What is Zhongyu Energy Holdings 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. Zhongyu Energy Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$943 Mil. Zhongyu Energy Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$6,622 Mil.
Zhongyu Energy Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.
Zhongyu Energy Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Jun. 2023 (0.14) to Jun. 2023 (0.14)
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.
Zhongyu Energy Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 28.95.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhongyu Energy Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.30.
Zhongyu Energy Holdings Inventory-to-Revenue Historical Data
The historical data trend for Zhongyu Energy Holdings'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.
Zhongyu Energy Holdings Inventory-to-Revenue Chart
Competitive Comparison of Zhongyu Energy Holdings's Inventory-to-Revenue
For the Utilities - Regulated Gas subindustry, Zhongyu Energy Holdings'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.
Zhongyu Energy Holdings's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Zhongyu Energy Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Zhongyu Energy Holdings's Inventory-to-Revenue falls into.
Zhongyu Energy Holdings 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.
Zhongyu Energy Holdings'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.
Zhongyu Energy Holdings (HKSE:03633) 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.
Zhongyu Energy Holdings'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.
Zhongyu Energy Holdings Inventory-to-Revenue Related Terms
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Zhongyu Energy Holdings (HKSE:03633) Business Description
Zhongyu Energy Holdings Ltd is mainly engaged in the sales of piped gas. Its business segments include sales of gas; gas pipeline construction; value-added services (including sales of stoves and provision of other related services); operation of CNG/LNG vehicle filling stations; and smart energy. The majority of revenue is derived from the sale of gas segment.
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