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Hsin Tai Gas (ROCO:8917) Inventory-to-Revenue : 0.10 (As of Sep. 2024)


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What is Hsin Tai Gas 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. Hsin Tai Gas's Average Total Inventories for the quarter that ended in Sep. 2024 was NT$65 Mil. Hsin Tai Gas's Revenue for the three months ended in Sep. 2024 was NT$625 Mil. Hsin Tai Gas's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.10.

Hsin Tai Gas's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (0.10) to Jun. 2024 (0.10)

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. Hsin Tai Gas's Days Inventory for the three months ended in Sep. 2024 was 11.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hsin Tai Gas's Inventory Turnover for the quarter that ended in Sep. 2024 was 7.71.


Hsin Tai Gas Inventory-to-Revenue Historical Data

The historical data trend for Hsin Tai Gas'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.

Hsin Tai Gas Inventory-to-Revenue Chart

Hsin Tai Gas 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 0.03 0.03 0.02 0.02 0.03

Hsin Tai Gas 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 0.11 0.10 0.09 0.10 0.10

Competitive Comparison of Hsin Tai Gas's Inventory-to-Revenue

For the Utilities - Regulated Gas subindustry, Hsin Tai Gas'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.


Hsin Tai Gas's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hsin Tai Gas's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Hsin Tai Gas's Inventory-to-Revenue falls into.



Hsin Tai Gas 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.

Hsin Tai Gas'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 )
=( (64.336 + 63.366) / 2 ) / 2583.286
=63.851 / 2583.286
=0.02

Hsin Tai Gas'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 )
=( (62.799 + 67.862) / 2 ) / 625.328
=65.3305 / 625.328
=0.10

* 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.


Hsin Tai Gas  (ROCO:8917) 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.

Hsin Tai Gas'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
=65.3305/503.561*365 / 4
=11.84

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

Hsin Tai Gas'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 )
=503.561 / 65.3305
=7.71

* 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.


Hsin Tai Gas Inventory-to-Revenue Related Terms

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Hsin Tai Gas Business Description

Traded in Other Exchanges
N/A
Address
No. 221, Section 2, Zhonghua Road, Tucheng District, New Taipei City, TWN
Hsin Tai Gas Corp is engaged in natural gas supply, natural gas transmission system construction, sale and installation of gas meters, and office building rental business. The company provides natural gas mainly to families, government organizations, and other areas. It operates its business mainly in New Taipei City.

Hsin Tai Gas Headlines

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