Tidewater Midstream and Infrastructure (TSX:TWM) Inventory-to-Revenue : 0.15 (As of Dec. 2023)

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What is Tidewater Midstream and Infrastructure 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. Tidewater Midstream and Infrastructure's Average Total Inventories for the quarter that ended in Dec. 2023 was C$75 Mil. Tidewater Midstream and Infrastructure's Revenue for the three months ended in Dec. 2023 was C$503 Mil. Tidewater Midstream and Infrastructure's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

Tidewater Midstream and Infrastructure's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.09) to Sep. 2023 (0.15)

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. Tidewater Midstream and Infrastructure's Days Inventory for the three months ended in Dec. 2023 was 13.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tidewater Midstream and Infrastructure's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.65.

Tidewater Midstream and Infrastructure Inventory-to-Revenue Historical Data

The historical data trend for Tidewater Midstream and Infrastructure'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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Tidewater Midstream and Infrastructure Inventory-to-Revenue Chart

Tidewater Midstream and Infrastructure Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.04

0.05

0.03

0.04

Tidewater Midstream and Infrastructure 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															0.11	0.13	0.12	0.09	0.15

Competitive Comparison of Tidewater Midstream and Infrastructure's Inventory-to-Revenue

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure'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.

Tidewater Midstream and Infrastructure's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tidewater Midstream and Infrastructure's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tidewater Midstream and Infrastructure's Inventory-to-Revenue falls into.

Tidewater Midstream and Infrastructure Inventory-to-Revenue Calculation

Tidewater Midstream and Infrastructure'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 )
=	( (87.9	+	98.1)	/	2 )	/	2208.3
=	93					/	2208.3
=	0.04

Tidewater Midstream and Infrastructure'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 )
=	( (52.7	+	98.1)	/	2 )	/	503
=	75.4					/	503
=	0.15

Tidewater Midstream and Infrastructure (TSX:TWM) 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.

Tidewater Midstream and Infrastructure'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
	=	75.4	/	501.5	*	365 / 4
	=	13.72

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

Tidewater Midstream and Infrastructure'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 )
	=	501.5	/	75.4
	=	6.65

Tidewater Midstream and Infrastructure Inventory-to-Revenue Related Terms

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Tidewater Midstream and Infrastructure (TSX:TWM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Midstream and Infrastructure Ltd (TSX:TWM) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

TWMIF:USA TL5:Germany

Address

222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4

Website

https://www.tidewatermidstream.com

Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities. Its business segments consist of Midstream; Downstream; Marketing and others. The company generates maximum revenue from the Marketing and other.

Tidewater Midstream and Infrastructure (TSX:TWM) Headlines

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