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Xinte Energy Co (HKSE:01799) Inventory-to-Revenue : 0.27 (As of Dec. 2023)


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What is Xinte 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. Xinte Energy Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$3,947 Mil. Xinte Energy Co's Revenue for the six months ended in Dec. 2023 was HK$14,399 Mil. Xinte Energy Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.27.

Xinte Energy Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.24) to Jun. 2023 (0.27)

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. Xinte Energy Co's Days Inventory for the six months ended in Dec. 2023 was 59.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xinte Energy Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.05.


Xinte Energy Co Inventory-to-Revenue Historical Data

The historical data trend for Xinte Energy 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.

* Premium members only.

Xinte Energy Co Inventory-to-Revenue Chart

Xinte Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.18 0.13 0.12 0.14

Xinte Energy Co Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.24 0.18 0.24 0.27

Competitive Comparison of Xinte Energy Co's Inventory-to-Revenue

For the Solar subindustry, Xinte 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.


Xinte Energy Co's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinte Energy Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Xinte Energy Co's Inventory-to-Revenue falls into.



Xinte 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.

Xinte Energy 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 )
=( (5149.542 + 4000.526) / 2 ) / 33635.665
=4575.034 / 33635.665
=0.14

Xinte Energy 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 )
=( (3893.661 + 4000.526) / 2 ) / 14399.485
=3947.0935 / 14399.485
=0.27

* 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.


Xinte Energy Co  (HKSE:01799) 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.

Xinte Energy 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
=3947.0935/12029.504*365 / 2
=59.88

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

Xinte Energy 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 )
=12029.504 / 3947.0935
=3.05

* 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.


Xinte Energy Co Inventory-to-Revenue Related Terms

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Xinte Energy Co (HKSE:01799) Business Description

Traded in Other Exchanges
Address
No. 2249, Zhongxin Street, Ganquanpu Economic and Technological Development Zone, Xinjiang, Urumqi, CHN
Xinte Energy Co Ltd is engaged in the manufacturing of solar-grade polysilicon and photovoltaic project developers. It operates in four segments: Polysilicon, Construction of wind power & PV power plants, Operation of wind power & PV power plants, and Others. Other segments mainly comprise businesses including manufacturing and sales of the inverter, flexible direct current transmission converter valve, SVG, and other miscellaneous services. Business activity functions in the region of China.

Xinte Energy Co (HKSE:01799) Headlines

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