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Summit Networks (Summit Networks) Inventory-to-Revenue : 0.00 (As of Mar. 2024)


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What is Summit Networks 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. Summit Networks's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil. Summit Networks's Revenue for the three months ended in Mar. 2024 was $0.00 Mil.

Summit Networks's Inventory-to-Revenue for the quarter that ended in Mar. 2024 stayed the same from Dec. 2023 (0.00) to Dec. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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


Summit Networks Inventory-to-Revenue Historical Data

The historical data trend for Summit Networks'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.

Summit Networks Inventory-to-Revenue Chart

Summit Networks Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Sep21 Sep22 Sep23
Inventory-to-Revenue
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Summit Networks Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Summit Networks's Inventory-to-Revenue

For the Furnishings, Fixtures & Appliances subindustry, Summit Networks'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.


Summit Networks's Inventory-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Summit Networks's Inventory-to-Revenue distribution charts can be found below:

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



Summit Networks 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.

Summit Networks's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (A: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )
=( (0 + 0) / 1 ) / 0
=0 / 0
=N/A

Summit Networks'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 + 0) / 1 ) / 0
=0 / 0
=

* 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.


Summit Networks  (OTCPK:SNTW) 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.

Summit Networks'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
=0/0*365 / 4
=

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

Summit Networks'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 )
=0 / 0
=

* 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.


Summit Networks Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Summit Networks's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Summit Networks (Summit Networks) Business Description

Traded in Other Exchanges
N/A
Address
3010-8888 Odlin Cresent, Richmond, BC, CAN, V6X 3Z8
Summit Networks Inc was engaged in the development and operation of a business engaged in the distribution of glass craft products produced in China. It is looking for new business opportunities. Currently, The company is in the early stage of development of Its new business plan which involves acting as an international agent through Their wholly-owned subsidiaries, Smith Barney, Green Energy, and Beijing ALW.
Executives
Chi Ming Tso 10 percent owner 3A, KINGSWELL COMMERCIAL TOWER,, 171-173 LOCKHART RD., WANCHAI, HONG KONG K3 HKG
Keun Harry Cheung 10 percent owner ROOM 1006, 10/F TIAN GARDEN, LIN HE EAST, GUANGDONG F4 00000
Hang Dennis Cheung 10 percent owner FLAT H, 5/F, BLOCK 2, WHAMPOA GARDEN, BAUHINIA MANSIONS, KOWLOON K3 00000
Yee Man Cheung 10 percent owner RM 1709, NORTH TOWER, ZHONGZHOU CENTRE, 1068 EAST XINGANG AVENUE,HAIZHU DISTRICT, GUANGDONG PROVINCE F4 00000
Qiuli Chen director 1709 NORTH TOWER ZHONGZHOU CENTRE, 1068 EAST ROAD HAIZU DISTRICT, GUANGZHOU, GUANGDONG F4 00000
Riggs Cheung director, officer: President 41 BOBOLINK LANE, LEVITTOWN NY 11756

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