What is Yuan Heng Gas Holdings 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. Yuan Heng Gas Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$26 Mil. Yuan Heng Gas Holdings's Revenue for the
six
months ended in Sep. 2023 was HK$3,420 Mil.
Yuan Heng Gas Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.01.
Yuan Heng Gas Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023
increased
from Mar. 2023 (0.01) to Mar. 2023 (0.01)
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.
Yuan Heng Gas Holdings's Days Inventory for the
six
months ended in Sep. 2023 was 1.38.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Yuan Heng Gas Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 131.92.
Yuan Heng Gas Holdings Inventory-to-Revenue Historical Data
The historical data trend for Yuan Heng Gas Holdings'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 Yuan Heng Gas Holdings's Inventory-to-Revenue
For the Oil & Gas Refining & Marketing subindustry, Yuan Heng Gas Holdings'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.
Yuan Heng Gas Holdings's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Yuan Heng Gas Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Yuan Heng Gas Holdings's Inventory-to-Revenue falls into.
Yuan Heng Gas Holdings 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.
Yuan Heng Gas Holdings's Inventory-to-Revenue for the fiscal year that ended in Mar. 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.
Yuan Heng Gas Holdings (HKSE:00332) 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.
Yuan Heng Gas Holdings's Days Inventory for the
six
months ended in Sep. 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.
Yuan Heng Gas Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Yuan Heng Gas Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Yuan Heng Gas Holdings (HKSE:00332) Business Description
Yuan Heng Gas Holdings Ltd is an investment holding company. The company's operating segment includes production and sales of LNG, oil and gas transactions, and piped gas. The majority of the revenue is generated from oil and gas transactions. Its geographical segments include the People's Republic of China(PRC), Hong Kong, and Singapore, of which the majority of the revenue comes from PRC.
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