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CSX (CSX) Inventory-to-Revenue : 0.12 (As of Mar. 2024)


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What is CSX 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. CSX's Average Total Inventories for the quarter that ended in Mar. 2024 was $449 Mil. CSX's Revenue for the three months ended in Mar. 2024 was $3,681 Mil. CSX's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.

CSX's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.12) to Dec. 2023 (0.12)

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. CSX's Days Inventory for the three months ended in Mar. 2024 was 17.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. CSX's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.19.


CSX Inventory-to-Revenue Historical Data

The historical data trend for CSX'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.

CSX Inventory-to-Revenue Chart

CSX 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 0.02 0.03 0.03 0.02 0.03

CSX 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 0.10 0.11 0.12 0.12 0.12

Competitive Comparison of CSX's Inventory-to-Revenue

For the Railroads subindustry, CSX'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.


CSX's Inventory-to-Revenue Distribution in the Transportation Industry

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

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



CSX 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.

CSX'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 )
=( (341 + 446) / 2 ) / 14657
=393.5 / 14657
=0.03

CSX'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 )
=( (446 + 451) / 2 ) / 3681
=448.5 / 3681
=0.12

* 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.


CSX  (NAS:CSX) 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.

CSX'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
=448.5/2328*365 / 4
=17.58

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

CSX'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 )
=2328 / 448.5
=5.19

* 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.


CSX Inventory-to-Revenue Related Terms

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


CSX (CSX) Business Description

Traded in Other Exchanges
Address
500 Water Street, 15th Floor, Jacksonville, FL, USA, 32202
Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.8 billion in 2022. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.
Executives
Michael A. Cory officer: EVP & COO 500 WATER STREET, JACKSONVILLE FL 32202
Joseph R Hinrichs director, officer: President & CEO FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
John J Zillmer director ARAMARK CORP, 1101 MARKET ST, PHILADELPHIA PA 19107
James L Wainscott director C/O AK STEEL HOLDING CORP, 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Stephen Fortune officer: EVP - CD&TO 500 WATER STREET, JACKSONVILLE FL 32202
Nathan D Goldman officer: EVP & CLO 500 WATER STREET, JACKSONVILLE FL 32202
Angela C Williams officer: VP & Controller 500 WATER STREET, JACKSONVILLE FL 32202
Mark Kenneth Wallace officer: EVP - Corporate Affairs 7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
Sean R. Pelkey officer: VP & Acting CFO 500 WATER STREET, JACKSONVILLE FL 32202
David M Moffett director C/O PAYPAL HOLDINGS INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Diana B Sorfleet officer: EVP & CAO 500 WATER STREET, JACKSONVILLE FL 32202
Thomas Bostick director 20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Kevin S. Boone officer: VP & Interim CFO 500 WATER STREET, JACKSONVILLE FL 32202
James M Foote officer: EVP & COO GATX CORP, 500 WEST MONROE STREET, CHICAGO IL 60661
Paul C Hilal director MANTLE RIDGE, L.P., 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019

CSX (CSX) Headlines

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