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Kingold Jewelry (Kingold Jewelry) Inventory-to-Revenue : 0.69 (As of Sep. 2019)


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What is Kingold Jewelry 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. Kingold Jewelry's Average Total Inventories for the quarter that ended in Sep. 2019 was $265 Mil. Kingold Jewelry's Revenue for the three months ended in Sep. 2019 was $383 Mil. Kingold Jewelry's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.69.

Kingold Jewelry's Inventory-to-Revenue for the quarter that ended in Sep. 2019 increased from Jun. 2019 (0.36) to Jun. 2019 (0.69)

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. Kingold Jewelry's Days Inventory for the three months ended in Sep. 2019 was 65.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kingold Jewelry's Inventory Turnover for the quarter that ended in Sep. 2019 was 1.38.


Kingold Jewelry Inventory-to-Revenue Historical Data

The historical data trend for Kingold Jewelry'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.

Kingold Jewelry Inventory-to-Revenue Chart

Kingold Jewelry Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.26 0.15 0.06 0.05

Kingold Jewelry Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.24 0.22 0.32 0.36 0.69

Competitive Comparison of Kingold Jewelry's Inventory-to-Revenue

For the Luxury Goods subindustry, Kingold Jewelry'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.


Kingold Jewelry's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kingold Jewelry's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Kingold Jewelry's Inventory-to-Revenue falls into.



Kingold Jewelry 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.

Kingold Jewelry's Inventory-to-Revenue for the fiscal year that ended in Dec. 2018 is calculated as

Inventory-to-Revenue (A: Dec. 2018 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Revenue (A: Dec. 2018 )
=( (135.043 + 127.035) / 2 ) / 2475.666
=131.039 / 2475.666
=0.05

Kingold Jewelry's Inventory-to-Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue (Q: Sep. 2019 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Sep. 2019 )) / count ) / Revenue (Q: Sep. 2019 )
=( (262.764 + 268.214) / 2 ) / 382.79
=265.489 / 382.79
=0.69

* 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.


Kingold Jewelry  (GREY:KGJI) 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.

Kingold Jewelry's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2019 )/Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=265.489/367.618*365 / 4
=65.90

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

Kingold Jewelry's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2019 ) / Average Total Inventories (Q: Sep. 2019 )
=367.618 / 265.489
=1.38

* 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.


Kingold Jewelry Inventory-to-Revenue Related Terms

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Kingold Jewelry (Kingold Jewelry) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Han Huang Road, Jiang'an District, Hubei Province, 15 Huangpu Science & Technology Park, Wuhan, CHN, 430023
Kingold Jewelry Inc designs and manufactures 24-karat gold jewelry and Chinese ornaments. The company along with its subsidiaries develops markets and sells products including gold necklaces, rings, earrings, bracelets, and pendants to the jewelry market in China. The company also sells gold bars and coins and other products through various banks in China. It derives most of its revenues from the sales of 24-karat jewelry and Chinese ornaments and from design and processing fees.
Executives
H. David Sherman director 38 HOMEWOOD ROAD, NEWTON MA 02468
Bin Liu officer: CHIEF FINANCIAL OFFICER 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005

Kingold Jewelry (Kingold Jewelry) Headlines

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