What is Planet Green 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. Planet Green Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $3.52 Mil. Planet Green Holdings's Revenue for the
three
months ended in Dec. 2023 was $9.83 Mil.
Planet Green Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.
Planet Green Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (1.04) to Sep. 2023 (0.36)
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.
Planet Green Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 35.50.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Planet Green Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.57.
Planet Green Holdings Inventory-to-Revenue Historical Data
The historical data trend for Planet Green 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 Planet Green Holdings's Inventory-to-Revenue
For the Packaged Foods subindustry, Planet Green 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.
Planet Green Holdings's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Planet Green Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Planet Green Holdings's Inventory-to-Revenue falls into.
Planet Green 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.
Planet Green Holdings's Inventory-to-Revenue for the fiscal year that 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.
Planet Green Holdings (AMEX:PLAG) 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.
Planet Green Holdings'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.
Planet Green Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Planet Green Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Planet Green Holdings (Planet Green Holdings) Business Description
Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PLAG has been successfully added to your 