GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Smart Share Global Ltd (NAS:EM) » Definitions » Inventory-to-Revenue

EM (Smart Share Global) Inventory-to-Revenue : 0.31 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Smart Share Global 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. Smart Share Global's Average Total Inventories for the quarter that ended in Jun. 2024 was $19.7 Mil. Smart Share Global's Revenue for the three months ended in Jun. 2024 was $63.8 Mil. Smart Share Global's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.31.

Smart Share Global's Inventory-to-Revenue for the quarter that ended in Jun. 2024 increased from Mar. 2024 (0.30) to Mar. 2024 (0.31)

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. Smart Share Global's Days Inventory for the three months ended in Jun. 2024 was 59.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart Share Global's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.53.


Smart Share Global Inventory-to-Revenue Historical Data

The historical data trend for Smart Share Global'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.

Smart Share Global Inventory-to-Revenue Chart

Smart Share Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- - - - 0.02

Smart Share Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.06 0.19 0.21 0.30 0.31

Competitive Comparison of Smart Share Global's Inventory-to-Revenue

For the Personal Services subindustry, Smart Share Global'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.


Smart Share Global's Inventory-to-Revenue Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Smart Share Global's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Smart Share Global's Inventory-to-Revenue falls into.



Smart Share Global 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.

Smart Share Global'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 )
=( (0.151 + 14.92) / 2 ) / 414.365
=7.5355 / 414.365
=0.02

Smart Share Global's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (18.005 + 21.468) / 2 ) / 63.81
=19.7365 / 63.81
=0.31

* 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.


Smart Share Global  (NAS:EM) 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.

Smart Share Global's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=19.7365/30.27*365 / 4
=59.50

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

Smart Share Global's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=30.27 / 19.7365
=1.53

* 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.


Smart Share Global Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Smart Share Global's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Smart Share Global Business Description

Traded in Other Exchanges
N/A
Address
799 Tianshan W Road, 6th Floor, Changning District, Shanghai, CHN, 200335
Smart Share Global Ltd is a consumer tech company providing mobile device charging service through an extensive online and offline network in China. It provides service through power banks, placed in POIs operated by location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. Through the mini-programs, users rent the power banks to carry with them when use the service and can return the power banks at any of the POIs, enabled by the expansive network and powerful technologies.