What is Shenzhen Energy 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. Shenzhen Energy Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,456 Mil. Shenzhen Energy Group Co's Revenue for the
three
months ended in Mar. 2024 was ¥9,610 Mil.
Shenzhen Energy Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.
Shenzhen Energy Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.15) to Dec. 2023 (0.15)
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.
Shenzhen Energy Group Co's Days Inventory for the
three
months ended in Mar. 2024 was 18.20.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shenzhen Energy Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.02.
Shenzhen Energy Group Co Inventory-to-Revenue Historical Data
The historical data trend for Shenzhen Energy 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.
Shenzhen Energy Group Co Inventory-to-Revenue Chart
Competitive Comparison of Shenzhen Energy Group Co's Inventory-to-Revenue
For the Utilities - Diversified subindustry, Shenzhen Energy 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.
Shenzhen Energy Group Co's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shenzhen Energy Group Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shenzhen Energy Group Co's Inventory-to-Revenue falls into.
Shenzhen Energy 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.
Shenzhen Energy Group Co's Inventory-to-Revenue for the fiscal year that 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.
Shenzhen Energy Group Co (SZSE:000027) 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.
Shenzhen Energy Group Co'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.
Shenzhen Energy Group Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shenzhen Energy Group Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shenzhen Energy Group Co (SZSE:000027) Business Description
Shenzhen Energy Group Co Ltd is a China-based company primarily engaged in the business of development, procurement, and marketing of various conventional and new energy sources. The company is an integrated energy enterprise, with its business covering the sectors of electric power, solid waste treatment, and natural gas supply. It has the business presence in China and international countries. The businesses of the company are clean coal-fired power generation, gas power generation, renewable energy generation, environmental protection industry and urban gas. Its renewable energy generation business covers wind power, photovoltaic, hydropower and waste power.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:000027 has been successfully added to your 