Shanghai CEO Environmental Protection Technology Co (SHSE:688335) Inventory-to-Revenue : 3.67 (As of Mar. 2024)

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What is Shanghai CEO Environmental Protection Technology 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. Shanghai CEO Environmental Protection Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥53.1 Mil. Shanghai CEO Environmental Protection Technology Co's Revenue for the three months ended in Mar. 2024 was ¥14.5 Mil. Shanghai CEO Environmental Protection Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.67.

Shanghai CEO Environmental Protection Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.25) to Dec. 2023 (3.67)

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. Shanghai CEO Environmental Protection Technology Co's Days Inventory for the three months ended in Mar. 2024 was 406.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai CEO Environmental Protection Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.

Shanghai CEO Environmental Protection Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Shanghai CEO Environmental Protection Technology 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.

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Shanghai CEO Environmental Protection Technology Co Inventory-to-Revenue Chart

Shanghai CEO Environmental Protection Technology Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.27

0.20

0.16

0.08

0.11

Shanghai CEO Environmental Protection Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															0.45	0.54	1.31	0.25	3.67

Competitive Comparison of Shanghai CEO Environmental Protection Technology Co's Inventory-to-Revenue

For the Pollution & Treatment Controls subindustry, Shanghai CEO Environmental Protection Technology 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.

Shanghai CEO Environmental Protection Technology Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai CEO Environmental Protection Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shanghai CEO Environmental Protection Technology Co's Inventory-to-Revenue falls into.

Shanghai CEO Environmental Protection Technology Co Inventory-to-Revenue Calculation

Shanghai CEO Environmental Protection Technology 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 )
=	( (81.836	+	47.88)	/	2 )	/	576.082
=	64.858					/	576.082
=	0.11

Shanghai CEO Environmental Protection Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (47.88	+	58.37)	/	2 )	/	14.477
=	53.125					/	14.477
=	3.67

Shanghai CEO Environmental Protection Technology Co (SHSE:688335) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Shanghai CEO Environmental Protection Technology Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	53.125	/	11.935	*	365 / 4
	=	406.17

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

Shanghai CEO Environmental Protection Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	11.935	/	53.125
	=	0.22

Shanghai CEO Environmental Protection Technology Co Inventory-to-Revenue Related Terms

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Shanghai CEO Environmental Protection Technology Co (SHSE:688335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai CEO Environmental Protection Technology Co Ltd (SHSE:688335) » Definitions » Inventory-to-Revenue

Traded in Other Exchanges

N/A

Address

Lane 1688, Guoquan North Road, 8th Floor, Building A7, Bay Valley Technology Park, Yangpu District, Shanghai, CHN, 200433

Website

http://www.ceo.sh.cn

Shanghai CEO Environmental Protection Technology Co Ltd is a national high-tech enterprise dedicated to ecological environmental protection and governance. The company has owned core technologies such as low-temperature vacuum dehydration and drying integration technology and exhaust gas purification series technology. It provides sludge dehydration and drying and exhaust gas purification technology equipment and services for urban and industrial (park) sewage treatment plants (stations). It integrates the research and development, design, manufacturing, integration, installation and installation of high-end energy-saving and environmental protection technologies and equipment.

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