CIMC Enric Holdings (CIMC Enric Holdings) Inventory-to-Revenue : 0.38 (As of Dec. 2023)

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What is CIMC Enric Holdings 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. CIMC Enric Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $677 Mil. CIMC Enric Holdings's Revenue for the six months ended in Dec. 2023 was $1,802 Mil. CIMC Enric Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

CIMC Enric Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.45) to Jun. 2023 (0.38)

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. CIMC Enric Holdings's Days Inventory for the six months ended in Dec. 2023 was 80.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. CIMC Enric Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.26.

CIMC Enric Holdings Inventory-to-Revenue Historical Data

The historical data trend for CIMC Enric 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.

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CIMC Enric Holdings Inventory-to-Revenue Chart

CIMC Enric Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.28

0.30

0.22

0.24

0.20

CIMC Enric Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.42	0.52	0.45	0.45	0.38

Competitive Comparison of CIMC Enric Holdings's Inventory-to-Revenue

For the Oil & Gas Equipment & Services subindustry, CIMC Enric 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.

CIMC Enric Holdings's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CIMC Enric Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where CIMC Enric Holdings's Inventory-to-Revenue falls into.

CIMC Enric Holdings Inventory-to-Revenue Calculation

CIMC Enric Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (665.027	+	668.96)	/	2 )	/	3308.91
=	666.9935					/	3308.91
=	0.20

CIMC Enric Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (684.866	+	668.96)	/	2 )	/	1802.441
=	676.913					/	1802.441
=	0.38

CIMC Enric Holdings (OTCPK:CIMEF) 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:

More Related Terms:

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

CIMC Enric Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	676.913	/	1529.387	*	365 / 2
	=	80.78

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

CIMC Enric Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	1529.387	/	676.913
	=	2.26

CIMC Enric Holdings Inventory-to-Revenue Related Terms

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CIMC Enric Holdings (CIMC Enric Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CIMC Enric Holdings Ltd (OTCPK:CIMEF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

03899:Hong Kong E8F:Germany

Address

CIMC R&D Center, third floor, No. 2 Gangwan Avenue, Shekou Industrial Zone, Nanshan District, Guangdong, Shenzhen, CHN

Website

https://www.enricgroup.com

CIMC Enric Holdings Ltd is engaged in the design, development, manufacturing, engineering, and sales of transportation, storage, and processing equipment. It is also involved in the provision of technical maintenance services. The company operates through three segments. The clean energy segment specializes in the manufacture and sale of a wide range of equipment for the storage, transportation, processing, and distribution of natural gas. Chemical and environmental segment specializes in the manufacture and sale of a wide range of equipment, such as tank containers, for the storage and transportation of liquefied or gasified chemicals. The liquid food segment specializes in the engineering, manufacture, and sale of stainless-steel tanks for storage and processing liquid food.