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 Gas Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was $693 Mil. China Gas Holdings's Revenue for the
six
months ended in Sep. 2023 was $4,605 Mil.
China Gas Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.15.
China Gas Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023
increased
from Mar. 2023 (0.11) to Mar. 2023 (0.15)
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.
China Gas Holdings's Days Inventory for the
six
months ended in Sep. 2023 was 32.67.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Gas Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 5.59.
China Gas Holdings Inventory-to-Revenue Historical Data
The historical data trend for China Gas Holdings'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 China Gas Holdings's Inventory-to-Revenue
For the Utilities - Regulated Gas subindustry, China Gas Holdings'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.
China Gas Holdings's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Gas Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China Gas Holdings's Inventory-to-Revenue falls into.
China Gas Holdings 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.
China Gas Holdings'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.
China Gas Holdings (OTCPK:CGHLY) 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.
China Gas Holdings's Days Inventory for the
six
months ended in Sep. 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.
China Gas Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of China Gas Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
China Gas Holdings (China Gas Holdings) Business Description
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2023 (ended March 31, 2023), the group had secured a total of 661 piped gas concessions, 533 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 106 LPG distribution projects in China. In total, CGH has connected 45.4 million residential households and achieved a penetration rate of 68.6%.
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