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. Huzhou Gas Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$19 Mil. Huzhou Gas Co's Revenue for the
six
months ended in Dec. 2023 was HK$1,397 Mil.
Huzhou Gas Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.
Huzhou Gas Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.02) to Jun. 2023 (0.01)
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.
Huzhou Gas Co's Days Inventory for the
six
months ended in Dec. 2023 was 2.87.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Huzhou Gas Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 63.61.
Huzhou Gas Co Inventory-to-Revenue Historical Data
The historical data trend for Huzhou Gas 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.
Competitive Comparison of Huzhou Gas Co's Inventory-to-Revenue
For the Utilities - Regulated Gas subindustry, Huzhou Gas 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.
Huzhou Gas Co's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Huzhou Gas Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Huzhou Gas Co's Inventory-to-Revenue falls into.
Huzhou Gas 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.
Huzhou Gas 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.
Huzhou Gas Co (HKSE:06661) 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.
Huzhou Gas 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.
Huzhou Gas Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Huzhou Gas Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Huzhou Gas Co Ltd is the largest piped natural gas distributor. The principal business of the company comprises of sale of gas, mainly PNG under the Concessions; provision of construction and installation services to construct and install end-user pipeline network and gas facilities for customers such as property developers and owners or occupants of residential and non-residential properties; and others, including sale of household gas appliances.
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