What is Beijing Leadman Biochemistry 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. Beijing Leadman Biochemistry Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥86.7 Mil. Beijing Leadman Biochemistry Co's Revenue for the
three
months ended in Mar. 2024 was ¥94.6 Mil.
Beijing Leadman Biochemistry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.92.
Beijing Leadman Biochemistry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.75) to Dec. 2023 (0.92)
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.
Beijing Leadman Biochemistry Co's Days Inventory for the
three
months ended in Mar. 2024 was 179.04.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Beijing Leadman Biochemistry Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.51.
Beijing Leadman Biochemistry 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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Beijing Leadman Biochemistry Co Inventory-to-Revenue Chart
Competitive Comparison of Beijing Leadman Biochemistry Co's Inventory-to-Revenue
For the Medical Devices subindustry, Beijing Leadman Biochemistry 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.
Beijing Leadman Biochemistry Co's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Beijing Leadman Biochemistry Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Beijing Leadman Biochemistry Co's Inventory-to-Revenue falls into.
Beijing Leadman Biochemistry 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.
Beijing Leadman Biochemistry Co (SZSE:300289) 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.
Beijing Leadman Biochemistry 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.
Beijing Leadman Biochemistry Co Inventory-to-Revenue Related Terms
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Beijing Leadman Biochemistry Co (SZSE:300289) Business Description
Beijing Leadman Biochemistry Co Ltd is a biotechnology company based in China. The company is focusing on research and development, manufacture, and sales of in vitro diagnostic (IVD) products. The company has core competencies in biochemistry, in vitro diagnostic reagents and instruments. Its product offering includes biochemical raw materials such as enzymes, coenzymes, antibodies, buffers, and enzyme substrates; biochemistry diagnostic and companion reagents; and medical test instruments.
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