China XD Plastics Co (China XD Plastics Co) Inventory-to-Revenue : 1.12 (As of Dec. 2020)

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What is China XD Plastics 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 XD Plastics Co's Average Total Inventories for the quarter that ended in Dec. 2020 was $664 Mil. China XD Plastics Co's Revenue for the three months ended in Dec. 2020 was $594 Mil. China XD Plastics Co's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 1.12.

China XD Plastics Co's Inventory-to-Revenue for the quarter that ended in Dec. 2020 declined from Sep. 2020 (2.46) to Sep. 2020 (1.12)

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. China XD Plastics Co's Days Inventory for the three months ended in Dec. 2020 was 114.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. China XD Plastics Co's Inventory Turnover for the quarter that ended in Dec. 2020 was 0.80.

China XD Plastics Co Inventory-to-Revenue Historical Data

The historical data trend for China XD Plastics Co'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 XD Plastics Co Inventory-to-Revenue Chart

China XD Plastics Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Inventory-to-Revenue

Get a 7-Day Free Trial

0.24

0.27

0.41

0.44

0.47

China XD Plastics Co Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Inventory-to-Revenue	Get a 7-Day Free Trial															2.16	4.39	2.31	2.46	1.12

Competitive Comparison of China XD Plastics Co's Inventory-to-Revenue

For the Specialty Chemicals subindustry, China XD Plastics 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 XD Plastics Co's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China XD Plastics Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where China XD Plastics Co's Inventory-to-Revenue falls into.

China XD Plastics Co Inventory-to-Revenue Calculation

China XD Plastics Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory-to-Revenue (A: Dec. 2020 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )
=	( (642.51	+	577.935)	/	2 )	/	1311.902
=	610.2225					/	1311.902
=	0.47

China XD Plastics Co's Inventory-to-Revenue for the quarter that ended in Dec. 2020 is calculated as

	Inventory-to-Revenue (Q: Dec. 2020 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2020 )	+	Total Inventories (Q: Dec. 2020 ))	/	count )	/	Revenue (Q: Dec. 2020 )
=	( (749.37	+	577.935)	/	2 )	/	593.785
=	663.6525					/	593.785
=	1.12

China XD Plastics Co (OTCPK:CXDC) 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.

China XD Plastics Co's Days Inventory for the three months ended in Dec. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2020 )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
	=	663.6525	/	529.758	*	365 / 4
	=	114.31

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

China XD Plastics Co's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2020 )	/	Average Total Inventories (Q: Dec. 2020 )
	=	529.758	/	663.6525
	=	0.80

China XD Plastics Co Inventory-to-Revenue Related Terms

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China XD Plastics Co (China XD Plastics Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China XD Plastics Co Ltd (OTCPK:CXDC) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 9 Dalian North Road, Haping Road Centralized Industrial Park, Harbin Development Zone, Heilongjiang, CHN, 150060

Website

http://www.chinaxd.net

China XD Plastics Co Ltd manufactures special plastic material that is used for automobiles. Its product offering includes automobile exteriors, interiors and other components such as air conditioner casing, heating and ventilation casing, engine covers and air ducts which marketed are predominantly sold in China.

Executives

Dahe Zhang	director, officer: Chief Financial Officer	500 5TH AVENUE, SUITE 4120, NEW YORK NY 10110
Jie Han	director, 10 percent owner, officer: Chief Executive Officer	NO 9 QINLING RD, YINGBIN RD, CENTRALIZED IND PARK, HARBIN DEVELP CTR HEILONGJIANG F4 150078
Qingwei Ma	officer: Chief Operating Officer	NO 9 QINLING RD, YINGBIN RD, CENTRALIZED IND PARK, HARBIN DEVELP CTR HEILONGJIANG F4 150078
Faith Dawn Ltd	10 percent owner	NO. 9 DALIAN NORTH ROAD HAPING ROAD CENTRALIZED INDUSTRIAL PARK HEILONGJIANG PROVINCE F4 00000
Faith Abundant Ltd	10 percent owner	NO. 9 DALIAN NORTH ROAD HAPING ROAD CENTRALIZED INDUSTRIAL PARK HEILONGJIANG PROVINCE F4 00000
Guanbao Huang	director	NO. 9 DALIAN N RD, HAPING RD CEN IND PK HARBIN DEVELOPMENT ZONE HEILONGJIANG PROVINCE F4 150060
Huiyi Chen	director	NO. 9 DALIAN N RD, HAPING RD CEN IND PK HARBIN DEVELOPMENT ZONE HEILONGJIANG PROVINCE F4 150060
Junjie Ma	officer: Chief Technology Officer	NO 9 QINLING RD, YINGBIN RD, CENTRALIZED IND PARK, HARBIN DEVELP CTR HEILONGJIANG F4 150078
North Haven Private Equity Asia Iii, L.p.	10 percent owner, other: See Explanation of Responses	1585 BROADWAY NEW YORK NY 10036
North Haven Private Equity Asia Employee Investors Iii, L.p.	10 percent owner, other: See Explanation of Responses	1585 BROADWAY NEW YORK NY 10036
Ms Holdings Inc	10 percent owner, other: See Explanation of Responses	1585 BROADWAY NEW YORK NY 10036
Morgan Stanley Private Equity Asia Iii Holdings (cayman) Ltd	10 percent owner, other: See Explanation of Responses	C/O WALKERS CORPORATE SERVICES LIMITED WALKER HOUSE, 87 MARY STREET GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Morgan Stanley Private Equity Asia Iii, L.l.c.	10 percent owner, other: See Explanation of Responses	1585 BROADWAY NEW YORK NY 10036
Morgan Stanley Private Equity Asia Iii, Inc.	10 percent owner, other: See Explanation of Responses	1585 BROADWAY NEW YORK NY 10036
Mspea Modified Plastics Holding Ltd	10 percent owner, other: See Explanation of Responses	C/O WALKERS CORPORATE SERVICES LIMITED WALKER HOUSE, 87 MARY STREET GEORGE TOWN, GRAND CAYMAN E9 KYI-9005