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MingYang Smart Energy Group (SHSE:601615) Inventory-to-Revenue : 1.81 (As of Mar. 2025)


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What is MingYang Smart Energy Group 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. MingYang Smart Energy Group's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥13,915 Mil. MingYang Smart Energy Group's Revenue for the three months ended in Mar. 2025 was ¥7,704 Mil. MingYang Smart Energy Group's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.81.

MingYang Smart Energy Group's Inventory-to-Revenue for the quarter that ended in Mar. 2025 increased from Dec. 2024 (1.77) to Dec. 2024 (1.81)

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. MingYang Smart Energy Group's Days Inventory for the three months ended in Mar. 2025 was 189.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. MingYang Smart Energy Group's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.48.


MingYang Smart Energy Group Inventory-to-Revenue Historical Data

The historical data trend for MingYang Smart Energy Group'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.

MingYang Smart Energy Group Inventory-to-Revenue Chart

MingYang Smart Energy Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.33 0.29 0.32 0.43

MingYang Smart Energy Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.95 1.55 1.29 1.77 1.81

Competitive Comparison of MingYang Smart Energy Group's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, MingYang Smart Energy Group'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.


MingYang Smart Energy Group's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MingYang Smart Energy Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where MingYang Smart Energy Group's Inventory-to-Revenue falls into.


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MingYang Smart Energy Group 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.

MingYang Smart Energy Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (9699.972 + 13537.532) / 2 ) / 27158.317
=11618.752 / 27158.317
=0.43

MingYang Smart Energy Group's Inventory-to-Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue (Q: Mar. 2025 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Revenue (Q: Mar. 2025 )
=( (13537.532 + 14292.129) / 2 ) / 7703.618
=13914.8305 / 7703.618
=1.81

* 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.


MingYang Smart Energy Group  (SHSE:601615) 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.

MingYang Smart Energy Group's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=13914.8305/6687.623*365 / 4
=189.86

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

MingYang Smart Energy Group's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2025 ) / Average Total Inventories (Q: Mar. 2025 )
=6687.623 / 13914.8305
=0.48

* 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.


MingYang Smart Energy Group Inventory-to-Revenue Related Terms

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MingYang Smart Energy Group Business Description

Traded in Other Exchanges
Address
Mingyang Industrial Park, No. 22, Huoju Avenue, Zhongshan Torch High-tech Industrial Development Zone, Zhongshan, Guangdong, CHN, 528400
MingYang Smart Energy Group Ltd is a wind turbine manufacturer, that provides accessible green and smart energy, and a full lifecycle renewable solutions provider. The Group's business is divided into three segments: wind turbine manufacturing and sales, wind and solar farm development and operation, and other renewable energy services.
Executives
Zhang Chuan Wei Directors, senior managers
Shen Zhong Min Directors, senior managers
Zhang Qi Ying Directors, senior managers
Yu Jiang Tao senior management
Liang Cai Fa senior management
Wang Dong Dong senior management
Yi Ling Na senior management
Zhang Zhong Hai senior management
Wang Jin Fa Directors, senior managers
Cheng Jia Wan senior management
Liu Jian Jun senior management
Yang Pu senior management
Zhang Rui Director

MingYang Smart Energy Group Headlines

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