What is Shandong Hualu-hengsheng Chemical 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. Shandong Hualu-hengsheng Chemical Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,526 Mil. Shandong Hualu-hengsheng Chemical Co's Revenue for the
three
months ended in Mar. 2024 was ¥7,978 Mil.
Shandong Hualu-hengsheng Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.
Shandong Hualu-hengsheng Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.17) to Dec. 2023 (0.19)
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.
Shandong Hualu-hengsheng Chemical Co's Days Inventory for the
three
months ended in Mar. 2024 was 22.34.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shandong Hualu-hengsheng Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.08.
Shandong Hualu-hengsheng Chemical Co Inventory-to-Revenue Historical Data
* 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.
Shandong Hualu-hengsheng Chemical Co Inventory-to-Revenue Chart
Competitive Comparison of Shandong Hualu-hengsheng Chemical Co's Inventory-to-Revenue
For the Chemicals subindustry, Shandong Hualu-hengsheng Chemical 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.
Shandong Hualu-hengsheng Chemical Co's Inventory-to-Revenue Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shandong Hualu-hengsheng Chemical Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shandong Hualu-hengsheng Chemical Co's Inventory-to-Revenue falls into.
Shandong Hualu-hengsheng Chemical 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.
* 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.
Shandong Hualu-hengsheng Chemical Co (SHSE:600426) 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.
Shandong Hualu-hengsheng Chemical Co's Days Inventory for the
three
months ended in Mar. 2024 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.
Shandong Hualu-hengsheng Chemical Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shandong Hualu-hengsheng Chemical Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Business Description
Shandong Hualu-hengsheng Chemical Co Ltd manufactures and sells chemical materials and chemical fertilizers worldwide. The company offers chemical fertilizers, such as compound fertilizers, urea, ammonium bicarbonate, ammonium sulfate, and liquid fertilizers; DMF and organic amine products, including DMF, monomethylamine, dimethylamine, and trimethylamine; and acetic acid and acetic anhydride. It also provides new chemical materials comprising ethylene glycol, adipic acid, cyclohexanone, butyl alcohol, butanal, octyl alcohol, and melamine; basic chemicals that include nitric acid, methanol, liquid ammonia, and sulfur; and industrial gases, such as liquid oxygen, nitrogen, and argon.
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