What is Yanchang Petroleum International 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. Yanchang Petroleum International's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$465 Mil. Yanchang Petroleum International's Revenue for the
six
months ended in Dec. 2023 was HK$16,275 Mil.
Yanchang Petroleum International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.
Yanchang Petroleum International's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.06) to Jun. 2023 (0.03)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Yanchang Petroleum International's Days Inventory for the
six
months ended in Dec. 2023 was 5.25.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Yanchang Petroleum International's Inventory Turnover for the quarter that ended in Dec. 2023 was 34.78.
Yanchang Petroleum International Inventory-to-Revenue Historical Data
* 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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Yanchang Petroleum International Inventory-to-Revenue Chart
Competitive Comparison of Yanchang Petroleum International's Inventory-to-Revenue
For the Oil & Gas Integrated subindustry, Yanchang Petroleum International'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.
Yanchang Petroleum International's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Yanchang Petroleum International's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Yanchang Petroleum International's Inventory-to-Revenue falls into.
Yanchang Petroleum International 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.
* 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.
Yanchang Petroleum International (HKSE:00346) 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.
Yanchang Petroleum International's Days Inventory for the
six
months ended in Dec. 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.
Yanchang Petroleum International Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Yanchang Petroleum International's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Yanchang Petroleum International (HKSE:00346) Business Description
Yanchang Petroleum International Ltd is engaged in supply and procurement operation of oil-related products. The operating segments of the company are Exploration, exploitation, and operation which comprises the oil and gas exploration, exploitation, sale and operation; and Supply and procurement business segment involves storage, transportation, trading and distribution of oil-related products. It generates maximum revenue from Supply and procurement segment. Geographically, it derives majority revenue from PRC and also has an operation in Canada and Others.
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