What is Cheetah Net Supply Chain Service 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. Cheetah Net Supply Chain Service's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.86 Mil. Cheetah Net Supply Chain Service's Revenue for the
three
months ended in Mar. 2024 was $1.51 Mil.
Cheetah Net Supply Chain Service's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.57.
Cheetah Net Supply Chain Service's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.59) to Dec. 2023 (0.57)
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.
Cheetah Net Supply Chain Service's Days Inventory for the
three
months ended in Mar. 2024 was 52.76.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cheetah Net Supply Chain Service's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.73.
Cheetah Net Supply Chain Service 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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Cheetah Net Supply Chain Service Inventory-to-Revenue Chart
Competitive Comparison of Cheetah Net Supply Chain Service's Inventory-to-Revenue
For the Auto & Truck Dealerships subindustry, Cheetah Net Supply Chain Service'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.
Cheetah Net Supply Chain Service's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Cheetah Net Supply Chain Service's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Cheetah Net Supply Chain Service's Inventory-to-Revenue falls into.
Cheetah Net Supply Chain Service 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.
Cheetah Net Supply Chain Service (NAS:CTNT) 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.
Cheetah Net Supply Chain Service'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.
Cheetah Net Supply Chain Service Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Cheetah Net Supply Chain Service's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Cheetah Net Supply Chain Service (Cheetah Net Supply Chain Service) Business Description
6201 Fairview Road, Suite 225, Charlotte, NC, USA, 28210
Website
Cheetah Net Supply Chain Service Inc is a supplier of parallel-import vehicles sourced in the U.S. to be sold in the China market. The parallel-import vehicles refer to those purchased by dealers directly from overseas markets and imported for sale through channels other than brand manufacturers' official distribution systems. The company purchases automobiles, primarily luxury brands such as Mercedes, BMW, Porsche, Lexus, and Bentley, from the U.S. market and resell them to customers, including both U.S. and PRC parallel-import car dealers. It derive profits primarily from the price difference between our buying and selling prices for parallel-import vehicles.
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