What is SINOPEC Engineering (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. SINOPEC Engineering (Group) Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$712 Mil. SINOPEC Engineering (Group) Co's Revenue for the
six
months ended in Dec. 2023 was HK$34,335 Mil.
SINOPEC Engineering (Group) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.
SINOPEC Engineering (Group) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.03) to Jun. 2023 (0.02)
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.
SINOPEC Engineering (Group) Co's Days Inventory for the
six
months ended in Dec. 2023 was 4.24.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SINOPEC Engineering (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 43.04.
SINOPEC Engineering (Group) Co 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.
* Premium members only.
SINOPEC Engineering (Group) Co Inventory-to-Revenue Chart
Competitive Comparison of SINOPEC Engineering (Group) Co's Inventory-to-Revenue
For the Engineering & Construction subindustry, SINOPEC Engineering (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.
SINOPEC Engineering (Group) Co's Inventory-to-Revenue Distribution in the Construction Industry
For the Construction industry and Industrials sector, SINOPEC Engineering (Group) Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where SINOPEC Engineering (Group) Co's Inventory-to-Revenue falls into.
SINOPEC Engineering (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.
* 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.
SINOPEC Engineering (Group) Co (HKSE:02386) 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.
SINOPEC Engineering (Group) Co's Days Inventory for the
six
months ended in Dec. 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.
SINOPEC Engineering (Group) Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of SINOPEC Engineering (Group) Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
SINOPEC Engineering (Group) Co (HKSE:02386) Business Description
SINOPEC Engineering (Group) Co Ltd is a wholly owned subsidiary of the Sinopec Group, a Chinese company. The group provides integrated engineering services and technical patents for domestic and international refining and chemical engineering businesses. The group mainly contains four segments: engineering, consulting and licensing; engineering, procurement and construction (EPC) contracting; construction; and equipment manufacturing. The company generates most of its revenue from the EPC contracting segment. Geographically, the business presence of the group is primarily seen in China, Malaysia, Kuwait, and Saudi Arabia.
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