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China Everbright Greentech (FRA:CK7) Inventory-to-Revenue : 0.11 (As of Dec. 2023)


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What is China Everbright Greentech 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. China Everbright Greentech's Average Total Inventories for the quarter that ended in Dec. 2023 was €45.3 Mil. China Everbright Greentech's Revenue for the six months ended in Dec. 2023 was €422.4 Mil. China Everbright Greentech's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

China Everbright Greentech's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.10) to Jun. 2023 (0.11)

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. China Everbright Greentech's Days Inventory for the six months ended in Dec. 2023 was 23.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Everbright Greentech's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.67.


China Everbright Greentech Inventory-to-Revenue Historical Data

The historical data trend for China Everbright Greentech'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.

China Everbright Greentech Inventory-to-Revenue Chart

China Everbright Greentech 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 0.02 0.02 0.03 0.04 0.05

China Everbright Greentech Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.07 0.08 0.09 0.10 0.11

Competitive Comparison of China Everbright Greentech's Inventory-to-Revenue

For the Utilities - Renewable subindustry, China Everbright Greentech'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.


China Everbright Greentech's Inventory-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where China Everbright Greentech's Inventory-to-Revenue falls into.



China Everbright Greentech 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.

China Everbright Greentech'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 )
=( (45.833 + 42.817) / 2 ) / 870.876
=44.325 / 870.876
=0.05

China Everbright Greentech's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (47.771 + 42.817) / 2 ) / 422.351
=45.294 / 422.351
=0.11

* 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.


China Everbright Greentech  (FRA:CK7) 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.

China Everbright Greentech's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=45.294/347.433*365 / 2
=23.79

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

China Everbright Greentech's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=347.433 / 45.294
=7.67

* 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.


China Everbright Greentech Inventory-to-Revenue Related Terms

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China Everbright Greentech (FRA:CK7) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, Room 3602, 36th Floor, Far East Finance Centre, Hong Kong, HKG
China Everbright Greentech Ltd is an investment holding company. It operates in the following segments: Integrated biomass utilization project construction and operation; Hazardous and solid waste treatment project construction and operation; Environmental remediation project operation; Solar energy, and wind power project operation. The company derives the majority of its revenue from the integrated biomass utilization segment, which engages in the construction and operation of biomass direct combustion power generation projects, biomass heat supply projects, biomass electricity and heat cogeneration projects, waste-to-energy projects, and integrated biomass and waste-to-energy project. Its geographical segments are China, Hong Kong, and Germany.

China Everbright Greentech (FRA:CK7) Headlines

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