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Jingbo Technology (Jingbo Technology) Inventory-to-Revenue : 0.54 (As of Nov. 2023)


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What is Jingbo Technology 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. Jingbo Technology's Average Total Inventories for the quarter that ended in Nov. 2023 was $0.21 Mil. Jingbo Technology's Revenue for the three months ended in Nov. 2023 was $0.39 Mil. Jingbo Technology's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.54.

Jingbo Technology's Inventory-to-Revenue for the quarter that ended in Nov. 2023 increased from Aug. 2023 (0.48) to Aug. 2023 (0.54)

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. Jingbo Technology's Days Inventory for the three months ended in Nov. 2023 was 36.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jingbo Technology's Inventory Turnover for the quarter that ended in Nov. 2023 was 2.52.


Jingbo Technology Inventory-to-Revenue Historical Data

The historical data trend for Jingbo Technology'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.

Jingbo Technology Inventory-to-Revenue Chart

Jingbo Technology Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only - - - 0.02 0.03

Jingbo Technology Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.13 0.13 0.48 0.54

Competitive Comparison of Jingbo Technology's Inventory-to-Revenue

For the Software - Application subindustry, Jingbo Technology'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.


Jingbo Technology's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Jingbo Technology's Inventory-to-Revenue distribution charts can be found below:

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



Jingbo Technology 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.

Jingbo Technology's Inventory-to-Revenue for the fiscal year that ended in May. 2023 is calculated as

Inventory-to-Revenue (A: May. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Revenue (A: May. 2023 )
=( (0.079 + 0.177) / 2 ) / 3.723
=0.128 / 3.723
=0.03

Jingbo Technology's Inventory-to-Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue (Q: Nov. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Revenue (Q: Nov. 2023 )
=( (0.208 + 0.207) / 2 ) / 0.387
=0.2075 / 0.387
=0.54

* 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.


Jingbo Technology  (OTCPK:SVMB) 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.

Jingbo Technology's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=0.2075/0.523*365 / 4
=36.20

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

Jingbo Technology's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2023 ) / Average Total Inventories (Q: Nov. 2023 )
=0.523 / 0.2075
=2.52

* 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.


Jingbo Technology Inventory-to-Revenue Related Terms

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Jingbo Technology (Jingbo Technology) Business Description

Traded in Other Exchanges
N/A
Address
Yinhu Street, Building B8, China Zhigu, Fuyang District, Hangzhou, Zhejiang, CHN
Website
SavMobi Technology Inc is a china based company engaged in the provision of commercial mobile technical support services.

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