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China Titans Energy Technology Group Co (HKSE:02188) Inventory-to-Revenue : 0.85 (As of Dec. 2023)


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What is China Titans Energy Technology 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 Titans Energy Technology Group Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$217.5 Mil. China Titans Energy Technology Group Co's Revenue for the six months ended in Dec. 2023 was HK$257.5 Mil. China Titans Energy Technology Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.85.

China Titans Energy Technology Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (1.39) to Jun. 2023 (0.85)

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 Titans Energy Technology Group Co's Days Inventory for the six months ended in Dec. 2023 was 207.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Titans Energy Technology Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.88.


China Titans Energy Technology Group Co Inventory-to-Revenue Historical Data

The historical data trend for China Titans Energy Technology 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.

* Premium members only.

China Titans Energy Technology Group Co Inventory-to-Revenue Chart

China Titans Energy Technology Group 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 0.27 0.33 0.35 0.47 0.50

China Titans Energy Technology 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 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 Premium Member Only 0.65 1.17 0.78 1.39 0.85

Competitive Comparison of China Titans Energy Technology Group Co's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, China Titans Energy Technology 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 Titans Energy Technology Group Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Titans Energy Technology Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Titans Energy Technology Group Co's Inventory-to-Revenue falls into.



China Titans Energy Technology Group 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.

China Titans Energy Technology 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 )
=( (198.179 + 210.114) / 2 ) / 409.376
=204.1465 / 409.376
=0.50

China Titans Energy Technology 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 )
=( (224.839 + 210.114) / 2 ) / 257.46
=217.4765 / 257.46
=0.84

* 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 Titans Energy Technology Group Co  (HKSE:02188) 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 Titans Energy Technology 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
=217.4765/191.566*365 / 2
=207.18

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

China Titans Energy Technology 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 )
=191.566 / 217.4765
=0.88

* 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 Titans Energy Technology Group Co Inventory-to-Revenue Related Terms

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China Titans Energy Technology Group Co (HKSE:02188) Business Description

Traded in Other Exchanges
N/A
Address
No. 60 Shihua Road West, Titans Science and Technology Park, Guangdong Province, Zhuhai, CHN, 519015
China Titans Energy Technology Group Co Ltd is engaged in the supply of power electric products and equipment, the sales and leases of electric vehicles, the provision of charging services for electric vehicles, and construction services of charging poles for electric vehicles under Build-Operate-Transfer (BOT) arrangements. Its reporting segments are DC Power System; Charging Equipment; and Charging Services and Construction. The company generates majority of its revenue from the Charging Equipment segment. Its Charging Equipment segment is engaged in the manufacturing and sales of charging equipment for electric vehicles. Geographically, it operates in the PRC.
Executives
Li Xin Qing 2101 Beneficial owner
Zeng Zhen 2202 Interest of your spouse
An Wei 2101 Beneficial owner
Yan Kai 2202 Interest of your spouse
Li Xiao Bin 2101 Beneficial owner
Zhang Lina 2202 Interest of your spouse
Genius Mind Enterprises Limited
Great Passion International Limited
Honor Boom Investments Limited
Tang Shan Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Lu Chuping 2201 Interest of corporation controlled by you
Zhong Shan Da Yang Dian Ji Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Da Yang Dian Ji Xiang Gang You Xian Gong Si 2101 Beneficial owner

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