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. Intrepid Potash's Average Total Inventories for the quarter that ended in Dec. 2023 was $111.3 Mil. Intrepid Potash's Revenue for the
three
months ended in Dec. 2023 was $56.7 Mil.
Intrepid Potash's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.96.
Intrepid Potash's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (1.95) to Sep. 2023 (1.96)
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.
Intrepid Potash's Days Inventory for the
three
months ended in Dec. 2023 was 195.16.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Intrepid Potash's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.47.
Intrepid Potash Inventory-to-Revenue Historical Data
The historical data trend for Intrepid Potash'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 Intrepid Potash's Inventory-to-Revenue
For the Agricultural Inputs subindustry, Intrepid Potash'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.
Intrepid Potash's Inventory-to-Revenue Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, Intrepid Potash's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Intrepid Potash's Inventory-to-Revenue falls into.
Intrepid Potash 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.
Intrepid Potash'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.
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.
Intrepid Potash's Days Inventory for the
three
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.
Intrepid Potash Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Intrepid Potash's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Intrepid Potash (Intrepid Potash) Business Description
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium, and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, salt water disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.
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