What is Zhuhai Zhongfu Enterprise 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. Zhuhai Zhongfu Enterprise Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥97 Mil. Zhuhai Zhongfu Enterprise Co's Revenue for the
three
months ended in Mar. 2024 was ¥236 Mil.
Zhuhai Zhongfu Enterprise Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.41.
Zhuhai Zhongfu Enterprise Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.57) to Dec. 2023 (0.41)
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.
Zhuhai Zhongfu Enterprise Co's Days Inventory for the
three
months ended in Mar. 2024 was 44.51.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhuhai Zhongfu Enterprise Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.05.
Zhuhai Zhongfu Enterprise 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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Zhuhai Zhongfu Enterprise Co Inventory-to-Revenue Chart
Competitive Comparison of Zhuhai Zhongfu Enterprise Co's Inventory-to-Revenue
For the Packaging & Containers subindustry, Zhuhai Zhongfu Enterprise 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.
Zhuhai Zhongfu Enterprise Co's Inventory-to-Revenue Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Zhuhai Zhongfu Enterprise Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Zhuhai Zhongfu Enterprise Co's Inventory-to-Revenue falls into.
Zhuhai Zhongfu Enterprise 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.
Zhuhai Zhongfu Enterprise Co'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.
Zhuhai Zhongfu Enterprise Co (SZSE:000659) 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.
Zhuhai Zhongfu Enterprise 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.
Zhuhai Zhongfu Enterprise Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Zhuhai Zhongfu Enterprise Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhuhai Zhongfu Enterprise Co (SZSE:000659) Business Description
Zhuhai Zhongfu Enterprise Co Ltd operates in China's beverage packaging industry. It is engaged in the business of producing bottles in China. The company's product portfolio includes carbonated soft drinks, PET bottles for drinking water and beer packaging, PET preforms, PVC/OPP labels, heat shrinkable plastic films, caps, cartons, and OEM services.
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