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Rubber Leaf (Rubber Leaf) Inventory-to-Revenue : 0.25 (As of Mar. 2024)


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What is Rubber Leaf 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. Rubber Leaf's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.75 Mil. Rubber Leaf's Revenue for the three months ended in Mar. 2024 was $2.96 Mil. Rubber Leaf's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.25.

Rubber Leaf's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.32) to Dec. 2023 (0.25)

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. Rubber Leaf's Days Inventory for the three months ended in Mar. 2024 was 21.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rubber Leaf's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.20.


Rubber Leaf Inventory-to-Revenue Historical Data

The historical data trend for Rubber Leaf'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.

Rubber Leaf Inventory-to-Revenue Chart

Rubber Leaf Annual Data
Trend Dec21 Dec22 Dec23
Inventory-to-Revenue
0.03 0.09 0.11

Rubber Leaf Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.64 0.75 0.92 0.32 0.25

Competitive Comparison of Rubber Leaf's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Rubber Leaf'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.


Rubber Leaf's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rubber Leaf's Inventory-to-Revenue distribution charts can be found below:

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



Rubber Leaf 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.

Rubber Leaf's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (1.338 + 0.761) / 2 ) / 9.99
=1.0495 / 9.99
=0.11

Rubber Leaf's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (0.761 + 0.741) / 2 ) / 2.955
=0.751 / 2.955
=0.25

* 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.


Rubber Leaf  (OTCPK:RLEA) 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.

Rubber Leaf's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0.751/3.152*365 / 4
=21.74

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

Rubber Leaf's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=3.152 / 0.751
=4.20

* 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.


Rubber Leaf Inventory-to-Revenue Related Terms

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Rubber Leaf (Rubber Leaf) Business Description

Traded in Other Exchanges
N/A
Address
Qixing Road, Weng’ao Industrial Zone, Chunhu Subdistrict, Fenghua District Ningbo, Zhejiang, CHN
Rubber Leaf Inc engages in the production and sales of synthetic rubber, rubber compound, car window seals, and auto parts. It derives revenue primarily through the sale of synthetic rubber, rubber compound, car window seals, and auto parts with two sales channels. The company managed and reviewed its business as two operating segments: direct supply and indirect supply models.
Executives
Hua Wang director, officer: CFO 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Xingxiu Hua director, 10 percent owner, officer: President 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Yongjun Hua director 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701

Rubber Leaf (Rubber Leaf) Headlines