What is China Three Gorges Renewables (Group) Co 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. China Three Gorges Renewables (Group) Co's Average Total Inventories for the quarter that ended in Sep. 2023 was ¥240 Mil. China Three Gorges Renewables (Group) Co's Revenue for the
three
months ended in Sep. 2023 was ¥5,585 Mil.
China Three Gorges Renewables (Group) Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.04.
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 Three Gorges Renewables (Group) Co's Days Inventory for the
three
months ended in Sep. 2023 was 7.36.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Three Gorges Renewables (Group) Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 12.40.
China Three Gorges Renewables (Group) Co 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.
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China Three Gorges Renewables (Group) Co Inventory-to-Revenue Chart
China Three Gorges Renewables (Group) Co Annual Data
Competitive Comparison of China Three Gorges Renewables (Group) Co's Inventory-to-Revenue
For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) Co'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 Three Gorges Renewables (Group) Co's Inventory-to-Revenue Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China Three Gorges Renewables (Group) Co's Inventory-to-Revenue falls into.
China Three Gorges Renewables (Group) Co 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.
* 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 Three Gorges Renewables (Group) Co (SHSE:600905) 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 Three Gorges Renewables (Group) Co's Days Inventory for the
three
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 Three Gorges Renewables (Group) Co Inventory-to-Revenue Related Terms
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China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description
China Three Gorges Renewables, or CTGR, is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 26.5 gigawatts as of the end of 2022. In particular, the firm is also one of the largest offshore wind farm operators in China, with 4.9 GW of installed capacity at the end of 2022, representing about 16% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.4% of CTGR's issued shares as of the end of 2022.
China Three Gorges Renewables (Group) Co (SHSE:600905) Headlines
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