Chemtrade Logisticsome Fund (TSX:CHE.UN) Inventory-to-Revenue : 0.31 (As of Dec. 2023)

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What is Chemtrade Logisticsome Fund 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. Chemtrade Logisticsome Fund's Average Total Inventories for the quarter that ended in Dec. 2023 was C$132 Mil. Chemtrade Logisticsome Fund's Revenue for the three months ended in Dec. 2023 was C$422 Mil. Chemtrade Logisticsome Fund's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.

Chemtrade Logisticsome Fund's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.29) to Sep. 2023 (0.31)

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. Chemtrade Logisticsome Fund's Days Inventory for the three months ended in Dec. 2023 was 33.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chemtrade Logisticsome Fund's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.72.

Chemtrade Logisticsome Fund Inventory-to-Revenue Historical Data

The historical data trend for Chemtrade Logisticsome Fund'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.

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Chemtrade Logisticsome Fund Inventory-to-Revenue Chart

Chemtrade Logisticsome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.09

0.08

0.07

Chemtrade Logisticsome Fund 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															0.32	0.31	0.30	0.29	0.31

Competitive Comparison of Chemtrade Logisticsome Fund's Inventory-to-Revenue

For the Chemicals subindustry, Chemtrade Logisticsome Fund'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.

Chemtrade Logisticsome Fund's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemtrade Logisticsome Fund's Inventory-to-Revenue distribution charts can be found below:

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

Chemtrade Logisticsome Fund Inventory-to-Revenue Calculation

Chemtrade Logisticsome Fund'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 )
=	( (147.38	+	124.906)	/	2 )	/	1846.766
=	136.143					/	1846.766
=	0.07

Chemtrade Logisticsome Fund'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 )
=	( (139.44	+	124.906)	/	2 )	/	422.016
=	132.173					/	422.016
=	0.31

Chemtrade Logisticsome Fund (TSX:CHE.UN) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Chemtrade Logisticsome Fund'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
	=	132.173	/	359.878	*	365 / 4
	=	33.51

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

Chemtrade Logisticsome Fund'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 )
	=	359.878	/	132.173
	=	2.72

Chemtrade Logisticsome Fund Inventory-to-Revenue Related Terms

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Chemtrade Logisticsome Fund (TSX:CHE.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemtrade Logistics Income Fund (TSX:CHE.UN) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

CGIFF:USA

Address

155 Gordon Baker Road, Suite 300, Toronto, ON, CAN, M2H 3N5

Website

https://www.chemtradelogistics.com

Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company is organized into four main operating segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), Electrochemicals, and Corporate. SPPC markets, remove, and produces merchant, regenerated, and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services. WSSC manufactures and markets inorganic coagulants used in water treatment, which includes aluminium sulphate, aluminium chlorodryhate, polyaluminium chloride, sodium nitrate, potassium chloride, and other specialty chemicals. Its geographical segments are Canada, the United States, and South America.

Chemtrade Logisticsome Fund (TSX:CHE.UN) Headlines

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