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China Natural Gas (China Natural Gas) Inventory-to-Revenue

: 0.09 (As of Sep. 2013)
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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 Natural Gas's Average Total Inventories for the quarter that ended in Sep. 2013 was $3.0 Mil. China Natural Gas's Revenue for the three months ended in Sep. 2013 was $32.0 Mil. China Natural Gas's Inventory-to-Revenue for the quarter that ended in Sep. 2013 was 0.09.

China Natural Gas's Inventory-to-Revenue for the quarter that ended in Sep. 2013 increased from Jun. 2013 (0.09) to Jun. 2013 (0.09)

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 Natural Gas's Days Inventory for the three months ended in Sep. 2013 was 12.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Natural Gas's Inventory Turnover for the quarter that ended in Sep. 2013 was 7.58.


China Natural Gas Inventory-to-Revenue Historical Data

The historical data trend for China Natural Gas'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.

China Natural Gas Annual Data
Trend Jul03 Jul04 Jul05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.02

China Natural Gas Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.07 0.08 0.09 0.09

Competitive Comparison

For the Utilities - Regulated Gas subindustry, China Natural Gas'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 Natural Gas Inventory-to-Revenue Distribution

For the Utilities - Regulated industry and Utilities sector, China Natural Gas's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Natural Gas's Inventory-to-Revenue falls into.



China Natural Gas 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 Natural Gas's Inventory-to-Revenue for the fiscal year that ended in Dec. 2012 is calculated as

Inventory-to-Revenue (A: Dec. 2012 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count ) / Revenue (A: Dec. 2012 )
=( (1.939 + 2.474) / 2 ) / 145.281
=2.2065 / 145.281
=0.02

China Natural Gas's Inventory-to-Revenue for the quarter that ended in Sep. 2013 is calculated as

Inventory-to-Revenue (Q: Sep. 2013 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2013 ) + Total Inventories (Q: Sep. 2013 )) / count ) / Revenue (Q: Sep. 2013 )
=( (2.917 + 3.012) / 2 ) / 32.031
=2.9645 / 32.031
=0.09

* 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 Natural Gas  (OTCPK:CHNGQ) 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 Natural Gas's Days Inventory for the three months ended in Sep. 2013 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2013 )/Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=2.9645/22.465*365 / 4
=12.04

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

China Natural Gas's Inventory Turnover for the quarter that ended in Sep. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2013 ) / Average Total Inventories (Q: Sep. 2013 )
=22.465 / 2.9645
=7.58

* 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 Natural Gas Inventory-to-Revenue Related Terms

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China Natural Gas (China Natural Gas) Business Description

Traded in Other Exchanges
N/A
Address
35 Tang Yan Road, 19th Floor Building B, Van Metropolis, Hi-Tech Zone, Shaanxi Province, Xian, CHN, 710065
China Natural Gas Inc through its subsidiaries engages in sales & distribution of natural gas and gasoline to commercial, industrial & residential customers, construction of pipeline networks, installation of natural gas fittings & parts for end-users.
Executives
Frank Waung director 72 GREAT HILLS RD., SHORT HILLS NJ 07078
Lawrence W. Leighton director TANG XING SHU MA BUILDING, SUITE 418, TANG XING ROAD, XIAN, SHAANXI PROVINCE F4 710065
Xiaogang Zhu officer: Chief Financial Officer SUITE 909, TOWER B, CHANG AN INTL BLDG, NO. 88 NAN GUAN ZHEN XIE, XI AN CITY, SHAN XI PROVINCE F4 710068

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