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Zhuhai Pilot Technology Co (BJSE:831175) Inventory-to-Revenue : 0.70 (As of Dec. 2024)


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What is Zhuhai Pilot Technology 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. Zhuhai Pilot Technology Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ¥165.6 Mil. Zhuhai Pilot Technology Co's Revenue for the three months ended in Dec. 2024 was ¥236.5 Mil. Zhuhai Pilot Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.70.

Zhuhai Pilot Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Sep. 2024 (1.19) to Sep. 2024 (0.70)

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. Zhuhai Pilot Technology Co's Days Inventory for the three months ended in Dec. 2024 was 100.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhuhai Pilot Technology Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.90.


Zhuhai Pilot Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Zhuhai Pilot Technology 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.

Zhuhai Pilot Technology Co Inventory-to-Revenue Chart

Zhuhai Pilot Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.28 0.28 0.27 0.27

Zhuhai Pilot Technology Co Quarterly Data
Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.63 2.10 1.31 1.19 0.70

Competitive Comparison of Zhuhai Pilot Technology Co's Inventory-to-Revenue

For the Electronic Components subindustry, Zhuhai Pilot Technology 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.


Zhuhai Pilot Technology Co's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhuhai Pilot Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Zhuhai Pilot Technology Co's Inventory-to-Revenue falls into.


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Zhuhai Pilot Technology 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.

Zhuhai Pilot Technology Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (150.096 + 160.644) / 2 ) / 582.349
=155.37 / 582.349
=0.27

Zhuhai Pilot Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (170.652 + 160.644) / 2 ) / 236.49
=165.648 / 236.49
=0.70

* 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.


Zhuhai Pilot Technology Co  (BJSE:831175) 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.

Zhuhai Pilot Technology Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=165.648/149.833*365 / 4
=100.88

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

Zhuhai Pilot Technology Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=149.833 / 165.648
=0.90

* 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.


Zhuhai Pilot Technology Co Inventory-to-Revenue Related Terms

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Zhuhai Pilot Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Coast Science and Technology 6th Road, Floors 1 to 3, Building 1, High-tech Zone, Guangdong, Zhuhai, CHN, 519000
Zhuhai Pilot Technology Co Ltd Provides energy Internet of Things products and energy digital solutions to power user-side customers such as large buildings, data centers, finance, hospitals, transportation hubs, and industrial parks. Its main products include intelligent power measurement and control protection, energy and key equipment IoT management and control platform, smart energy dual-carbon integrated management platform, electric Car charging equipment and system platforms form a safe, economical, and low-carbon digital energy service system based on data and algorithms.

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