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 Qinfa Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$243 Mil. China Qinfa Group's Revenue for the
six
months ended in Dec. 2023 was HK$1,688 Mil.
China Qinfa Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.
China Qinfa Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.18) to Jun. 2023 (0.14)
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.
China Qinfa Group's Days Inventory for the
six
months ended in Dec. 2023 was 38.40.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Qinfa Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.75.
China Qinfa Group Inventory-to-Revenue Historical Data
The historical data trend for China Qinfa 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.
Competitive Comparison of China Qinfa Group's Inventory-to-Revenue
For the Thermal Coal subindustry, China Qinfa 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.
China Qinfa Group's Inventory-to-Revenue Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, China Qinfa Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China Qinfa Group's Inventory-to-Revenue falls into.
China Qinfa 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.
China Qinfa Group'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 Qinfa Group (HKSE:00866) 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 Qinfa Group'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.
China Qinfa Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of China Qinfa Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
China Qinfa Group (HKSE:00866) Business Description
China Qinfa Group Ltd is a Hong-Kong based firm engaged in coal operation business involving coal mining, purchases and sales, filtering, storage, the blending of coal in the PRC, and shipping transportation. The company operates its business through two segments namely Coal and Shipping transportation segments. Coal business segment covers coal mining, purchases and sales, filtering, storage and blending of coal in the PRC, and Shipping transportation segment provides services of time charter and voyage charter of vessels. It has a business presence in the PRC and other countries, of which the majority of the revenue is generated within the PRC.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00866 has been successfully added to your 