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. ENN Natural Gas Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥2,427 Mil. ENN Natural Gas Co's Revenue for the
three
months ended in Sep. 2024 was ¥31,764 Mil.
ENN Natural Gas Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.08.
ENN Natural Gas Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024
declined
from Jun. 2024 (0.08) to Jun. 2024 (0.08)
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.
ENN Natural Gas Co's Days Inventory for the
three
months ended in Sep. 2024 was 7.97.
Inventory Turnover measures how fast the company turns over its inventory within a year.
ENN Natural Gas Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 11.45.
ENN Natural Gas Co Inventory-to-Revenue Historical Data
The historical data trend for ENN Natural Gas 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.
Competitive Comparison of ENN Natural Gas Co's Inventory-to-Revenue
For the Conglomerates subindustry, ENN Natural Gas 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.
ENN Natural Gas Co's Inventory-to-Revenue Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, ENN Natural Gas Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where ENN Natural Gas Co's Inventory-to-Revenue falls into.
ENN Natural Gas 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.
ENN Natural Gas Co's Inventory-to-Revenue for the fiscal year that 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.
ENN Natural Gas Co (SHSE:600803) 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.
ENN Natural Gas Co's Days Inventory for the
three
months ended in Sep. 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.
ENN Natural Gas Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of ENN Natural Gas Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
ENN Natural Gas Co Ltd formerly known as ENN Ecological Holdings Co Ltd is a natural gas distributor. The company has formed four division namely natural gas sales, integrated energy services, energy trade, and energy transmission and distribution. Its products include natural gas, coal, methanol, Dimethyl ether, Double junction silicon-based thin film solar panel, Ubiquitous energy efficiency platform, and Micro gas turbine.
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