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. Hiroshima Gas Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円8,548 Mil. Hiroshima Gas Co's Revenue for the
three
months ended in Dec. 2023 was 円21,067 Mil.
Hiroshima Gas Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.
Hiroshima Gas Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.41) to Sep. 2023 (0.41)
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.
Hiroshima Gas Co's Days Inventory for the
three
months ended in Dec. 2023 was 50.57.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hiroshima Gas Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.80.
Hiroshima Gas Co Inventory-to-Revenue Historical Data
The historical data trend for Hiroshima Gas 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.
Competitive Comparison of Hiroshima Gas Co's Inventory-to-Revenue
For the Oil & Gas Integrated subindustry, Hiroshima Gas 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.
Hiroshima Gas Co's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hiroshima Gas Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Hiroshima Gas Co's Inventory-to-Revenue falls into.
Hiroshima Gas 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.
Hiroshima Gas Co's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Hiroshima Gas Co (TSE:9535) 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.
Hiroshima Gas Co's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Hiroshima Gas Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Hiroshima Gas Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Hiroshima Gas Co Ltd engages in the gas business which includes the sale of gas appliances, liquefied natural gas (LNG), and liquefied petroleum gas (LPG). It engages in the production, supply, and sale of gas; wholesale supply of gas to other gas companies; sale of gas devices; and installation of gas equipment associated with gas devices, as well as safety inspections and gas meter data collection activities. The company is also involved in the sale of LPG and LPG devices; refilling of LPG tanks; installation of LPG pipes; and construction of gas pipes and lines. In addition, it engages in the engineering; machinery installation; fees collection and call center operation; and information distribution activities, as well as provision of services for seniors.
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