China Everbright Greentech (FRA:CK7) Inventory Turnover : 7.49 (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is China Everbright Greentech Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. China Everbright Greentech's Cost of Goods Sold for the six months ended in Jun. 2024 was €336.0 Mil. China Everbright Greentech's Average Total Inventories for the quarter that ended in Jun. 2024 was €44.9 Mil. China Everbright Greentech's Inventory Turnover for the quarter that ended in Jun. 2024 was 7.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Everbright Greentech's Days Inventory for the six months ended in Jun. 2024 was 24.38.

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. China Everbright Greentech's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.11.

China Everbright Greentech Inventory Turnover Historical Data

The historical data trend for China Everbright Greentech's Inventory Turnover 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.

China Everbright Greentech Inventory Turnover Chart

China Everbright Greentech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

37.03

29.23

22.94

18.59

15.42

China Everbright Greentech Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial														10.22	8.89	7.21	7.67	7.49

China Everbright Greentech Inventory Turnover Calculation

China Everbright Greentech's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	683.568	/ (	(45.833	+	42.817)	/	2 )
=	683.568	/	44.325
=	15.42

China Everbright Greentech's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	335.972	/ (	(42.817	+	46.954)	/	2 )
=	335.972	/	44.8855
=	7.49

China Everbright Greentech (FRA:CK7) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

China Everbright Greentech's Days Inventory for the six 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
	=	44.8855	/	335.972	*	365 / 2
	=	24.38

2. 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.

China Everbright Greentech's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	44.8855	/	416.989
	=	0.11

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

China Everbright Greentech Inventory Turnover Related Terms

Thank you for viewing the detailed overview of China Everbright Greentech's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

China Everbright Greentech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Everbright Greentech Ltd (FRA:CK7) » Definitions » Inventory Turnover

Traded in Other Exchanges

01257:Hong Kong

Address

16 Harcourt Road, Room 3602, 36th Floor, Far East Finance Centre, Hong Kong, HKG

Website

https://www.ebgreentech.com

China Everbright Greentech Ltd is an investment holding company. It operates in the following segments: Integrated biomass utilization project construction and operation; Hazardous and solid waste treatment project construction and operation; Environmental remediation project operation; Solar energy, and wind power project operation. The company derives the majority of its revenue from the integrated biomass utilization segment, which engages in the construction and operation of biomass direct combustion power generation projects, biomass heat supply projects, biomass electricity, and heat cogeneration projects, waste-to-energy projects, and integrated biomass and waste-to-energy project. Its geographical segments are China which generates key revenue, Hong Kong, and Germany.

China Everbright Greentech Headlines

No Headlines