What is Suzhou Secote Precision Electronic 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. Suzhou Secote Precision Electronic Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,301 Mil. Suzhou Secote Precision Electronic Co's Revenue for the
three
months ended in Mar. 2024 was ¥774 Mil.
Suzhou Secote Precision Electronic Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.68.
Suzhou Secote Precision Electronic Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.77) to Dec. 2023 (1.68)
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.
Suzhou Secote Precision Electronic Co's Days Inventory for the
three
months ended in Mar. 2024 was 281.76.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Suzhou Secote Precision Electronic Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.32.
Suzhou Secote Precision Electronic Co 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.
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Suzhou Secote Precision Electronic Co Inventory-to-Revenue Chart
Competitive Comparison of Suzhou Secote Precision Electronic Co's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Suzhou Secote Precision Electronic 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.
Suzhou Secote Precision Electronic Co's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Suzhou Secote Precision Electronic Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Suzhou Secote Precision Electronic Co's Inventory-to-Revenue falls into.
Suzhou Secote Precision Electronic Co 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.
* 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.
Suzhou Secote Precision Electronic Co (SHSE:603283) 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.
Suzhou Secote Precision Electronic Co'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.
Suzhou Secote Precision Electronic Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Suzhou Secote Precision Electronic Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Suzhou Secote Precision Electronic Co (SHSE:603283) Business Description
Suzhou Secote Precision Electronic Co Ltd is engaged in the provision of automation solutions. Secote offers technical consultancy, feasibility studies, data experimentation, system design, programming, system integration, installation and tuning, and other services. The company also provides measurement and detection equipment and fixtures. Secote's products are widely used in the consumer electronics, automotive, medical, household appliance, apparel and personal care, food service, and cosmetics industries.
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