GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » JY Gas Ltd (HKSE:01407) » Definitions » Inventory-to-Revenue

JY Gas (HKSE:01407) Inventory-to-Revenue : 0.05 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is JY Gas 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. JY Gas's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$9.8 Mil. JY Gas's Revenue for the six months ended in Dec. 2023 was HK$217.6 Mil. JY Gas's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

JY Gas's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.04) to Jun. 2023 (0.05)

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. JY Gas's Days Inventory for the six months ended in Dec. 2023 was 9.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. JY Gas's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.43.


JY Gas Inventory-to-Revenue Historical Data

The historical data trend for JY Gas'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.

* Premium members only.

JY Gas Inventory-to-Revenue Chart

JY Gas Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.03 0.04 0.03 0.02 0.03

JY Gas Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial - 0.04 0.04 0.04 0.05

Competitive Comparison of JY Gas's Inventory-to-Revenue

For the Utilities - Regulated Gas subindustry, JY Gas'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.


JY Gas's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, JY Gas's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where JY Gas's Inventory-to-Revenue falls into.



JY Gas 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.

JY Gas'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 )
=( (10.944 + 11.427) / 2 ) / 441.327
=11.1855 / 441.327
=0.03

JY Gas'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 )
=( (8.164 + 11.427) / 2 ) / 217.606
=9.7955 / 217.606
=0.05

* 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.


JY Gas  (HKSE:01407) 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.

JY Gas'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
=9.7955/180.54*365 / 2
=9.90

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

JY Gas'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 )
=180.54 / 9.7955
=18.43

* 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.


JY Gas Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of JY Gas's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


JY Gas (HKSE:01407) Business Description

Traded in Other Exchanges
N/A
Address
No. 2568 Shi’an Road (West), 3rd Floor, Jiaoyun Group Building, Gaomi City, Weifang Municipality, Shandong Provinc, Weifang, CHN
JY Gas Ltd is a natural gas operator in Gaomi City, Weifang Municipality of Shandong Province. The company derives revenue from the sale of natural gas. Natural gas which it sells includes pipeline natural gas, compressed natural gas and liquefied natural gas. The sale of pipelined natural gas is its principal business.
Executives
Luan Xiaolong 2201 Interest of corporation controlled by you
Zhou Zhan 2202 Interest of your spouse
Lxl Phoenix Limited 2101 Beneficial owner
Cui Shuhua 2202 Interest of your spouse
Llj Phoenix Limited 2101 Beneficial owner
Luan Linjiang 2201 Interest of corporation controlled by you
Sdjy Holding Limited 2201 Interest of corporation controlled by you
Segm Holding Limited 2101 Beneficial owner

JY Gas (HKSE:01407) Headlines

No Headlines