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SF Diamond Co (SZSE:300179) Inventory-to-Revenue : 1.42 (As of Mar. 2024)


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What is SF Diamond 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. SF Diamond Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥186.3 Mil. SF Diamond Co's Revenue for the three months ended in Mar. 2024 was ¥130.9 Mil. SF Diamond Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.42.

SF Diamond Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.36) to Dec. 2023 (1.42)

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. SF Diamond Co's Days Inventory for the three months ended in Mar. 2024 was 270.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. SF Diamond Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.34.


SF Diamond Co Inventory-to-Revenue Historical Data

The historical data trend for SF Diamond Co'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.

SF Diamond Co Inventory-to-Revenue Chart

SF Diamond Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.30 0.20 0.23 0.29

SF Diamond Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.09 1.06 1.36 1.36 1.42

Competitive Comparison of SF Diamond Co's Inventory-to-Revenue

For the Tools & Accessories subindustry, SF Diamond 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.


SF Diamond Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SF Diamond Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where SF Diamond Co's Inventory-to-Revenue falls into.



SF Diamond 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.

SF Diamond Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (145.485 + 170.653) / 2 ) / 542.293
=158.069 / 542.293
=0.29

SF Diamond Co'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 )
=( (170.653 + 201.902) / 2 ) / 130.921
=186.2775 / 130.921
=1.42

* 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.


SF Diamond Co  (SZSE:300179) 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.

SF Diamond Co'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
=186.2775/62.912*365 / 4
=270.18

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

SF Diamond Co'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 )
=62.912 / 186.2775
=0.34

* 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.


SF Diamond Co Inventory-to-Revenue Related Terms

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SF Diamond Co (SZSE:300179) Business Description

Traded in Other Exchanges
N/A
Address
No. 109, 10th Street, Economic & Technological Development Area, Zhengzhou, CHN, 450016
SF Diamond Co Ltd is a China-based company engages in the manufacture of Polycrystalline Diamond (PCD) and related products. Its products include PCD cutters, PCD cutting tool blanks, PCD die blankets for wire drawing, Solid PCBN, Carbided PDBN, and PDC pick.
Executives
Lin Zhi Jun Executives
Shi Jin Bang Executives
Liu Hai Bing Secretary Dong
Gao Hua Directors, executives
Yan Xiao Ping Director
Fang Chun Feng Directors, executives
Fu Xiao Cheng Director
Guo Rong Fu Executives
Fang Xiao Jun Director
Fang Hai Jiang Directors, executives
Song Yan Ling Supervisors
Yang Guo Dong Directors, executives
Zhao Zhi Jun Independent director
Zou Qun Ying Director
Zou Hong Ying Supervisors

SF Diamond Co (SZSE:300179) Headlines

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