/term/inventory-to-revenue/SHSE:600409 Tangshannyou Chemical Industries Co (SHSE:600409) Inventory
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Tangshannyou Chemical Industries Co (SHSE:600409) Inventory-to-Revenue : 0.30 (As of Mar. 2024)


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What is Tangshannyou Chemical Industries 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. Tangshannyou Chemical Industries Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,558 Mil. Tangshannyou Chemical Industries Co's Revenue for the three months ended in Mar. 2024 was ¥5,216 Mil. Tangshannyou Chemical Industries Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.30.

Tangshannyou Chemical Industries Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.26) to Dec. 2023 (0.30)

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. Tangshannyou Chemical Industries Co's Days Inventory for the three months ended in Mar. 2024 was 33.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tangshannyou Chemical Industries Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.76.

Tangshannyou Chemical Industries Co Inventory-to-Revenue Historical Data

The historical data trend for Tangshannyou Chemical Industries 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.

* Premium members only.

Tangshannyou Chemical Industries Co Inventory-to-Revenue Chart

Tangshannyou Chemical Industries Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.08 0.08 0.07

Tangshannyou Chemical Industries Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only 0.31 0.29 0.28 0.26 0.30

Competitive Comparison of Tangshannyou Chemical Industries Co's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Tangshannyou Chemical Industries 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.

Tangshannyou Chemical Industries Co's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tangshannyou Chemical Industries Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tangshannyou Chemical Industries Co's Inventory-to-Revenue falls into.


Tangshannyou Chemical Industries 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.

Tangshannyou Chemical Industries Co'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 )
=( (1659.004 + 1444.929) / 2 ) / 21920.092
=1551.9665 / 21920.092
=0.07

Tangshannyou Chemical Industries Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (1444.929 + 1670.112) / 2 ) / 5215.909
=1557.5205 / 5215.909
=0.30

* 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.

Tangshannyou Chemical Industries Co  (SHSE:600409) 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.

Tangshannyou Chemical Industries Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1557.5205/4296.429*365 / 4
=33.08

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

Tangshannyou Chemical Industries Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=4296.429 / 1557.5205
=2.76

* 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.

Tangshannyou Chemical Industries Co Inventory-to-Revenue Related Terms

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Tangshannyou Chemical Industries Co (SHSE:600409) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tangshan Sanyou Chemical Industries Co Ltd (SHSE:600409) » Definitions » Inventory-to-Revenue
Comparable Companies
SHSE:601718 SZSE:000930 SZSE:002053 SZSE:300741 SZSE:002497 SZSE:300446 SZSE:301090 SZSE:002010 SZSE:300811 SHSE:688548 LIN XPAR:AI SHW ECL APD XSWX:SIKA ISX:TPIA XSWX:GIVN SHSE:600309 DD
Traded in Other Exchanges
N/A
Address
Nanbao Development Zone, Tangshan, Hebei, CHN, 063305
Website
http://www.sanyou-chem.com.cn
Tangshan Sanyou Chemical Industries Co Ltd is principally engaged in the production and sale of chemical products. Sanyou's technical process includes squeezing and pressing method, solid phase, and liquid phase. The company offers dense and light soda ash, hydration dense and extrusion dense soda ash, normal, low salt, super-low salt, and special low soda ash, industrial soda ash, food additive soda ash, viscose fiber, PVC and caustic soda products. In addition, the company offers salt products comprising industry salt, refined powder salt, industrial washing brine and magnesium chloride.

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