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Qingdao Tianneng Heavy Industries Co (SZSE:300569) Inventory-to-Revenue : 2.95 (As of Mar. 2025)


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What is Qingdao Tianneng Heavy Industries 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. Qingdao Tianneng Heavy Industries Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥1,667 Mil. Qingdao Tianneng Heavy Industries Co's Revenue for the three months ended in Mar. 2025 was ¥564 Mil. Qingdao Tianneng Heavy Industries Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 2.95.

Qingdao Tianneng Heavy Industries Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 increased from Dec. 2024 (1.16) to Dec. 2024 (2.95)

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. Qingdao Tianneng Heavy Industries Co's Days Inventory for the three months ended in Mar. 2025 was 345.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qingdao Tianneng Heavy Industries Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.26.


Qingdao Tianneng Heavy Industries Co Inventory-to-Revenue Historical Data

The historical data trend for Qingdao Tianneng Heavy Industries 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.

Qingdao Tianneng Heavy Industries Co Inventory-to-Revenue Chart

Qingdao Tianneng Heavy Industries 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 0.21 0.19 0.23 0.25 0.43

Qingdao Tianneng Heavy Industries 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 2.47 2.06 2.37 1.16 2.95

Competitive Comparison of Qingdao Tianneng Heavy Industries Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Qingdao Tianneng Heavy Industries 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.


Qingdao Tianneng Heavy Industries Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Tianneng Heavy Industries Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Qingdao Tianneng Heavy Industries Co's Inventory-to-Revenue falls into.


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Qingdao Tianneng Heavy Industries 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.

Qingdao Tianneng Heavy Industries 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 )
=( (1274.415 + 1565.873) / 2 ) / 3273.045
=1420.144 / 3273.045
=0.43

Qingdao Tianneng Heavy Industries 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 )
=( (1565.873 + 1767.851) / 2 ) / 564.443
=1666.862 / 564.443
=2.95

* 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.


Qingdao Tianneng Heavy Industries Co  (SZSE:300569) 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.

Qingdao Tianneng Heavy Industries 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
=1666.862/440.378*365 / 4
=345.39

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

Qingdao Tianneng Heavy Industries 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 )
=440.378 / 1666.862
=0.26

* 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.


Qingdao Tianneng Heavy Industries Co Inventory-to-Revenue Related Terms

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Qingdao Tianneng Heavy Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Longxiang Street, Datunhe Industrial Park, Ligezhuang Town, Shandong Province, Jiaozhou, CHN
Qingdao Tianneng Heavy Industries Co Ltd specializes in the manufacture and sale of megawatt wind turbine towers and related products. Its other business activities include chemical production equipment manufacturing, photovoltaic power generation, biomass energy generation and electric energy sales. In addition, the company is engaged in biomass energy power station construction, operation and maintenance. The products are sold to more than 20 provinces, municipalities and autonomous regions in China and foreign markets such as Italy, the United States, Iran and other countries.
Executives
Zhao Bo Executives
Yu Fu Hai Supervisors
Zhang Shi Qi Director
Hu Peng Peng Executives
Song De Hai Directors, executives
Liu Ping Executives
Fang Rui Zheng Directors, executives

Qingdao Tianneng Heavy Industries Co Headlines

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