What is Haimo Technologies Group 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. Haimo Technologies Group's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥359.7 Mil. Haimo Technologies Group's Revenue for the
three
months ended in Mar. 2024 was ¥65.5 Mil.
Haimo Technologies Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 5.50.
Haimo Technologies Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (1.04) to Dec. 2023 (5.50)
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.
Haimo Technologies Group's Days Inventory for the
three
months ended in Mar. 2024 was 754.96.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Haimo Technologies Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.12.
Haimo Technologies Group Inventory-to-Revenue Historical Data
The historical data trend for Haimo Technologies Group'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.
Haimo Technologies Group Inventory-to-Revenue Chart
Competitive Comparison of Haimo Technologies Group's Inventory-to-Revenue
For the Oil & Gas Equipment & Services subindustry, Haimo Technologies Group'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.
Haimo Technologies Group's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Haimo Technologies Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Haimo Technologies Group's Inventory-to-Revenue falls into.
Haimo Technologies Group 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.
Haimo Technologies Group'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.
Haimo Technologies Group (SZSE:300084) 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.
Haimo Technologies Group'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.
Haimo Technologies Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Haimo Technologies Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Haimo Technologies Group (SZSE:300084) Business Description
Haimo Technologies Group Corp is engaged in energy production, equipment supply, environmental protection, and data management and production optimization services. The company also offers multi-phase metering services to oil field service companies. The products and services of the company include fracturing equipment and services, environmental protection equipment and services, and integrated production optimization services.
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