What is Pingtan Marine Enterprise 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. Pingtan Marine Enterprise's Average Total Inventories for the quarter that ended in Jun. 2022 was $63.7 Mil. Pingtan Marine Enterprise's Revenue for the
three
months ended in Jun. 2022 was $0.0 Mil.
Pingtan Marine Enterprise's Inventory-to-Revenue for the quarter that ended in Jun. 2022
declined
from Dec. 2021 (1.02) to Dec. 2021 (0.00)
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.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Pingtan Marine Enterprise's Inventory Turnover for the quarter that ended in Jun. 2022 was 0.00.
Pingtan Marine Enterprise Inventory-to-Revenue Historical Data
* 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 Pingtan Marine Enterprise's Inventory-to-Revenue
For the Farm Products subindustry, Pingtan Marine Enterprise'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.
Pingtan Marine Enterprise's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Pingtan Marine Enterprise's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Pingtan Marine Enterprise's Inventory-to-Revenue falls into.
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.
Pingtan Marine Enterprise's Inventory-to-Revenue for the fiscal year that ended in Dec. 2021 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.
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.
Pingtan Marine Enterprise's Days Inventory for the
three
months ended in Jun. 2022 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.
Pingtan Marine Enterprise Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Pingtan Marine Enterprise's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Pingtan Marine Enterprise (Pingtan Marine Enterprise) Business Description
Pingtan Marine Enterprise Ltd is a marine enterprises group primarily engaging in ocean fishing. The company provides high-quality seafood to a diverse group of customers including distributors, restaurant owners and exporters in the China. It harvests a range of fish species with its owned and licensed vessels operating within the Indian Exclusive Economic Zone, Indo-Pacific waters, the Arafura Sea of Indonesia, and international waters of Atlantic and Pacific Oceans. Pingtan derives revenue primarily from the sales of frozen seafood products.
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