What is Zhangjiagang Guangda Special Material 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. Zhangjiagang Guangda Special Material Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥2,018 Mil. Zhangjiagang Guangda Special Material Co's Revenue for the
three
months ended in Mar. 2024 was ¥892 Mil.
Zhangjiagang Guangda Special Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.26.
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.
Zhangjiagang Guangda Special Material Co's Days Inventory for the
three
months ended in Mar. 2024 was 237.36.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhangjiagang Guangda Special Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.
Zhangjiagang Guangda Special Material 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.
* Premium members only.
Zhangjiagang Guangda Special Material Co Inventory-to-Revenue Chart
Zhangjiagang Guangda Special Material Co Annual Data
Competitive Comparison of Zhangjiagang Guangda Special Material Co's Inventory-to-Revenue
For the Steel subindustry, Zhangjiagang Guangda Special Material 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.
Zhangjiagang Guangda Special Material Co's Inventory-to-Revenue Distribution in the Steel Industry
* The bar in red indicates where Zhangjiagang Guangda Special Material Co's Inventory-to-Revenue falls into.
Zhangjiagang Guangda Special Material 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.
Zhangjiagang Guangda Special Material Co (SHSE:688186) 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.
Zhangjiagang Guangda Special Material 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.
Zhangjiagang Guangda Special Material Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Zhangjiagang Guangda Special Material Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhangjiagang Guangda Special Material Co (SHSE:688186) Business Description
Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.
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