Biosino Bio-Technology and Science (HKSE:08247) Inventory-to-Revenue : 0.77 (As of Dec. 2023)

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What is Biosino Bio-Technology and Science 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. Biosino Bio-Technology and Science's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$66.1 Mil. Biosino Bio-Technology and Science's Revenue for the three months ended in Dec. 2023 was HK$85.9 Mil. Biosino Bio-Technology and Science's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.77.

Biosino Bio-Technology and Science's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.93) to Sep. 2023 (0.77)

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. Biosino Bio-Technology and Science's Days Inventory for the three months ended in Dec. 2023 was 103.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Biosino Bio-Technology and Science's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.88.

Biosino Bio-Technology and Science Inventory-to-Revenue Historical Data

The historical data trend for Biosino Bio-Technology and Science'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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Biosino Bio-Technology and Science Inventory-to-Revenue Chart

Biosino Bio-Technology and Science Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.15

0.18

0.16

0.20

Biosino Bio-Technology and Science Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.57	0.77	0.96	0.93	0.77

Competitive Comparison of Biosino Bio-Technology and Science's Inventory-to-Revenue

For the Diagnostics & Research subindustry, Biosino Bio-Technology and Science'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.

Biosino Bio-Technology and Science's Inventory-to-Revenue Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Biosino Bio-Technology and Science's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Biosino Bio-Technology and Science's Inventory-to-Revenue falls into.

Biosino Bio-Technology and Science Inventory-to-Revenue Calculation

Biosino Bio-Technology and Science'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 )
=	( (61.962	+	66.075)	/	2 )	/	316.182
=	64.0185					/	316.182
=	0.20

Biosino Bio-Technology and Science's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (0	+	66.075)	/	1 )	/	85.871
=	66.075					/	85.871
=	0.77

Biosino Bio-Technology and Science (HKSE:08247) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Biosino Bio-Technology and Science's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	66.075	/	58.01	*	365 / 4
	=	103.94

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

Biosino Bio-Technology and Science's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	58.01	/	66.075
	=	0.88

Biosino Bio-Technology and Science Inventory-to-Revenue Related Terms

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Biosino Bio-Technology and Science (HKSE:08247) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Biosino Bio-Technology and Science Inc (HKSE:08247) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27 Chaoqian Road, Science and Technology Industrial Park, Changping District, Beijing, CHN, 102200

Website

http://www.zhongsheng.com.cn

Biosino Bio-Technology and Science Inc is engaged in the manufacture, sale, and distribution of in-vitro diagnostic (IVD) reagent products. the company's revenue is generated from customers located in Mainland China.

Executives

Beijing Enterprises Group Company Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited	2101 Beneficial owner
Hk Zhixin Investment Co., Ltd.	2101 Beneficial owner
Li Dongfeng	2201 Interest of corporation controlled by you
Yan Kang	2201 Interest of corporation controlled by you
Qiu Zhe Feng	2201 Interest of corporation controlled by you
Hai Nan Zhi Xin Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Yun Nan Sheng Neng Tou Zi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Li Yang Yi Xiong	2201 Interest of corporation controlled by you

Biosino Bio-Technology and Science (HKSE:08247) Headlines

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