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SHZNF (Shenzhen Expressway) Inventory-to-Revenue : 0.62 (As of Sep. 2024)


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What is Shenzhen Expressway 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. Shenzhen Expressway's Average Total Inventories for the quarter that ended in Sep. 2024 was $183 Mil. Shenzhen Expressway's Revenue for the three months ended in Sep. 2024 was $297 Mil. Shenzhen Expressway's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.62.

Shenzhen Expressway's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (0.77) to Jun. 2024 (0.62)

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. Shenzhen Expressway's Days Inventory for the three months ended in Sep. 2024 was 94.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Expressway's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.97.


Shenzhen Expressway Inventory-to-Revenue Historical Data

The historical data trend for Shenzhen Expressway'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.

Shenzhen Expressway Inventory-to-Revenue Chart

Shenzhen Expressway 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 0.10 0.10 0.10 0.15 0.15

Shenzhen Expressway 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 0.61 0.46 0.66 0.77 0.62

Competitive Comparison of Shenzhen Expressway's Inventory-to-Revenue

For the Infrastructure Operations subindustry, Shenzhen Expressway'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.


Shenzhen Expressway's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Expressway's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shenzhen Expressway's Inventory-to-Revenue falls into.



Shenzhen Expressway 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.

Shenzhen Expressway'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 )
=( (188.514 + 189.85) / 2 ) / 1301.827
=189.182 / 1301.827
=0.15

Shenzhen Expressway'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 )
=( (179.27 + 187.222) / 2 ) / 297.186
=183.246 / 297.186
=0.62

* 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.


Shenzhen Expressway  (OTCPK:SHZNF) 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.

Shenzhen Expressway'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
=183.246/177.586*365 / 4
=94.16

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

Shenzhen Expressway'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 )
=177.586 / 183.246
=0.97

* 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.


Shenzhen Expressway Inventory-to-Revenue Related Terms

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Shenzhen Expressway Business Description

Address
Hanking Center Tower, Yuehai Street, No. 9968, Floor 46, Shennan Avenue, Nanshan District, Shenzhen, CHN, 518057
Shenzhen Expressway Corp Ltd is a Company who are the engaged in construction, operation, management, investment of toll highways and environmental protection in China. The environmental protection business mainly includes recycling and treatment of solid waste and clean energy power generation. The group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment operates and manages environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the Toll segment.

Shenzhen Expressway Headlines

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