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. Canggang Railway's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$61.8 Mil. Canggang Railway's Revenue for the
six
months ended in Dec. 2023 was HK$186.8 Mil.
Canggang Railway's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.
Canggang Railway's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Jun. 2023 (0.30) to Jun. 2023 (0.33)
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.
Canggang Railway's Days Inventory for the
six
months ended in Dec. 2023 was 95.79.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Canggang Railway's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.91.
Canggang Railway Inventory-to-Revenue Historical Data
The historical data trend for Canggang Railway'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 Canggang Railway's Inventory-to-Revenue
For the Railroads subindustry, Canggang Railway'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.
Canggang Railway's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Canggang Railway's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Canggang Railway's Inventory-to-Revenue falls into.
Canggang Railway 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.
Canggang Railway'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.
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.
Canggang Railway'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.
Canggang Railway Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Canggang Railway's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Canggang Railway (HKSE:02169) Business Description
Canggang Railway Ltd is a local railway operator based in Hebei Province. The company operates in two segments, rail freight transportation services, and other ancillary services, including loading and unloading, road freight transportation, construction, repair and maintenance of Special Service Lines, railway roadbed and other railway facility construction, and certain other businesses. It operates one railway, the Canggang Railway Line, which connects the Shuo-Huang Railway Line and the Han-Huang Railway Line with the Bohai New Area in Cangzhou. Its railway line also connects the Beijing-Shanghai Railway Line. The company earns its revenue from rail freight transportation services.
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