July brings improvement in the inventory-to-shipment ratio

Avatar photo

OTTAWA, Ont. — A sizable boost in shipments coupled with a continuing decline in inventory levels contributed to an improved inventory-to-shipment ratio.

The ratio fell back to 1.46 in July from June’s 1.49, the lowest level in four months.

The ratio is a measure of the time that would be required in order to exhaust finished-product inventories if shipments were to remain at their current level.

Looking specifically at finished-product inventories, the ratio edged back to 0.46 in July, following three months at 0.47. This is the first drop in the ratio since the start of the year. The finished-product inventory-to-shipment ratio has been on an upward trend since mid-2002.

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.


Have your say


This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*