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Pujiang International Group (HKSE:02060) Inventory-to-Revenue : 0.63 (As of Jun. 2023)


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What is Pujiang International 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. Pujiang International Group's Average Total Inventories for the quarter that ended in Jun. 2023 was HK$618 Mil. Pujiang International Group's Revenue for the six months ended in Jun. 2023 was HK$984 Mil. Pujiang International Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.63.

Pujiang International Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 increased from Dec. 2022 (0.56) to Dec. 2022 (0.63)

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. Pujiang International Group's Days Inventory for the six months ended in Jun. 2023 was 152.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pujiang International Group's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.19.


Pujiang International Group Inventory-to-Revenue Historical Data

The historical data trend for Pujiang International 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.

Pujiang International Group Inventory-to-Revenue Chart

Pujiang International Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial 0.12 0.13 0.19 0.24 0.28

Pujiang International Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.57 0.63 0.56 0.63

Competitive Comparison of Pujiang International Group's Inventory-to-Revenue

For the Metal Fabrication subindustry, Pujiang International 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.


Pujiang International Group's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pujiang International Group's Inventory-to-Revenue distribution charts can be found below:

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



Pujiang International 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.

Pujiang International Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (738.108 + 627.572) / 2 ) / 2402.91
=682.84 / 2402.91
=0.28

Pujiang International Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (627.572 + 609.138) / 2 ) / 984.431
=618.355 / 984.431
=0.63

* 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.


Pujiang International Group  (HKSE:02060) 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.

Pujiang International Group's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=618.355/737.956*365 / 2
=152.92

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

Pujiang International Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=737.956 / 618.355
=1.19

* 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.


Pujiang International Group Inventory-to-Revenue Related Terms

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Pujiang International Group (HKSE:02060) Business Description

Traded in Other Exchanges
N/A
Address
518 Shangcheng Road, 16th Floor, Shanghai, CHN, 200120
Pujiang International Group Ltd is a provider of bridge cables for the construction of super-long-span bridges in China and prestressed materials manufacturers in China. It is principally engaged in the manufacture of cables for the construction of bridges and prestressed materials for various infrastructure construction. The company has two main reporting business segments, namely, the business which manufactures cables for long-span bridges (the Cable Business) and the business which manufactures prestressed materials for various infrastructure construction (the Prestressed Materials Business). The Group's revenue customers are derived mainly from its operations in China.
Executives
Elegant Kindness Limited 2101 Beneficial owner
Tang Liang 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
China Silver Asset Management Llc 2102 Investment manager
Cs Asia Opportunities Master Fund 2101 Beneficial owner
China Silver Asset Management Limited 2102 Investment manager
China Merchants Bank Co., Ltd. 2201 Interest of corporation controlled by you
Cmb International Finance Limited 2106 Person having a security interest in shares

Pujiang International Group (HKSE:02060) Headlines

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