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Sichuan Expressway Co (SHSE:601107) Inventory-to-Revenue : 0.09 (As of Mar. 2024)


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What is Sichuan Expressway 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. Sichuan Expressway Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥181 Mil. Sichuan Expressway Co's Revenue for the three months ended in Mar. 2024 was ¥2,012 Mil. Sichuan Expressway Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

Sichuan Expressway Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.04) to Dec. 2023 (0.09)

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. Sichuan Expressway Co's Days Inventory for the three months ended in Mar. 2024 was 13.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Expressway Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.53.


Sichuan Expressway Co Inventory-to-Revenue Historical Data

The historical data trend for Sichuan Expressway Co'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.

Sichuan Expressway Co Inventory-to-Revenue Chart

Sichuan Expressway Co 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 0.32 0.44 0.15 - 0.01

Sichuan Expressway Co 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 0.02 0.02 0.04 0.04 0.09

Competitive Comparison of Sichuan Expressway Co's Inventory-to-Revenue

For the Infrastructure Operations subindustry, Sichuan Expressway 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.


Sichuan Expressway Co's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sichuan Expressway Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sichuan Expressway Co's Inventory-to-Revenue falls into.



Sichuan Expressway 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.

Sichuan Expressway Co'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 )
=( (30.076 + 119.821) / 2 ) / 11651.864
=74.9485 / 11651.864
=0.01

Sichuan Expressway Co'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 )
=( (119.821 + 241.637) / 2 ) / 2012.496
=180.729 / 2012.496
=0.09

* 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.


Sichuan Expressway Co  (SHSE:601107) 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.

Sichuan Expressway Co'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
=180.729/1180.41*365 / 4
=13.97

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

Sichuan Expressway Co'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 )
=1180.41 / 180.729
=6.53

* 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.


Sichuan Expressway Co Inventory-to-Revenue Related Terms

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Sichuan Expressway Co (SHSE:601107) Business Description

Traded in Other Exchanges
Address
252 Wuhouci Da Jie, Sichuan Province, Chengdu, CHN, 610041
Sichuan Expressway Co Ltd is primarily engaged in the investment, construction, operation, and management of road infrastructure projects. The company operates in five segments: Expressways segment, New energy technologies segment, Transportation services segment, Transportation logistics segment, Construction services segment and Others segment. Majority of the revenue is generated from Construction services segment. Construction services segment comprises the provision of construction and upgrade services under the service concession arrangements and construction contracts.

Sichuan Expressway Co (SHSE:601107) Headlines

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