China High Speed Transmission Equipment Group Co (HKSE:00658) Inventory-to-Revenue : 0.59 (As of Dec. 2023)

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What is China High Speed Transmission Equipment Group 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. China High Speed Transmission Equipment Group Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$8,230 Mil. China High Speed Transmission Equipment Group Co's Revenue for the six months ended in Dec. 2023 was HK$14,022 Mil. China High Speed Transmission Equipment Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.59.

China High Speed Transmission Equipment Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.69) to Jun. 2023 (0.59)

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. China High Speed Transmission Equipment Group Co's Days Inventory for the six months ended in Dec. 2023 was 122.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. China High Speed Transmission Equipment Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.49.

China High Speed Transmission Equipment Group Co Inventory-to-Revenue Historical Data

The historical data trend for China High Speed Transmission Equipment Group Co'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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China High Speed Transmission Equipment Group Co Inventory-to-Revenue Chart

China High Speed Transmission Equipment Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.25

0.20

0.22

0.30

0.28

China High Speed Transmission Equipment Group Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.48	0.58	0.57	0.69	0.59

Competitive Comparison of China High Speed Transmission Equipment Group Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, China High Speed Transmission Equipment Group 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.

China High Speed Transmission Equipment Group Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China High Speed Transmission Equipment Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where China High Speed Transmission Equipment Group Co's Inventory-to-Revenue falls into.

China High Speed Transmission Equipment Group Co Inventory-to-Revenue Calculation

China High Speed Transmission Equipment Group Co'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 )
=	( (7737.271	+	7158.62)	/	2 )	/	26335.076
=	7447.9455					/	26335.076
=	0.28

China High Speed Transmission Equipment Group Co'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (9300.659	+	7158.62)	/	2 )	/	14021.756
=	8229.6395					/	14021.756
=	0.59

China High Speed Transmission Equipment Group Co (HKSE:00658) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

China High Speed Transmission Equipment Group Co's Days Inventory for the six 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
	=	8229.6395	/	12225.825	*	365 / 2
	=	122.85

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

China High Speed Transmission Equipment Group Co'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 )
	=	12225.825	/	8229.6395
	=	1.49

China High Speed Transmission Equipment Group Co Inventory-to-Revenue Related Terms

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China High Speed Transmission Equipment Group Co (HKSE:00658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China High Speed Transmission Equipment Group Co Ltd (HKSE:00658) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

CHSTY:USA BGR:Germany

Address

No. 30, Houjiao Road, Jiangning District, Nanjing, CHN

Website

https://www.chste.com

China High Speed Transmission Equipment Group Co Ltd is a China-based company that is engaged in researching, developing, designing, manufacturing, and distributing a wide range of mechanical transmission equipment. Its business portfolio includes Wind Energy Gearboxes; Rail Vehicle Gearboxes; Industrial Gearbox; and Robot Reducers. The company's segment includes Wind and industrial gear transmission equipment; Rail transportation gear transmission equipment segment; Trading business and Others.

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