What is Shandong Chenming Paper Holdings 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. Shandong Chenming Paper Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was HK$5,446 Mil. Shandong Chenming Paper Holdings's Revenue for the
three
months ended in Mar. 2024 was HK$7,345 Mil.
Shandong Chenming Paper Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.
Shandong Chenming Paper Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.75) to Dec. 2023 (0.74)
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.
Shandong Chenming Paper Holdings's Days Inventory for the
three
months ended in Mar. 2024 was 77.20.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shandong Chenming Paper Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.18.
Shandong Chenming Paper Holdings 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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Shandong Chenming Paper Holdings Inventory-to-Revenue Chart
Competitive Comparison of Shandong Chenming Paper Holdings's Inventory-to-Revenue
For the Paper & Paper Products subindustry, Shandong Chenming Paper Holdings'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.
Shandong Chenming Paper Holdings's Inventory-to-Revenue Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, Shandong Chenming Paper Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shandong Chenming Paper Holdings's Inventory-to-Revenue falls into.
Shandong Chenming Paper Holdings 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.
Shandong Chenming Paper Holdings (HKSE:01812) 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.
Shandong Chenming Paper Holdings's Days Inventory for the
three
months ended in Mar. 2024 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.
Shandong Chenming Paper Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shandong Chenming Paper Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shandong Chenming Paper Holdings (HKSE:01812) Business Description
Shandong Chenming Paper Holdings Ltd is a paper making company. The company's product mix consists of printing paper, packaging paper, office paper, industrial paper and household paper, and various other types of paper mixes. Maximum revenue is derived from the sale of its paper products. The company's segments are Machine-made paper, Financial services, Hotels and property, and other segments. Geographically, it derives a majority of revenue from Mainland China.
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