What is Jiangsu Innovative Ecological New Materials 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. Jiangsu Innovative Ecological New Materials's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$39.6 Mil. Jiangsu Innovative Ecological New Materials's Revenue for the
six
months ended in Jun. 2024 was HK$74.4 Mil.
Jiangsu Innovative Ecological New Materials's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.53.
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.
Jiangsu Innovative Ecological New Materials's Days Inventory for the
six
months ended in Jun. 2024 was 134.07.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Jiangsu Innovative Ecological New Materials's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.36.
Jiangsu Innovative Ecological New Materials 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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Jiangsu Innovative Ecological New Materials Inventory-to-Revenue Chart
Jiangsu Innovative Ecological New Materials Annual Data
Competitive Comparison of Jiangsu Innovative Ecological New Materials's Inventory-to-Revenue
For the Specialty Chemicals subindustry, Jiangsu Innovative Ecological New Materials'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.
Jiangsu Innovative Ecological New Materials's Inventory-to-Revenue Distribution in the Chemicals Industry
* The bar in red indicates where Jiangsu Innovative Ecological New Materials's Inventory-to-Revenue falls into.
Jiangsu Innovative Ecological New Materials 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.
Jiangsu Innovative Ecological New Materials (HKSE:02116) 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.
Jiangsu Innovative Ecological New Materials's Days Inventory for the
six
months ended in Jun. 2024 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.
Jiangsu Innovative Ecological New Materials Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Jiangsu Innovative Ecological New Materials's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Jiangsu Innovative Ecological New Materials Business Description
Jiangsu Innovative Ecological New Materials Ltd manufactures additives. The firm produces refining additives, oil additives, and other products. It offers and generates revenue from oil refining agents and fuel additives with desulfurizing agents, lubricity improvers, and metal passivation. The majority of the firm's revenue is generated from the sales of oil refining agents from Mainland China.
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