Revenue : 0.01 (As of Dec. 2023)


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What is Ashford 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. Ashford's Average Total Inventories for the quarter that ended in Dec. 2023 was $2.5 Mil. Ashford's Revenue for the three months ended in Dec. 2023 was $187.7 Mil. Ashford's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Ashford's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.01) to Sep. 2023 (0.01)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ashford's Days Inventory for the three months ended in Dec. 2023 was 1.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ashford's Inventory Turnover for the quarter that ended in Dec. 2023 was 64.79.


Ashford Inventory-to-Revenue Historical Data

The historical data trend for Ashford'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.

Ashford Inventory-to-Revenue Chart

Ashford 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 0.01 0.01 - - -

Ashford Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Ashford's Inventory-to-Revenue

For the Asset Management subindustry, Ashford'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.


Ashford's Inventory-to-Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ashford's Inventory-to-Revenue distribution charts can be found below:

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



Ashford 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.

Ashford'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 )
=( (2.143 + 2.481) / 2 ) / 746.795
=2.312 / 746.795
=0.00

Ashford's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (2.544 + 2.481) / 2 ) / 187.748
=2.5125 / 187.748
=0.01

* 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.


Ashford  (AMEX:AINC) 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.

Ashford's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=2.5125/162.789*365 / 4
=1.41

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

Ashford's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=162.789 / 2.5125
=64.79

* 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.


Ashford Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Ashford's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashford (Ashford) Business Description

Traded in Other Exchanges
Address
14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254
Ashford Inc is a provider of asset management and advisory services to other entities, primarily within the hospitality industry. The company's operating segments include REIT Advisory, Remington, Premier, INSPIRE, RED and OpenKey, and Corporate and Other. It generates maximum revenue from the Remington segment. INSPIRE segment provides event technology and creative communications solutions services. The REIT Advisory segment provides asset management and advisory services to other entities. Its Remington segment provides hotel management services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Mexico and All other countries.
Executives
Darrell T Hail director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Jeremy Welter officer: EVP - Asset Management 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Alex Rose officer: Exec. VP, GC and Secretary 14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75254
Deric S Eubanks officer: CFO and Treasurer 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Robert G. Haiman officer: Exec. VP, GC and Secretary 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Mark Nunneley officer: Chief Accounting Officer 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ashford Hospitality Trust Inc 10 percent owner 14185 DALLAS PARKWAY SUITE 1100, DALLAS TX 75254
W Michael Murphy director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Hays J Robison Iii officer: Chief Strategy Officer 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Archie Jr Bennett 10 percent owner 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ashford Hospitality Lp 10 percent owner 14180 DALLAS PARKWAY, 9TH FLOOR, DALLAS TX 75254
Uno Immanivong director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Richard J Stockton other: CEO of Ashford Hosp. Prime Inc 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ashford Op Ltd Partner Llc 10 percent owner 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Brian Wheeler director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254