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Jiangsu Polygee Environmental Technology Co (BJSE:832802) Inventory-to-Revenue : 0.97 (As of Sep. 2024)


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What is Jiangsu Polygee Environmental Technology 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. Jiangsu Polygee Environmental Technology Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥40.5 Mil. Jiangsu Polygee Environmental Technology Co's Revenue for the three months ended in Sep. 2024 was ¥41.8 Mil. Jiangsu Polygee Environmental Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.97.

Jiangsu Polygee Environmental Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (0.75) to Jun. 2024 (0.97)

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. Jiangsu Polygee Environmental Technology Co's Days Inventory for the three months ended in Sep. 2024 was 133.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Polygee Environmental Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.68.


Jiangsu Polygee Environmental Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Jiangsu Polygee Environmental Technology 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.

Jiangsu Polygee Environmental Technology Co Inventory-to-Revenue Chart

Jiangsu Polygee Environmental Technology 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 0.18 0.20 0.18 0.19 0.19

Jiangsu Polygee Environmental Technology Co Quarterly Data
Jun19 Sep19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.05 0.71 0.80 0.75 0.97

Competitive Comparison of Jiangsu Polygee Environmental Technology Co's Inventory-to-Revenue

For the Pollution & Treatment Controls subindustry, Jiangsu Polygee Environmental Technology 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.


Jiangsu Polygee Environmental Technology Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Polygee Environmental Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Jiangsu Polygee Environmental Technology Co's Inventory-to-Revenue falls into.



Jiangsu Polygee Environmental Technology 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.

Jiangsu Polygee Environmental Technology 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 )
=( (29.286 + 35.44) / 2 ) / 170.584
=32.363 / 170.584
=0.19

Jiangsu Polygee Environmental Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (36.623 + 44.461) / 2 ) / 41.82
=40.542 / 41.82
=0.97

* 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.


Jiangsu Polygee Environmental Technology Co  (BJSE:832802) 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.

Jiangsu Polygee Environmental Technology Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=40.542/27.764*365 / 4
=133.25

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

Jiangsu Polygee Environmental Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=27.764 / 40.542
=0.68

* 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.


Jiangsu Polygee Environmental Technology Co Inventory-to-Revenue Related Terms

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Jiangsu Polygee Environmental Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Jiangsu Yangtze River International Metallurgical Industrial Park, Jinfeng Town, Jiangsu Province, Zhangjiagang City, Suzhou City, CHN, 215600
Jiangsu Polygee Environmental Technology Co Ltd engages in research and development, production, and sales of electrostatic commercial oil fume purification equipment and electrostatic industrial oil fume purification equipment. It offers environmental protection equipment, organic waste gas purification equipment, waste gas purification equipment, textile machinery equipment, and mechanical parts.

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