What is Beijing Jingneng Clean Energy Co 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. Beijing Jingneng Clean Energy Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$116 Mil. Beijing Jingneng Clean Energy Co's Revenue for the
three
months ended in Dec. 2023 was HK$5,821 Mil.
Beijing Jingneng Clean Energy Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.
Beijing Jingneng Clean Energy Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.03) to Sep. 2023 (0.02)
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.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Beijing Jingneng Clean Energy Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.
Beijing Jingneng Clean Energy Co 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.
* Premium members only.
Beijing Jingneng Clean Energy Co Inventory-to-Revenue Chart
Competitive Comparison of Beijing Jingneng Clean Energy Co's Inventory-to-Revenue
For the Utilities - Regulated Electric subindustry, Beijing Jingneng Clean Energy Co'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.
Beijing Jingneng Clean Energy Co's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Beijing Jingneng Clean Energy Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Beijing Jingneng Clean Energy Co's Inventory-to-Revenue falls into.
Beijing Jingneng Clean Energy Co 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.
Beijing Jingneng Clean Energy Co (HKSE:00579) 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.
Beijing Jingneng Clean Energy Co's Days Inventory for the
three
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.
Beijing Jingneng Clean Energy Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Beijing Jingneng Clean Energy Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Beijing Jingneng Clean Energy Co (HKSE:00579) Business Description
Beijing Jingneng Clean Energy Co Ltd H is a subsidiary of the Beijing Energy Holding Company, a state-owned investment enterprise operating in China. The company produces electricity and heat energy from its gas-fired, wind, hydro, and solar power plants. Gas- and wind-powered facilities are responsible for most of this output. Beijing Jingneng Clean Energy generates nearly all of its revenue from the sale of electricity and heat energy resulting from its gas-fired power generation sites. The company is the largest gas-fired power supplier in Beijing and one of the largest wind power operators in China.
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