What is China Oilfield Services 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 Oilfield Services's Average Total Inventories for the quarter that ended in Sep. 2024 was €334 Mil. China Oilfield Services's Revenue for the
three
months ended in Sep. 2024 was €1,418 Mil.
China Oilfield Services's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.24.
China Oilfield Services's Inventory-to-Revenue for the quarter that ended in Sep. 2024
increased
from Jun. 2024 (0.20) to Jun. 2024 (0.24)
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 Oilfield Services's Days Inventory for the
three
months ended in Sep. 2024 was 26.22.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Oilfield Services's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.48.
China Oilfield Services Inventory-to-Revenue Historical Data
The historical data trend for China Oilfield Services'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 Oilfield Services Inventory-to-Revenue Chart
Competitive Comparison of China Oilfield Services's Inventory-to-Revenue
For the Oil & Gas Equipment & Services subindustry, China Oilfield Services'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 Oilfield Services's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Oilfield Services's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China Oilfield Services's Inventory-to-Revenue falls into.
China Oilfield Services 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 Oilfield Services's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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 Oilfield Services (FRA:CO9) 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 Oilfield Services's Days Inventory for the
three
months ended in Sep. 2024 is calculated as:
* 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 Oilfield Services Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of China Oilfield Services's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
China Oilfield Services Ltd is engaged in the provision of oilfield services including drilling services, well services, marine support services, and geophysical acquisition and surveying services. It operates in four segments namely the drilling services segment offers oilfield drilling services, the well services segment offers logging and downhole services, the marine support services segment is engaged in the transportation of materials, supplies, and personnel to offshore facilities, moving and positioning drilling structures, and the geophysical acquisition and surveying services segment is engaged in the provision of offshore seismic data acquisition and marine surveying.
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