What is CIMC Vehicles (Group) 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. CIMC Vehicles (Group) Co's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$5,588 Mil. CIMC Vehicles (Group) Co's Revenue for the
three
months ended in Jun. 2024 was HK$5,971 Mil.
CIMC Vehicles (Group) Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.94.
CIMC Vehicles (Group) Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024
declined
from Mar. 2024 (1.01) to Mar. 2024 (0.94)
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.
CIMC Vehicles (Group) Co's Days Inventory for the
three
months ended in Jun. 2024 was 99.97.
Inventory Turnover measures how fast the company turns over its inventory within a year.
CIMC Vehicles (Group) Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.91.
CIMC Vehicles (Group) Co Inventory-to-Revenue Historical Data
The historical data trend for CIMC Vehicles (Group) 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.
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CIMC Vehicles (Group) Co Inventory-to-Revenue Chart
Competitive Comparison of CIMC Vehicles (Group) Co's Inventory-to-Revenue
For the Farm & Heavy Construction Machinery subindustry, CIMC Vehicles (Group) 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.
CIMC Vehicles (Group) Co's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, CIMC Vehicles (Group) Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where CIMC Vehicles (Group) Co's Inventory-to-Revenue falls into.
CIMC Vehicles (Group) 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.
CIMC Vehicles (Group) 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.
CIMC Vehicles (Group) Co (HKSE:01839) 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.
CIMC Vehicles (Group) Co's Days Inventory for the
three
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.
CIMC Vehicles (Group) Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of CIMC Vehicles (Group) Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
CIMC Vehicles (Group) Co Ltd is engaged in the manufacturing and sale of semi-trailers and truck bodies for specialty vehicles. The semi-trailers mainly include the following product lines, Container chassis trailers, Flatbed trailers & relevant derivative types, Curtain-side trailers, Van trailers, Refrigerated trailers, Tank trailers, and other special types of trailers. The truck body products include dump beds for dump trucks, mixers for mixer trucks, and a wide range of other truck bodies for specialty vehicles. Geographically, it operates in China, North America, Europe, and Other regions, out of which the majority is from China.
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