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Huaneng Renewables (HKSE:00958) Inventory-to-Revenue : 0.01 (As of Jun. 2019)


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What is Huaneng Renewables 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. Huaneng Renewables's Average Total Inventories for the quarter that ended in Jun. 2019 was HK$52 Mil. Huaneng Renewables's Revenue for the six months ended in Jun. 2019 was HK$8,099 Mil. Huaneng Renewables's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.01.

Huaneng Renewables's Inventory-to-Revenue for the quarter that ended in Jun. 2019 declined from Dec. 2018 (0.01) to Dec. 2018 (0.01)

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. Huaneng Renewables's Days Inventory for the six months ended in Jun. 2019 was 86.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huaneng Renewables's Inventory Turnover for the quarter that ended in Jun. 2019 was 2.10.


Huaneng Renewables Inventory-to-Revenue Historical Data

The historical data trend for Huaneng Renewables'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.

Huaneng Renewables Inventory-to-Revenue Chart

Huaneng Renewables Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Inventory-to-Revenue
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Huaneng Renewables Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Huaneng Renewables's Inventory-to-Revenue

For the Utilities - Renewable subindustry, Huaneng Renewables'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.


Huaneng Renewables's Inventory-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Renewables's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Huaneng Renewables's Inventory-to-Revenue falls into.



Huaneng Renewables 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.

Huaneng Renewables's Inventory-to-Revenue for the fiscal year that ended in Dec. 2018 is calculated as

Inventory-to-Revenue (A: Dec. 2018 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Revenue (A: Dec. 2018 )
=( (65.558 + 50.06) / 2 ) / 13233.913
=57.809 / 13233.913
=0.00

Huaneng Renewables's Inventory-to-Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue (Q: Jun. 2019 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Jun. 2019 )) / count ) / Revenue (Q: Jun. 2019 )
=( (50.06 + 54.632) / 2 ) / 8099.447
=52.346 / 8099.447
=0.01

* 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.


Huaneng Renewables  (HKSE:00958) 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.

Huaneng Renewables's Days Inventory for the six months ended in Jun. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2019 )/Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=52.346/109.856*365 / 2
=86.96

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

Huaneng Renewables's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2019 ) / Average Total Inventories (Q: Jun. 2019 )
=109.856 / 52.346
=2.10

* 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.


Huaneng Renewables Inventory-to-Revenue Related Terms

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Huaneng Renewables (HKSE:00958) Business Description

Traded in Other Exchanges
N/A
Address
No. 23A Fuxing Road, 10-11 Floor, Haidian District, Beijing, CHN
Huaneng Renewables Corp Ltd is a Chinese electric utility of which the China Huaneng Group, one of the largest state-owned electric utility companies in China, owns a majority stake. Huaneng Renewables invests in, constructs, acquires, and operates renewable energy projects throughout China. Primarily, these projects take the form of onshore and offshore wind farms in northern China and solar power generating facilities in central China. The company generates the vast majority of its revenue by selling electricity produced at its alternative energy projects. Most of the energy generated by the firm comes from its wind power plants, while its solar power plants also produce a substantial amount.

Huaneng Renewables (HKSE:00958) Headlines

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