What is Cosco Shipping Development 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. Cosco Shipping Development Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $270 Mil. Cosco Shipping Development Co's Revenue for the
three
months ended in Dec. 2023 was $717 Mil.
Cosco Shipping Development Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.
Cosco Shipping Development Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.51) to Sep. 2023 (0.38)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cosco Shipping Development Co's Days Inventory for the
three
months ended in Dec. 2023 was 52.32.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cosco Shipping Development Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.74.
Cosco Shipping Development 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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Cosco Shipping Development Co Inventory-to-Revenue Chart
Competitive Comparison of Cosco Shipping Development Co's Inventory-to-Revenue
For the Aerospace & Defense subindustry, Cosco Shipping Development 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.
Cosco Shipping Development Co's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Cosco Shipping Development Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Cosco Shipping Development Co's Inventory-to-Revenue falls into.
Cosco Shipping Development 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.
Cosco Shipping Development Co (OTCPK:CITAY) 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.
Cosco Shipping Development Co's Days Inventory for the
three
months 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.
Cosco Shipping Development Co Inventory-to-Revenue Related Terms
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Cosco Shipping Development Co (Cosco Shipping Development Co) Business Description
COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.
Cosco Shipping Development Co (Cosco Shipping Development Co) Headlines
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