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Canvest Environmental Protection Group Co (HKSE:01381) Inventory-to-Revenue : 0.02 (As of Dec. 2023)


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What is Canvest Environmental Protection 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. Canvest Environmental Protection Group Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$33 Mil. Canvest Environmental Protection Group Co's Revenue for the six months ended in Dec. 2023 was HK$1,999 Mil. Canvest Environmental Protection Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Canvest Environmental Protection Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.01) to Jun. 2023 (0.02)

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. Canvest Environmental Protection Group Co's Days Inventory for the six months ended in Dec. 2023 was 5.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canvest Environmental Protection Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 32.25.


Canvest Environmental Protection Group Co Inventory-to-Revenue Historical Data

The historical data trend for Canvest Environmental Protection 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.

Canvest Environmental Protection Group Co Inventory-to-Revenue Chart

Canvest Environmental Protection 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 - - - - 0.01

Canvest Environmental Protection 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 0.01 0.01 0.01 0.01 0.02

Competitive Comparison of Canvest Environmental Protection Group Co's Inventory-to-Revenue

For the Waste Management subindustry, Canvest Environmental Protection 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.


Canvest Environmental Protection Group Co's Inventory-to-Revenue Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Canvest Environmental Protection Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Canvest Environmental Protection Group Co's Inventory-to-Revenue falls into.



Canvest Environmental Protection 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.

Canvest Environmental Protection 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 )
=( (30.569 + 31.625) / 2 ) / 4980.16
=31.097 / 4980.16
=0.01

Canvest Environmental Protection 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 )
=( (33.673 + 31.625) / 2 ) / 1999.139
=32.649 / 1999.139
=0.02

* 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.


Canvest Environmental Protection Group Co  (HKSE:01381) 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.

Canvest Environmental Protection 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
=32.649/1052.843*365 / 2
=5.66

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

Canvest Environmental Protection 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 )
=1052.843 / 32.649
=32.25

* 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.


Canvest Environmental Protection Group Co Inventory-to-Revenue Related Terms

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Canvest Environmental Protection Group Co (HKSE:01381) Business Description

Traded in Other Exchanges
Address
2 San Yuan Road, Level 24, Canvest Tower, Nan Cheng District, Guangdong, Dongguan, CHN
Canvest Environmental Protection Group Co Ltd develops and operates waste-to-energy plants. Incineration systems and technologies help treat waste and process components into energy. The company sells energy to clients, and continues to monitor applications and work toward reducing emissions of carbon dioxide. Revenues can be broken down into four business areas: Power sales, Waste treatment fees, Construction, and Finance income. It treats various types of waste, including sludge, ash from incineration systems, industrial sold waste, and wastewater. The majority of the company's revenue and assets are generated and located in China.
Executives
Best Approach Developments Limited 2106 Person having a security interest in shares
Century Rise Development Limited 2106 Person having a security interest in shares
Harvest Vista Company Limited 2106 Person having a security interest in shares
Hsbc International Trustee Limited 2106 Person having a security interest in shares
Shanghai Industrial Holdings Limited 2101 Beneficial owner
Shanghai Industrial Investment (holdings) Company Limited 2201 Interest of corporation controlled by you
Lai Kin Man 2106 Person having a security interest in shares
Lai Chun Tung 2106 Person having a security interest in shares
Lee Wing Yee Loretta 2106 Person having a security interest in shares

Canvest Environmental Protection Group Co (HKSE:01381) Headlines

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