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. Qingling Motors Co's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$1,324 Mil. Qingling Motors Co's Revenue for the
six
months ended in Jun. 2024 was HK$2,274 Mil.
Qingling Motors Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.58.
Qingling Motors Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024
declined
from Dec. 2023 (0.79) to Dec. 2023 (0.58)
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.
Qingling Motors Co's Days Inventory for the
six
months ended in Jun. 2024 was 114.24.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Qingling Motors Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.60.
Qingling Motors Co Inventory-to-Revenue Historical Data
The historical data trend for Qingling Motors 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.
Competitive Comparison of Qingling Motors Co's Inventory-to-Revenue
For the Auto Manufacturers subindustry, Qingling Motors 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.
Qingling Motors Co's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Qingling Motors Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Qingling Motors Co's Inventory-to-Revenue falls into.
Qingling Motors 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.
Qingling Motors 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.
Qingling Motors Co (HKSE:01122) 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.
Qingling Motors Co's Days Inventory for the
six
months ended in Jun. 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.
Qingling Motors Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Qingling Motors Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Qingling Motors Co Ltd is a Chinese company which is engaged in the production and sale of Isuzu light, medium, and heavy-duty trucks, pick-up trucks, multi-purpose vehicles, and diesel and petrol engines. It also focuses on the manufacturing and sales of automobile parts and accessories. The company organizes its business into five segments namely Light-duty trucks and chassis; Pickup trucks and chassis; Medium and heavy-duty trucks and chassis; and Automobile parts, accessories, and others. It also focuses on research and development activity for products, materials, mould and processes, and fixtures. The company earns the majority of its revenue from the sale of trucks and vehicles in the People's Republic of China.
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