GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » GreenTree Hospitality Group Ltd (NYSE:GHG) » Definitions » Inventory-to-Revenue

GreenTree Hospitality Group (GreenTree Hospitality Group) Inventory-to-Revenue : 0.06 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is GreenTree Hospitality 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. GreenTree Hospitality Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $3.3 Mil. GreenTree Hospitality Group's Revenue for the three months ended in Dec. 2023 was $52.1 Mil. GreenTree Hospitality Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

GreenTree Hospitality Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.06) to Sep. 2023 (0.06)

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. GreenTree Hospitality Group's Days Inventory for the three months ended in Dec. 2023 was 10.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. GreenTree Hospitality Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.07.


GreenTree Hospitality Group Inventory-to-Revenue Historical Data

The historical data trend for GreenTree Hospitality 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.

* Premium members only.

GreenTree Hospitality Group Inventory-to-Revenue Chart

GreenTree Hospitality Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only - - - - 0.01

GreenTree Hospitality Group Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 Premium Member Only Premium Member Only 0.01 - 0.03 0.06 0.06

Competitive Comparison of GreenTree Hospitality Group's Inventory-to-Revenue

For the Lodging subindustry, GreenTree Hospitality 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.


GreenTree Hospitality Group's Inventory-to-Revenue Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, GreenTree Hospitality Group's Inventory-to-Revenue distribution charts can be found below:

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



GreenTree Hospitality 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.

GreenTree Hospitality Group'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 )
=( (0.321 + 2.866) / 2 ) / 227.901
=1.5935 / 227.901
=0.01

GreenTree Hospitality Group'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (3.671 + 2.866) / 2 ) / 52.122
=3.2685 / 52.122
=0.06

* 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.


GreenTree Hospitality Group  (NYSE:GHG) 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.

GreenTree Hospitality Group's Days Inventory for the three 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
=3.2685/29.634*365 / 4
=10.06

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

GreenTree Hospitality Group'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 )
=29.634 / 3.2685
=9.07

* 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.


GreenTree Hospitality Group Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of GreenTree Hospitality Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


GreenTree Hospitality Group (GreenTree Hospitality Group) Business Description

Traded in Other Exchanges
Address
1228 Zhongshan North Road, Putuo District, Shanghai, CHN, 200065
GreenTree Hospitality Group Ltd is a franchised hotel operator in China as franchised and managed hotels represent almost all the hotels in its hotel network. The hotel network of the company comprised approximately 4,059 hotels with nearly 302,497 rooms in China, covering all centrally administrated municipalities and cities throughout all provinces and autonomous regions in China. The company operates its hotels under GreenTree Inns, GreenTree Eastern, Gme, Gya and VX, GreenTree Alliance, Vatica, and others. The company operates solely in China and generates all its revenue from China itself.