Green Hydrogen Systems A/S (OCSE:GREENH) Inventory-to-Revenue : 7.29 (As of Dec. 2023)

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What is Green Hydrogen Systems A/S 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. Green Hydrogen Systems A/S's Average Total Inventories for the quarter that ended in Dec. 2023 was kr198.62 Mil. Green Hydrogen Systems A/S's Revenue for the six months ended in Dec. 2023 was kr27.27 Mil. Green Hydrogen Systems A/S's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 7.29.

Green Hydrogen Systems A/S's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (12.28) to Jun. 2023 (7.29)

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. Green Hydrogen Systems A/S's Days Inventory for the six months ended in Dec. 2023 was 537.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Green Hydrogen Systems A/S's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.34.

Green Hydrogen Systems A/S Inventory-to-Revenue Historical Data

The historical data trend for Green Hydrogen Systems A/S'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.

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Green Hydrogen Systems A/S Inventory-to-Revenue Chart

Green Hydrogen Systems A/S Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.45

0.83

7.83

11.68

4.48

Green Hydrogen Systems A/S Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial					17.51	175.06	13.48	12.28	7.29

Competitive Comparison of Green Hydrogen Systems A/S's Inventory-to-Revenue

For the Utilities - Renewable subindustry, Green Hydrogen Systems A/S'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.

Green Hydrogen Systems A/S's Inventory-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Hydrogen Systems A/S's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Green Hydrogen Systems A/S's Inventory-to-Revenue falls into.

Green Hydrogen Systems A/S Inventory-to-Revenue Calculation

Green Hydrogen Systems A/S'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 )
=	( (170.004	+	205.799)	/	2 )	/	41.979
=	187.9015					/	41.979
=	4.48

Green Hydrogen Systems A/S'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 )
=	( (191.45	+	205.799)	/	2 )	/	27.266
=	198.6245					/	27.266
=	7.28

Green Hydrogen Systems A/S (OCSE:GREENH) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Green Hydrogen Systems A/S'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
	=	198.6245	/	67.447	*	365 / 2
	=	537.44

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

Green Hydrogen Systems A/S'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 )
	=	67.447	/	198.6245
	=	0.34

Green Hydrogen Systems A/S Inventory-to-Revenue Related Terms

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Green Hydrogen Systems A/S (OCSE:GREENH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Green Hydrogen Systems A/S (OCSE:GREENH) » Definitions » Inventory-to-Revenue

Traded in Other Exchanges

3LUA:Germany

Address

Nordager 21, Kolding, DNK, DK-6000

Website

https://www.greenhydrogen.dk

Green Hydrogen Systems A/S is a provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. The firm caters to industries that establish on-site green hydrogen production for different purposes as well as energy and transport companies being at the forefront of the development of Power-to-X applications and transition towards emission-free fuel. It generates revenue from the sale and installation of complete alkaline electrolysis solutions as well as the service of the installed systems. The company derives its revenue from Denmark, Norway, Sweden and other countries.

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