What is Jinchuan Group International Resources 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. Jinchuan Group International Resources Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$1,018 Mil. Jinchuan Group International Resources Co's Revenue for the
six
months ended in Dec. 2023 was HK$2,435 Mil.
Jinchuan Group International Resources Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.42.
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.
Jinchuan Group International Resources Co's Days Inventory for the
six
months ended in Dec. 2023 was 88.30.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Jinchuan Group International Resources Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.07.
Jinchuan Group International Resources Co 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.
* Premium members only.
Jinchuan Group International Resources Co Inventory-to-Revenue Chart
Jinchuan Group International Resources Co Annual Data
Competitive Comparison of Jinchuan Group International Resources Co's Inventory-to-Revenue
For the Copper subindustry, Jinchuan Group International Resources 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.
Jinchuan Group International Resources Co's Inventory-to-Revenue Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Jinchuan Group International Resources Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Jinchuan Group International Resources Co's Inventory-to-Revenue falls into.
Jinchuan Group International Resources 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.
* 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.
Jinchuan Group International Resources Co (HKSE:02362) 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.
Jinchuan Group International Resources Co'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.
Jinchuan Group International Resources Co Inventory-to-Revenue Related Terms
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Jinchuan Group International Resources Co (HKSE:02362) Business Description
Jinchuan Group International Resources Co Ltd, through its subsidiaries, is engaged in mining operations including the production of copper and cobalt. The group's mining operations include two operating mines (Ruashi Mine and Kinsenda Mine), one project at the development stage (Musonoi Project), one exploration project (Lubembe Project), and one mine leased out under a finance lease agreement (Chibuluma South Mine (including Chifupu Deposit)). Geographically, it derives a majority of its revenue from Hong Kong.
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