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Yantai Jereh Oilfield Services Group Co (SZSE:002353) Inventory-to-Revenue : 2.13 (As of Mar. 2025)


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What is Yantai Jereh Oilfield Services Group 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. Yantai Jereh Oilfield Services Group Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥5,723 Mil. Yantai Jereh Oilfield Services Group Co's Revenue for the three months ended in Mar. 2025 was ¥2,687 Mil. Yantai Jereh Oilfield Services Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 2.13.

Yantai Jereh Oilfield Services Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 increased from Dec. 2024 (1.08) to Dec. 2024 (2.13)

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. Yantai Jereh Oilfield Services Group Co's Days Inventory for the three months ended in Mar. 2025 was 283.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yantai Jereh Oilfield Services Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.32.


Yantai Jereh Oilfield Services Group Co Inventory-to-Revenue Historical Data

The historical data trend for Yantai Jereh Oilfield Services Group 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.

Yantai Jereh Oilfield Services Group Co Inventory-to-Revenue Chart

Yantai Jereh Oilfield Services Group Co 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 0.54 0.51 0.40 0.36 0.39

Yantai Jereh Oilfield Services Group Co 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 2.51 2.01 1.93 1.08 2.13

Competitive Comparison of Yantai Jereh Oilfield Services Group Co's Inventory-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Yantai Jereh Oilfield Services Group 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.


Yantai Jereh Oilfield Services Group Co's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Yantai Jereh Oilfield Services Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Yantai Jereh Oilfield Services Group Co's Inventory-to-Revenue falls into.


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Yantai Jereh Oilfield Services Group 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.

Yantai Jereh Oilfield Services Group Co'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 )
=( (5124.366 + 5351.205) / 2 ) / 13354.919
=5237.7855 / 13354.919
=0.39

Yantai Jereh Oilfield Services Group Co'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 )
=( (5351.205 + 6095.103) / 2 ) / 2686.602
=5723.154 / 2686.602
=2.13

* 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.


Yantai Jereh Oilfield Services Group Co  (SZSE:002353) 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.

Yantai Jereh Oilfield Services Group Co'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
=5723.154/1842.178*365 / 4
=283.49

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

Yantai Jereh Oilfield Services Group Co'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 )
=1842.178 / 5723.154
=0.32

* 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.


Yantai Jereh Oilfield Services Group Co Inventory-to-Revenue Related Terms

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Yantai Jereh Oilfield Services Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jerry Road, Laishan District, Shandong Province, Yantai, CHN, 264003
Yantai Jereh Oilfield Services Group Co Ltd is a China-based company engaged in the manufacturing of oilfield equipment and the provision of oilfield services. It is engaged in drilling equipment and oil & gas field engineering equipment manufacturing, equipment maintenance and accessories sales, oil field engineering technology services, as well as oil & gas field construction services. The company conducts its businesses within domestic and overseas markets.
Executives
Wang Kun Xiao Director
Li Hui Tao Director
Lu Wei Executives
Li Zhi Yong Executives
Liu Zhen Feng Director
Sun Wei Jie Director
Dong Ting Ting Supervisors
Wang Ji Li Director
Liu Dong Director
Li Xue Feng Executives
Liu Yu Qiao Supervisors
Cheng Yong Feng Secretary Dong
Hu Wen Guo Supervisors
Yu Xi Mao Independent director
Yan Yu Li Executives

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