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China Green Agriculture (China Green Agriculture) Inventory-to-Revenue : 2.31 (As of Dec. 2023)


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What is China Green Agriculture 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 Green Agriculture's Average Total Inventories for the quarter that ended in Dec. 2023 was $41.1 Mil. China Green Agriculture's Revenue for the three months ended in Dec. 2023 was $17.8 Mil. China Green Agriculture's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.31.

China Green Agriculture's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (1.99) to Sep. 2023 (2.31)

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. China Green Agriculture's Days Inventory for the three months ended in Dec. 2023 was 258.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Green Agriculture's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.35.


China Green Agriculture Inventory-to-Revenue Historical Data

The historical data trend for China Green Agriculture'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.

China Green Agriculture Inventory-to-Revenue Chart

China Green Agriculture Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.57 0.43 0.30 0.36

China Green Agriculture Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.86 0.99 1.69 1.99 2.31

Competitive Comparison of China Green Agriculture's Inventory-to-Revenue

For the Agricultural Inputs subindustry, China Green Agriculture'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 Green Agriculture's Inventory-to-Revenue Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, China Green Agriculture's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Green Agriculture's Inventory-to-Revenue falls into.



China Green Agriculture 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.

China Green Agriculture's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (42.198 + 46.455) / 2 ) / 124.14
=44.3265 / 124.14
=0.36

China Green Agriculture'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (42.596 + 39.554) / 2 ) / 17.8
=41.075 / 17.8
=2.31

* 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.


China Green Agriculture  (NYSE:CGA) 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.

China Green Agriculture's Days Inventory for the three 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
=41.075/14.472*365 / 4
=258.99

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

China Green Agriculture'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 )
=14.472 / 41.075
=0.35

* 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.


China Green Agriculture Inventory-to-Revenue Related Terms

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China Green Agriculture (China Green Agriculture) Business Description

Traded in Other Exchanges
Address
South Taibai Road, 3rd Floor, Borough A, Block A. No. 181, Shaanxi Province, Xi’an, CHN, 710065
China Green Agriculture Inc is engaged in the business of fertilizer and agricultural products. It involves the research, development, production, distribution, and sale of humic acid-based compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, concentrated water-soluble fertilizers, and mixed organic-inorganic compound fertilizer and the development, production, and distribution of agricultural products, such as top-grade fruits, vegetables, flowers and colored seedlings in China. The company operates in three segments: Fertilizer products (Jinong), Fertilizer products (Gufeng), and agricultural products (Yuxing). All of its operations are conducted in China.
Executives
Zhibiao Pan officer: Co-Chief Executive Officer NO.39, GROUP NO.1 GANGANG VILLAGE, WULIE COUNTY, DONGTAI F4 224200
Caihua Ran 10 percent owner, other: Director's Mother GROUP NO.4, XIAOHE VILLAGE, TOWNSHIP OF XIAOHE, YOUYANG COUNTY, CHONGQING F4 409800
Xiuzhen Xu 10 percent owner, other: Co-CEO's Mother NO.39, GROUP NO.1 GANGANG VILLAGEN, LIANYI COUNTY, DONGTAI F4 224200
Jian Huang director 676-GROUP 4, XIAOHE VILLAGE, TOWNSHIP OF XIAOHE, YOUYANG COUNTY, CHONGQING F4 409800
Xiaolai Li director NO. 20 BALUN VILLAGE, QIONGSHAN DISTRICT, HAIKOU F4 571100
Zhang Shiyu director 1919 MARKET ST., UNIT 812, PHILADELPHIA PA 19103
Shaanxi Baoyu Science & Technology Investment Co 10 percent owner 86 86 GAOXIN ROAD B-1-6F, XI'AN, SHAANXI PROVINCE F4 710075
Daqing Zhu director 3RD FLOOR, BOROUGH A, BLOCK A. NO. 181,, SOUTH TAIBAI ROAD, XI'AN, SHAANXI F4 710065
Zhuoyu Li officer: President 3RD FLOOR, BOROUGH A, BLOCK A, NO. 181, SOUTH TAIBAI ROAD, XI'AN, SHAANXI PROVINCE F4 710065
Yiru Shi director 1217 S CATALINA AVENUE, REDONDO BEACH CA 90277
Ale Fan director 3RD FLOOR, BOROUGH A, BLOCK A. NO. 181, SOUTH TAIBAI ROAD, XI?AN, SHAANXI PROVINCE F4 PRC 710065
Jianlei Shen director 3RD FLOOR, BOROUGH A, BLOCK A. NO. 181, SOUTH TAIBAI ROAD, XI?AN, SHAANXI PROVINCE F4 PRC 710065
Ken Ren officer: Chief Financial Officer 3RD FL, BOROUGH A, BLOCK A, NO. 181 SOUTH TAIBAI ROAD, XI'AN, SHAANXI PROVINCE F4 710065
Yizhao Zhang director 45 OLD MILLSTONE DRIVE, NIT 6, EAST WINDSOR NJ 08520
Robert B Fields director 215 EAST 68TH STREET, NEW YORK NY 10021