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Shaanxi Energy Investment Co (SZSE:001286) Inventory-to-Revenue : 0.09 (As of Mar. 2024)


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What is Shaanxi Energy Investment 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. Shaanxi Energy Investment Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥492 Mil. Shaanxi Energy Investment Co's Revenue for the three months ended in Mar. 2024 was ¥5,640 Mil. Shaanxi Energy Investment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

Shaanxi Energy Investment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.09) to Dec. 2023 (0.09)

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. Shaanxi Energy Investment Co's Days Inventory for the three months ended in Mar. 2024 was 13.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shaanxi Energy Investment Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.78.


Shaanxi Energy Investment Co Inventory-to-Revenue Historical Data

The historical data trend for Shaanxi Energy Investment 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.

Shaanxi Energy Investment Co Inventory-to-Revenue Chart

Shaanxi Energy Investment Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.03 0.03 0.02 0.02 0.02

Shaanxi Energy Investment Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 0.09 0.12 0.10 0.09 0.09

Competitive Comparison of Shaanxi Energy Investment Co's Inventory-to-Revenue

For the Thermal Coal subindustry, Shaanxi Energy Investment 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.


Shaanxi Energy Investment Co's Inventory-to-Revenue Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shaanxi Energy Investment Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shaanxi Energy Investment Co's Inventory-to-Revenue falls into.



Shaanxi Energy Investment 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.

Shaanxi Energy Investment 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 )
=( (403.617 + 454.105) / 2 ) / 19452.827
=428.861 / 19452.827
=0.02

Shaanxi Energy Investment 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 )
=( (454.105 + 529.909) / 2 ) / 5640.33
=492.007 / 5640.33
=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.


Shaanxi Energy Investment Co  (SZSE:001286) 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.

Shaanxi Energy Investment 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
=492.007/3335.521*365 / 4
=13.46

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

Shaanxi Energy Investment 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 )
=3335.521 / 492.007
=6.78

* 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.


Shaanxi Energy Investment Co Inventory-to-Revenue Related Terms

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Shaanxi Energy Investment Co (SZSE:001286) Business Description

Traded in Other Exchanges
N/A
Address
No. 152, Shahe Road, Shenggao Times Office Building, High-tech Industrial Park, Shaanxi Province, Yulin, CHN, 719054
Shaanxi Energy Investment Co Ltd is engaged in the rhermal power generation, coal production and sales.

Shaanxi Energy Investment Co (SZSE:001286) Headlines

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