What is Zhaojin Mining Industry 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. Zhaojin Mining Industry Co's Average Total Inventories for the quarter that ended in Dec. 2023 was €669 Mil. Zhaojin Mining Industry Co's Revenue for the
six
months ended in Dec. 2023 was €639 Mil.
Zhaojin Mining Industry Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.05.
Zhaojin Mining Industry Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (1.47) to Jun. 2023 (1.05)
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.
Zhaojin Mining Industry Co's Days Inventory for the
six
months ended in Dec. 2023 was 322.15.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhaojin Mining Industry Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.57.
Zhaojin Mining Industry 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.
* Premium members only.
Zhaojin Mining Industry Co Inventory-to-Revenue Chart
Competitive Comparison of Zhaojin Mining Industry Co's Inventory-to-Revenue
For the Gold subindustry, Zhaojin Mining Industry 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.
Zhaojin Mining Industry Co's Inventory-to-Revenue Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zhaojin Mining Industry Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Zhaojin Mining Industry Co's Inventory-to-Revenue falls into.
Zhaojin Mining Industry 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.
Zhaojin Mining Industry Co's Inventory-to-Revenue for the fiscal year that 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.
Zhaojin Mining Industry Co (FRA:ZVL) 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.
Zhaojin Mining Industry Co's Days Inventory for the
six
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.
Zhaojin Mining Industry Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Zhaojin Mining Industry Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhaojin Mining Industry Co (FRA:ZVL) Business Description
Zhaojin Mining Industry Co Ltd is engaged in the mining, processing, smelting, and sale of gold and silver products. The exploration, mining, ore processing, smelting, and sale of gold and other metallic products, is a large integrated mining enterprise specializing in the production of gold. It produces two kinds of gold products, Au9999 and Au9995 gold bullions under the brand Zhaojin. It has three reportable operating segments, the gold operations segment consists of gold mining and smelting operations; the copper operations segment consists of copper mining and smelting operations; the others segment comprises other investment activities, operation of a finance company, operation and catering services of a hotel, exploration services and engineering design and consulting services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:ZVL has been successfully added to your 