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Goldwind Science & Technology Co (HKSE:02208) Inventory-to-Revenue : 1.29 (As of Sep. 2024)


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What is Goldwind Science & Technology Co 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. Goldwind Science & Technology Co's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$22,192 Mil. Goldwind Science & Technology Co's Revenue for the three months ended in Sep. 2024 was HK$17,217 Mil. Goldwind Science & Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.29.

Goldwind Science & Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (1.39) to Jun. 2024 (1.29)

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. Goldwind Science & Technology Co's Days Inventory for the three months ended in Sep. 2024 was 136.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goldwind Science & Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.67.


Goldwind Science & Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Goldwind Science & Technology Co'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.

Goldwind Science & Technology Co Inventory-to-Revenue Chart

Goldwind Science & Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.12 0.10 0.16 0.25

Goldwind Science & Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only 1.58 0.77 2.35 1.39 1.29

Competitive Comparison of Goldwind Science & Technology Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Goldwind Science & Technology Co'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.


Goldwind Science & Technology Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goldwind Science & Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Goldwind Science & Technology Co's Inventory-to-Revenue falls into.



Goldwind Science & Technology Co 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.

Goldwind Science & Technology Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (10997.025 + 16688.049) / 2 ) / 55189.008
=13842.537 / 55189.008
=0.25

Goldwind Science & Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (20656.842 + 23727.897) / 2 ) / 17217.09
=22192.3695 / 17217.09
=1.29

* 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.


Goldwind Science & Technology Co  (HKSE:02208) 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.

Goldwind Science & Technology Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=22192.3695/14791.86*365 / 4
=136.90

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

Goldwind Science & Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=14791.86 / 22192.3695
=0.67

* 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.


Goldwind Science & Technology Co Inventory-to-Revenue Related Terms

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Goldwind Science & Technology Co Business Description

Traded in Other Exchanges
Address
No. 8 Boxing 1st Road, Economic and Technological Development District, Beijing, CHN, 100176
Goldwind Science & Technology Co Ltd manufactures, and markets wind turbines & other solutions. It has four segments. The wind turbine generator manufacturing & sale segment engages in research & development, manufacture & sale of wind turbine generators & spare parts; the wind power services segment provides wind power construction, post-warranty service & asset management services; the wind farm development segment engages in the development of wind farms, which includes wind power generation service provided by the Group's wind farms & its sales; & the others segment mainly engages in the operation of water treatment plants under the service concession arrangements. Its key revenue is from Wind turbine generator manufacturing & sales. Geographically, the key revenue is from China.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Citigroup Inc. 2502 Approved lending agent
Morgan Stanley 2201 Interest of corporation controlled by you
Gic Private Limited 2102 Investment manager
Blackrock Global Funds 2101 Beneficial owner
Principal Global Investors, Llc 2102 Investment manager

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