What is Sino Oil and Gas Holdings 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. Sino Oil and Gas Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$16.2 Mil. Sino Oil and Gas Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$212.1 Mil.
Sino Oil and Gas Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.
Sino Oil and Gas Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.10) to Jun. 2023 (0.08)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sino Oil and Gas Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 28.51.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sino Oil and Gas Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.40.
Sino Oil and Gas Holdings Inventory-to-Revenue Historical Data
* 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.
Sino Oil and Gas Holdings Inventory-to-Revenue Chart
Competitive Comparison of Sino Oil and Gas Holdings's Inventory-to-Revenue
For the Thermal Coal subindustry, Sino Oil and Gas Holdings'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.
Sino Oil and Gas Holdings's Inventory-to-Revenue Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Sino Oil and Gas Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Sino Oil and Gas Holdings's Inventory-to-Revenue falls into.
Sino Oil and Gas Holdings 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.
Sino Oil and Gas Holdings'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.
Sino Oil and Gas Holdings (HKSE:00702) 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.
Sino Oil and Gas Holdings's Days Inventory for the
six
months 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.
Sino Oil and Gas Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Sino Oil and Gas Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Sino Oil and Gas Holdings (HKSE:00702) Business Description
Sino Oil and Gas Holdings Ltd is an investment holding company. It operates in four segments, namely Coalbed methane, which includes exploration, development, and production of coalbed methane; Raw & cleaned coal, which consists of raw coal washing and sale of raw and cleaned coal; Oil and gas exploitation segment is into exploitation and sale of crude oil and natural gas; and Financial Services. The group generates majority of its revenues from Raw and cleaned coal segment. It geographically earns revenues from the People's Republic of China.
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