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M-Grass Ecology And Environment (Group) Co (SZSE:300355) Inventory-to-Revenue : 2.00 (As of Mar. 2024)


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What is M-Grass Ecology And Environment (Group) 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. M-Grass Ecology And Environment (Group) Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥327 Mil. M-Grass Ecology And Environment (Group) Co's Revenue for the three months ended in Mar. 2024 was ¥163 Mil. M-Grass Ecology And Environment (Group) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.00.

M-Grass Ecology And Environment (Group) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.40) to Dec. 2023 (2.00)

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. M-Grass Ecology And Environment (Group) Co's Days Inventory for the three months ended in Mar. 2024 was 222.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. M-Grass Ecology And Environment (Group) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.41.


M-Grass Ecology And Environment (Group) Co Inventory-to-Revenue Historical Data

The historical data trend for M-Grass Ecology And Environment (Group) 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.

M-Grass Ecology And Environment (Group) Co Inventory-to-Revenue Chart

M-Grass Ecology And Environment (Group) 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 0.18 0.08 0.05 0.09 0.14

M-Grass Ecology And Environment (Group) 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 0.75 0.51 0.46 0.40 2.00

Competitive Comparison of M-Grass Ecology And Environment (Group) Co's Inventory-to-Revenue

For the Engineering & Construction subindustry, M-Grass Ecology And Environment (Group) 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.


M-Grass Ecology And Environment (Group) Co's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, M-Grass Ecology And Environment (Group) Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where M-Grass Ecology And Environment (Group) Co's Inventory-to-Revenue falls into.



M-Grass Ecology And Environment (Group) 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.

M-Grass Ecology And Environment (Group) 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 )
=( (224.359 + 315.023) / 2 ) / 1894.149
=269.691 / 1894.149
=0.14

M-Grass Ecology And Environment (Group) 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 )
=( (315.023 + 338.272) / 2 ) / 163.122
=326.6475 / 163.122
=2.00

* 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.


M-Grass Ecology And Environment (Group) Co  (SZSE:300355) 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.

M-Grass Ecology And Environment (Group) 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
=326.6475/133.956*365 / 4
=222.51

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

M-Grass Ecology And Environment (Group) 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 )
=133.956 / 326.6475
=0.41

* 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.


M-Grass Ecology And Environment (Group) Co Inventory-to-Revenue Related Terms

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M-Grass Ecology And Environment (Group) Co (SZSE:300355) Business Description

Traded in Other Exchanges
N/A
Address
No. 71 West Yindu building B block 3 layer, Inner Mongolia City College of Hohhot, Huhehot, CHN
M-Grass Ecology And Environment (Group) Co Ltd, formerly Inner Mongolia M-Grass Ecology and Environment (Group) Co Ltd is an ecological restoration company. It provides services to industry in ecological restoration, water gardens, eco-ranch, pasture seed industry, and modern grass industry. Geographically operates through China.
Executives
Wang Zhao Ming Director
Jiao Guo Shan Director
Xu Yong Li Director
Wang Yuan Yuan Executives
Wang Jian Jun Executives
Zhang Zhen Hua Independent director
Li Jin Xia Independent director
Xing Wen Rui Directors, executives
Huang Fu Sheng Executives
Guo Li Xia Supervisors
Sun Xian Hong Director
Zhao Yan Director
Hao Yan Tao Supervisors
Yang Yong Sheng Supervisors

M-Grass Ecology And Environment (Group) Co (SZSE:300355) Headlines

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