China Longyuan Power Group (SZSE:001289) Inventory-to-Revenue : 0.08 (As of Mar. 2024)

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What is China Longyuan Power Group 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. China Longyuan Power Group's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥784 Mil. China Longyuan Power Group's Revenue for the three months ended in Mar. 2024 was ¥9,877 Mil. China Longyuan Power Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.

China Longyuan Power Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.08) to Dec. 2023 (0.08)

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. China Longyuan Power Group's Days Inventory for the three months ended in Mar. 2024 was 12.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Longyuan Power Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.57.

China Longyuan Power Group Inventory-to-Revenue Historical Data

The historical data trend for China Longyuan Power Group'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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China Longyuan Power Group Inventory-to-Revenue Chart

China Longyuan Power Group Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.03

0.02

China Longyuan Power Group 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															0.08	0.08	0.10	0.08	0.08

Competitive Comparison of China Longyuan Power Group's Inventory-to-Revenue

For the Utilities - Renewable subindustry, China Longyuan Power Group'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.

China Longyuan Power Group's Inventory-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Longyuan Power Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Longyuan Power Group's Inventory-to-Revenue falls into.

China Longyuan Power Group Inventory-to-Revenue Calculation

China Longyuan Power Group'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 )
=	( (749.955	+	727.196)	/	2 )	/	37641.914
=	738.5755					/	37641.914
=	0.02

China Longyuan Power Group'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 )
=	( (727.196	+	840.765)	/	2 )	/	9876.891
=	783.9805					/	9876.891
=	0.08

China Longyuan Power Group (SZSE:001289) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

China Longyuan Power Group'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
	=	783.9805	/	5937.212	*	365 / 4
	=	12.05

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

China Longyuan Power Group'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 )
	=	5937.212	/	783.9805
	=	7.57

China Longyuan Power Group Inventory-to-Revenue Related Terms

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China Longyuan Power Group (SZSE:001289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (SZSE:001289) » Definitions » Inventory-to-Revenue

Traded in Other Exchanges

CLPXY:USA CLPXF:USA 00916:Hong Kong 6WX:Germany

Address

6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN

Website

http://www.clypg.com.cn

Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 26.2 gigawatts as of end-2022, representing about 7% of nationwide wind capacity. It has more than 400 wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 84% wind, 6% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.

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