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Titan Petrochemicals Group (FRA:TIP1) Inventory-to-Revenue : 0.38 (As of Jun. 2020)


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What is Titan Petrochemicals Group 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. Titan Petrochemicals Group's Average Total Inventories for the quarter that ended in Jun. 2020 was €3.08 Mil. Titan Petrochemicals Group's Revenue for the six months ended in Jun. 2020 was €8.20 Mil. Titan Petrochemicals Group's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.38.

Titan Petrochemicals Group's Inventory-to-Revenue for the quarter that ended in Jun. 2020 increased from Dec. 2019 (0.15) to Dec. 2019 (0.38)

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. Titan Petrochemicals Group's Days Inventory for the six months ended in Jun. 2020 was 92.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Titan Petrochemicals Group's Inventory Turnover for the quarter that ended in Jun. 2020 was 1.97.


Titan Petrochemicals Group Inventory-to-Revenue Historical Data

The historical data trend for Titan Petrochemicals Group'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.

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Titan Petrochemicals Group Inventory-to-Revenue Chart

Titan Petrochemicals Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.05 0.03 0.37 0.07

Titan Petrochemicals Group Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 1.16 0.76 0.27 0.15 0.38

Competitive Comparison of Titan Petrochemicals Group's Inventory-to-Revenue

For the Aerospace & Defense subindustry, Titan Petrochemicals Group'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.


Titan Petrochemicals Group's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Titan Petrochemicals Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Titan Petrochemicals Group's Inventory-to-Revenue falls into.



Titan Petrochemicals Group 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.

Titan Petrochemicals Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2019 is calculated as

Inventory-to-Revenue (A: Dec. 2019 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Revenue (A: Dec. 2019 )
=( (2.807 + 1.551) / 2 ) / 29.374
=2.179 / 29.374
=0.07

Titan Petrochemicals Group's Inventory-to-Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue (Q: Jun. 2020 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2019 ) + Total Inventories (Q: Jun. 2020 )) / count ) / Revenue (Q: Jun. 2020 )
=( (1.551 + 4.608) / 2 ) / 8.198
=3.0795 / 8.198
=0.38

* 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.


Titan Petrochemicals Group  (FRA:TIP1) 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.

Titan Petrochemicals Group's Days Inventory for the six months ended in Jun. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2020 )/Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=3.0795/6.058*365 / 2
=92.77

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

Titan Petrochemicals Group's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2020 ) / Average Total Inventories (Q: Jun. 2020 )
=6.058 / 3.0795
=1.97

* 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.


Titan Petrochemicals Group Inventory-to-Revenue Related Terms

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Titan Petrochemicals Group (FRA:TIP1) Business Description

Traded in Other Exchanges
N/A
Address
303 Hennessy Road, Room 802, 8th Floor, OfficePlus@Wan Chai, Wanchai, Hong Kong, HKG
Titan Petrochemicals Group Ltd is principally engaged in the business of construction and repair of the ship, and upstream and downstream oil and gas business. It is also engaged in providing logistics, transportation, distribution, and marine services for petrochemical products in the Asia Pacific region. It operates through two business units: Trading of commodities; and Shipbuilding, ship repairing and manufacturing of steel structure. It earns all its revenues from China.

Titan Petrochemicals Group (FRA:TIP1) Headlines

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