What is Chongqing Hifuture Information Technology 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. Chongqing Hifuture Information Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥63.1 Mil. Chongqing Hifuture Information Technology Co's Revenue for the
three
months ended in Mar. 2024 was ¥31.2 Mil.
Chongqing Hifuture Information Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.02.
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.
Chongqing Hifuture Information Technology Co's Days Inventory for the
three
months ended in Mar. 2024 was 208.39.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Chongqing Hifuture Information Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.44.
Chongqing Hifuture Information Technology 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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Chongqing Hifuture Information Technology Co Inventory-to-Revenue Chart
Chongqing Hifuture Information Technology Co Annual Data
Competitive Comparison of Chongqing Hifuture Information Technology Co's Inventory-to-Revenue
For the Electrical Equipment & Parts subindustry, Chongqing Hifuture Information Technology 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.
Chongqing Hifuture Information Technology Co's Inventory-to-Revenue Distribution in the Industrial Products Industry
* The bar in red indicates where Chongqing Hifuture Information Technology Co's Inventory-to-Revenue falls into.
Chongqing Hifuture Information Technology 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.
Chongqing Hifuture Information Technology Co (SZSE:002168) 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.
Chongqing Hifuture Information Technology 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.
Chongqing Hifuture Information Technology Co Inventory-to-Revenue Related Terms
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Chongqing Hifuture Information Technology Co (SZSE:002168) Business Description
Shenzhen Hifuture Electric Co Ltd is specialized in the development, production, sales, installation, and distribution of network integrated solutions of electrical equipment. It offers a wide range of products, including medium and low voltage cable connection boxes with totally-enclosed and totally-insulated, cable joint boxes, silicone rubber cable accessories, cable plugs and other silicone rubber insulation products, as well as SMC electrical equipment enclosures.
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