CITIC Envirotech (TPE:911610) Inventory-to-Revenue : 0.20 (As of Sep. 2019)

View and export this data going back to . Start your Free Trial

What is CITIC Envirotech 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. CITIC Envirotech's Average Total Inventories for the quarter that ended in Sep. 2019 was NT$736 Mil. CITIC Envirotech's Revenue for the three months ended in Sep. 2019 was NT$3,702 Mil. CITIC Envirotech's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.20.

CITIC Envirotech's Inventory-to-Revenue for the quarter that ended in Sep. 2019 increased from Jun. 2019 (0.15) to Jun. 2019 (0.20)

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. CITIC Envirotech's Days Inventory for the three months ended in Sep. 2019 was 42.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. CITIC Envirotech's Inventory Turnover for the quarter that ended in Sep. 2019 was 2.12.

CITIC Envirotech Inventory-to-Revenue Historical Data

The historical data trend for CITIC Envirotech'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.

CITIC Envirotech Inventory-to-Revenue Chart

CITIC Envirotech Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Dec16

Dec17

Dec18

Inventory-to-Revenue

Get a 7-Day Free Trial

0.02

0.03

CITIC Envirotech Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Inventory-to-Revenue	Get a 7-Day Free Trial															0.12	0.14	0.41	0.15	0.20

Competitive Comparison of CITIC Envirotech's Inventory-to-Revenue

For the Pollution & Treatment Controls subindustry, CITIC Envirotech'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.

CITIC Envirotech's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CITIC Envirotech's Inventory-to-Revenue distribution charts can be found below:

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

CITIC Envirotech Inventory-to-Revenue Calculation

CITIC Envirotech's Inventory-to-Revenue for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory-to-Revenue (A: Dec. 2018 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )
=	( (564.512	+	589.61)	/	2 )	/	22337.895
=	577.061					/	22337.895
=	0.03

CITIC Envirotech's Inventory-to-Revenue for the quarter that ended in Sep. 2019 is calculated as

	Inventory-to-Revenue (Q: Sep. 2019 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2019 )	+	Total Inventories (Q: Sep. 2019 ))	/	count )	/	Revenue (Q: Sep. 2019 )
=	( (644.305	+	826.708)	/	2 )	/	3702.305
=	735.5065					/	3702.305
=	0.20

CITIC Envirotech (TPE:911610) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

CITIC Envirotech's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2019 )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
	=	735.5065	/	1562.423	*	365 / 4
	=	42.96

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

CITIC Envirotech's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2019 )	/	Average Total Inventories (Q: Sep. 2019 )
	=	1562.423	/	735.5065
	=	2.12

CITIC Envirotech Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of CITIC Envirotech's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

CITIC Envirotech (TPE:911610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CITIC Envirotech Ltd (TPE:911610) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Science Park Road, No. 01-01 The Alpha, Singapore, SGP, 117684

Website

http://www.citicenvirotech.com

CITIC Envirotech Ltd is a provider of membrane-based integrated environmental solutions. The company manufactures membrane products whose technologies are applied for the treatment and recycling of wastewater. Its principal activities include design, fabrication, installation, and commissioning of water and wastewater systems. The company operates through two segments. Its Engineering and membrane system comprises of Engineering and Membrane system sales. The Treatment segment is engaged in the rendering of wastewater treatment services and the Membrane manufacturing and sales segment manufactures and sells polymers. The company's geographical area of operation includes the People's Republic of China, the United States of America and Malaysia.

CITIC Envirotech (TPE:911610) Headlines

No Headlines