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Yang Ming Marine Transport (TPE:2609) Inventory-to-Revenue : 0.14 (As of Dec. 2023)


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What is Yang Ming Marine Transport 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. Yang Ming Marine Transport's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$4,573 Mil. Yang Ming Marine Transport's Revenue for the three months ended in Dec. 2023 was NT$32,723 Mil. Yang Ming Marine Transport's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

Yang Ming Marine Transport's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.13) to Sep. 2023 (0.14)

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. Yang Ming Marine Transport's Days Inventory for the three months ended in Dec. 2023 was 12.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yang Ming Marine Transport's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.45.


Yang Ming Marine Transport Inventory-to-Revenue Historical Data

The historical data trend for Yang Ming Marine Transport'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.

Yang Ming Marine Transport Inventory-to-Revenue Chart

Yang Ming Marine Transport 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 0.03 0.02 0.01 0.01 0.03

Yang Ming Marine Transport 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 0.09 0.12 0.13 0.13 0.14

Competitive Comparison of Yang Ming Marine Transport's Inventory-to-Revenue

For the Marine Shipping subindustry, Yang Ming Marine Transport'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.


Yang Ming Marine Transport's Inventory-to-Revenue Distribution in the Transportation Industry

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

* The bar in red indicates where Yang Ming Marine Transport's Inventory-to-Revenue falls into.



Yang Ming Marine Transport 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.

Yang Ming Marine Transport'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 )
=( (4503.947 + 4535.017) / 2 ) / 140623.713
=4519.482 / 140623.713
=0.03

Yang Ming Marine Transport'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 )
=( (4610.857 + 4535.017) / 2 ) / 32722.789
=4572.937 / 32722.789
=0.14

* 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.


Yang Ming Marine Transport  (TPE:2609) 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.

Yang Ming Marine Transport'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
=4572.937/34059.78*365 / 4
=12.25

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

Yang Ming Marine Transport'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 )
=34059.78 / 4572.937
=7.45

* 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.


Yang Ming Marine Transport Inventory-to-Revenue Related Terms

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Yang Ming Marine Transport (TPE:2609) Business Description

Traded in Other Exchanges
N/A
Address
No. 271, Ming De 1st Road, Qidu District, Keelung, TWN, 206
Yang Ming Marine Transport Corp is a transportation and logistics company that is headquartered in Taiwan and operates in the container shipping industry. The company has three segments: containership, bulk shipping, and others. It generates revenue from contracts with customers for providing domestic and overseas marine container shipping and passenger services. The company also earns revenue from operating leases on ships, containers, and warehouses. It earns the largest portion of its sales from customers in America, followed by Europe and Asia.

Yang Ming Marine Transport (TPE:2609) Headlines

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