What is Shengli Oil & Gas Pipe 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. Shengli Oil & Gas Pipe Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$163.4 Mil. Shengli Oil & Gas Pipe Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$294.9 Mil.
Shengli Oil & Gas Pipe Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.55.
Shengli Oil & Gas Pipe Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Jun. 2023 (0.45) to Jun. 2023 (0.55)
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.
Shengli Oil & Gas Pipe Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 109.13.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shengli Oil & Gas Pipe Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.67.
Shengli Oil & Gas Pipe 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.
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Shengli Oil & Gas Pipe Holdings Inventory-to-Revenue Chart
Competitive Comparison of Shengli Oil & Gas Pipe Holdings's Inventory-to-Revenue
For the Oil & Gas Equipment & Services subindustry, Shengli Oil & Gas Pipe 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.
Shengli Oil & Gas Pipe Holdings's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Shengli Oil & Gas Pipe Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shengli Oil & Gas Pipe Holdings's Inventory-to-Revenue falls into.
Shengli Oil & Gas Pipe 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.
* 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.
Shengli Oil & Gas Pipe Holdings (HKSE:01080) 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.
Shengli Oil & Gas Pipe 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.
Shengli Oil & Gas Pipe Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shengli Oil & Gas Pipe Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shengli Oil & Gas Pipe Holdings (HKSE:01080) Business Description
Shengli Oil & Gas Pipe Holdings Ltd is an oil and gas pipe manufacturer in China. It focuses on the design, manufacturing, value-added processing, and servicing of submerged-arc helical welded pipes (SAWH pipes) and submerged-arc longitudinal welded pipes (SAWL pipes), that are used to transport crude oil, refined petroleum products, natural gas, and other related products. It operates two reportable segments which comprise the pipes business and trading business. The majority of the revenue is derived from the pipes business segment that involves the production of submerged-arc helical welded pipes and submerged-arc longitudinal welded pipe which are mainly used for the oil and infrastructure industry. Geographically it derives revenue from Mainland China.
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