What is China HK Power Smart Energy Group 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 HK Power Smart Energy Group's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$8.6 Mil. China HK Power Smart Energy Group's Revenue for the
six
months ended in Sep. 2023 was HK$128.6 Mil.
China HK Power Smart Energy Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.07.
China HK Power Smart Energy Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023
declined
from Mar. 2023 (0.12) to Mar. 2023 (0.07)
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 HK Power Smart Energy Group's Days Inventory for the
six
months ended in Sep. 2023 was 12.15.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China HK Power Smart Energy Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 15.03.
China HK Power Smart Energy Group 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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China HK Power Smart Energy Group Inventory-to-Revenue Chart
Competitive Comparison of China HK Power Smart Energy Group's Inventory-to-Revenue
For the Oil & Gas Refining & Marketing subindustry, China HK Power Smart Energy Group'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 HK Power Smart Energy Group's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China HK Power Smart Energy Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China HK Power Smart Energy Group's Inventory-to-Revenue falls into.
China HK Power Smart Energy Group 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.
China HK Power Smart Energy Group (HKSE:00931) 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.
China HK Power Smart Energy Group'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.
China HK Power Smart Energy Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of China HK Power Smart Energy Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
China HK Power Smart Energy Group (HKSE:00931) Business Description
China HK Power Smart Energy Group Ltd Formerly China LNG Group Ltd is engaged in the development of new energy businesses, which include investment, construction & operation of liquefied natural gas infrastructure, and financial leasing services. Its segments include financial services through finance leasing services for LNG vehicles, vessels, and equipment, provision of LNG in the downstream market, provision of commercial vehicle platform services, trading of securities, properties investment, and financial services through the provision of money lending business & LNG business which is Sales & distribution of LNG including wholesale of LNG, point-to-point supply of LNG, LNG pipeline network and provision of LNG logistic services in the PRC. The majority of revenue is from LNG business.
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