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CECEP Wind Power (SHSE:601016) Inventory-to-Revenue : 0.10 (As of Mar. 2024)


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What is CECEP Wind Power 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. CECEP Wind Power's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥128 Mil. CECEP Wind Power's Revenue for the three months ended in Mar. 2024 was ¥1,325 Mil. CECEP Wind Power's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.

CECEP Wind Power's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.12) to Dec. 2023 (0.10)

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. CECEP Wind Power's Days Inventory for the three months ended in Mar. 2024 was 19.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. CECEP Wind Power's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.66.


CECEP Wind Power Inventory-to-Revenue Historical Data

The historical data trend for CECEP Wind Power'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.

CECEP Wind Power Inventory-to-Revenue Chart

CECEP Wind Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.04 0.03 0.03

CECEP Wind Power 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 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 0.13 0.13 0.16 0.12 0.10

Competitive Comparison of CECEP Wind Power's Inventory-to-Revenue

For the Utilities - Renewable subindustry, CECEP Wind Power'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.


CECEP Wind Power's Inventory-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where CECEP Wind Power's Inventory-to-Revenue falls into.



CECEP Wind Power 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.

CECEP Wind Power'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 )
=( (166.207 + 124.102) / 2 ) / 5115.906
=145.1545 / 5115.906
=0.03

CECEP Wind Power'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 )
=( (124.102 + 132.224) / 2 ) / 1325.092
=128.163 / 1325.092
=0.10

* 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.


CECEP Wind Power  (SHSE:601016) 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.

CECEP Wind Power'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
=128.163/597.457*365 / 4
=19.57

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

CECEP Wind Power'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 )
=597.457 / 128.163
=4.66

* 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.


CECEP Wind Power Inventory-to-Revenue Related Terms

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CECEP Wind Power (SHSE:601016) Business Description

Traded in Other Exchanges
N/A
Address
Jieneng Mansion No.42, Xizhimen North Street, 12F Building A, Haidian District, Beijing, CHN, 100082
CECEP Wind Power Corp is a China-based company engages in the development, investment management, construction, operation and maintenance of wind power projects. It also involves in integrated resource exploration as well as engages in the manufacture and construction of turbine design. It holds main wind power station projects, which situated at Zhangbei, Hebei province, Dabancheng, Xinjiang Province, and Jiuquan, Gansu province, China.
Executives
Liu Bin Directors, senior managers
Zheng Cai Xia senior management
Jia Rui senior management
Luo Jie senior management
Guo Yi senior management
Zhang Hua Yao senior management

CECEP Wind Power (SHSE:601016) Headlines

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