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Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Inventory-to-Revenue : 0.30 (As of Dec. 2023)


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What is Nine Dragons Paper (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. Nine Dragons Paper (Holdings)'s Average Total Inventories for the quarter that ended in Dec. 2023 was $1,277 Mil. Nine Dragons Paper (Holdings)'s Revenue for the six months ended in Dec. 2023 was $4,287 Mil. Nine Dragons Paper (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.

Nine Dragons Paper (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.37) to Jun. 2023 (0.30)

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. Nine Dragons Paper (Holdings)'s Days Inventory for the six months ended in Dec. 2023 was 59.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nine Dragons Paper (Holdings)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 3.06.


Nine Dragons Paper (Holdings) Inventory-to-Revenue Historical Data

The historical data trend for Nine Dragons Paper (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.

* Premium members only.

Nine Dragons Paper (Holdings) Inventory-to-Revenue Chart

Nine Dragons Paper (Holdings) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.11 0.16 0.19

Nine Dragons Paper (Holdings) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.27 0.39 0.36 0.37 0.30

Competitive Comparison of Nine Dragons Paper (Holdings)'s Inventory-to-Revenue

For the Paper & Paper Products subindustry, Nine Dragons Paper (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.


Nine Dragons Paper (Holdings)'s Inventory-to-Revenue Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nine Dragons Paper (Holdings)'s Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nine Dragons Paper (Holdings)'s Inventory-to-Revenue falls into.



Nine Dragons Paper (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.

Nine Dragons Paper (Holdings)'s Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (1817.735 + 1236.584) / 2 ) / 7922.954
=1527.1595 / 7922.954
=0.19

Nine Dragons Paper (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (1236.584 + 1318.013) / 2 ) / 4287.167
=1277.2985 / 4287.167
=0.30

* 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.


Nine Dragons Paper (Holdings)  (OTCPK:NDGPY) 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.

Nine Dragons Paper (Holdings)'s Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=1277.2985/3908.238*365 / 2
=59.65

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

Nine Dragons Paper (Holdings)'s Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=3908.238 / 1277.2985
=3.06

* 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.


Nine Dragons Paper (Holdings) Inventory-to-Revenue Related Terms

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Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Business Description

Traded in Other Exchanges
Address
No.12, Xincheng Road, Songshan Lake High-Tech Industrial Development Zone, Guangdong Province, Dongguan, CHN
Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company predominantly produces liner board, corrugating medium, and coated duplex boards. In addition to packaging paperboard, the Group is also engaged in the production of printing and writing a paper in Dongguan and Taicang and the development of packaging paperboard and specialty paper production in Leshan, Sichuan Province. Substantial part of the company's revenues are generated from the sale of packaging paper and the rest from sales of printing and writing paper, high-value specialty paper products, and Pulp.

Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Headlines