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Jizhong Energy Resources Co (SZSE:000937) Inventory-to-Revenue : 0.29 (As of Jun. 2024)


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What is Jizhong Energy Resources 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. Jizhong Energy Resources Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥1,380 Mil. Jizhong Energy Resources Co's Revenue for the three months ended in Jun. 2024 was ¥4,778 Mil. Jizhong Energy Resources Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.29.

Jizhong Energy Resources Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 increased from Mar. 2024 (0.24) to Mar. 2024 (0.29)

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. Jizhong Energy Resources Co's Days Inventory for the three months ended in Jun. 2024 was 40.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jizhong Energy Resources Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.26.


Jizhong Energy Resources Co Inventory-to-Revenue Historical Data

The historical data trend for Jizhong Energy Resources 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.

Jizhong Energy Resources Co Inventory-to-Revenue Chart

Jizhong Energy Resources Co 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 0.04 0.03 0.03 0.05

Jizhong Energy Resources Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.19 0.25 0.33 0.24 0.29

Competitive Comparison of Jizhong Energy Resources Co's Inventory-to-Revenue

For the Thermal Coal subindustry, Jizhong Energy Resources 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.


Jizhong Energy Resources Co's Inventory-to-Revenue Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Jizhong Energy Resources Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Jizhong Energy Resources Co's Inventory-to-Revenue falls into.



Jizhong Energy Resources 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.

Jizhong Energy Resources 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 )
=( (1175.383 + 1170.596) / 2 ) / 24329.544
=1172.9895 / 24329.544
=0.05

Jizhong Energy Resources Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (1333.068 + 1427.327) / 2 ) / 4778.216
=1380.1975 / 4778.216
=0.29

* 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.


Jizhong Energy Resources Co  (SZSE:000937) 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.

Jizhong Energy Resources Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=1380.1975/3116.315*365 / 4
=40.41

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

Jizhong Energy Resources Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=3116.315 / 1380.1975
=2.26

* 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.


Jizhong Energy Resources Co Inventory-to-Revenue Related Terms

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Jizhong Energy Resources Co Business Description

Traded in Other Exchanges
N/A
Address
No. 191 Zhongxing West Street, Hebei Province, Xingtai, CHN, 054000
Jizhong Energy Resources Co Ltd is a China-based company engaged in coal mining and processing. It offers washed coal and sieve mixed coal products. Its main business scope covers products such as coal plates, coal chemicals and chemicals, power plates, fiberglass plates and cement plates.
Executives
Wang Yu Min Director
Cao Yao Supervisors
Guo Zhi Wu Supervisors
Liang Ri Dong Supervisors
Zhang Dang Yu Executives
Zhang Zhen Feng Supervisors
Xu Deng Wang Executives

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