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JG Environmental Technology Co (ROCO:6723) Inventory-to-Revenue : 0.18 (As of Dec. 2023)


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What is JG Environmental 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. JG Environmental Technology Co's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$75.7 Mil. JG Environmental Technology Co's Revenue for the six months ended in Dec. 2023 was NT$428.6 Mil. JG Environmental Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

JG Environmental Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.18) to Jun. 2023 (0.18)

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. JG Environmental Technology Co's Days Inventory for the six months ended in Dec. 2023 was 38.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. JG Environmental Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.75.


JG Environmental Technology Co Inventory-to-Revenue Historical Data

The historical data trend for JG Environmental 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.

JG Environmental Technology Co Inventory-to-Revenue Chart

JG Environmental Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.08 0.08 0.08 0.16 0.11

JG Environmental Technology Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.22 0.30 0.29 0.18 0.18

Competitive Comparison of JG Environmental Technology Co's Inventory-to-Revenue

For the Pollution & Treatment Controls subindustry, JG Environmental 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.


JG Environmental Technology Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

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

* The bar in red indicates where JG Environmental Technology Co's Inventory-to-Revenue falls into.



JG Environmental 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.

JG Environmental 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 )
=( (118.93 + 81.885) / 2 ) / 959.032
=100.4075 / 959.032
=0.10

JG Environmental Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (69.595 + 81.885) / 2 ) / 428.577
=75.74 / 428.577
=0.18

* 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.


JG Environmental Technology Co  (ROCO:6723) 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.

JG Environmental Technology Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=75.74/359.428*365 / 2
=38.46

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

JG Environmental Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=359.428 / 75.74
=4.75

* 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.


JG Environmental Technology Co Inventory-to-Revenue Related Terms

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JG Environmental Technology Co (ROCO:6723) Business Description

Traded in Other Exchanges
N/A
Address
Lane 461, Zhongfeng Road, 10th Floor, No. 180, Longtan District, Taoyuan City, TWN
JG Environmental Technology Co is engaged in designing, manufacturing and installation of air pollution and energy recovery equipment and systems. The company's products include ESCO environmental protection system and equipment, Gaseous pollutant purification and deodorization equipment, Acid gas and particle removal equipment, and VOCs exhaust gas treatment system among others.

JG Environmental Technology Co (ROCO:6723) Headlines

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