What is Changyuan Technology Group 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. Changyuan Technology Group's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥2,719 Mil. Changyuan Technology Group's Revenue for the
three
months ended in Mar. 2024 was ¥1,649 Mil.
Changyuan Technology Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.65.
Changyuan Technology Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (1.06) to Dec. 2023 (1.65)
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.
Changyuan Technology Group's Days Inventory for the
three
months ended in Mar. 2024 was 239.35.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Changyuan Technology Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.
Changyuan Technology Group 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.
* Premium members only.
Changyuan Technology Group Inventory-to-Revenue Chart
Competitive Comparison of Changyuan Technology Group's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Changyuan Technology Group'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.
Changyuan Technology Group's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Changyuan Technology Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Changyuan Technology Group's Inventory-to-Revenue falls into.
Changyuan Technology Group 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.
Changyuan Technology Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 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.
Changyuan Technology Group (SHSE:600525) 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.
Changyuan Technology Group's Days Inventory for the
three
months ended in Mar. 2024 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.
Changyuan Technology Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Changyuan Technology Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Changyuan Technology Group (SHSE:600525) Business Description
Changyuan Group Ltd specializes in the research, development, and manufacturing of intelligent digitalization of industrial and power systems. The company has two product series namely, test systems and automation equipment, providing comprehensive solutions for the electronics, automotive, medical, new energy, clothing, lighting and other industries. The product portfolio includes power grid protection and automation, smart primary equipment, composite insulator, chip packaging equipment solutions, clothing intelligent equipment, and other products.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHSE:600525 has been successfully added to your 