GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shanghai Topcare Medical Services Co Ltd (SHSE:600532) » Definitions » Inventory-to-Revenue

Shanghai Topcare Medical Services Co (SHSE:600532) Inventory-to-Revenue : 0.07 (As of Mar. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Shanghai Topcare Medical Services 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. Shanghai Topcare Medical Services Co's Average Total Inventories for the quarter that ended in Mar. 2023 was ¥0.8 Mil. Shanghai Topcare Medical Services Co's Revenue for the three months ended in Mar. 2023 was ¥12.3 Mil. Shanghai Topcare Medical Services Co's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.07.

Shanghai Topcare Medical Services Co's Inventory-to-Revenue for the quarter that ended in Mar. 2023 increased from Dec. 2022 (0.00) to Dec. 2022 (0.07)

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. Shanghai Topcare Medical Services Co's Days Inventory for the three months ended in Mar. 2023 was 6.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Topcare Medical Services Co's Inventory Turnover for the quarter that ended in Mar. 2023 was 14.74.


Shanghai Topcare Medical Services Co Inventory-to-Revenue Historical Data

The historical data trend for Shanghai Topcare Medical Services 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.

Shanghai Topcare Medical Services Co Inventory-to-Revenue Chart

Shanghai Topcare Medical Services Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 - - -

Shanghai Topcare Medical Services Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.03 0.03 0.09 - 0.07

Competitive Comparison of Shanghai Topcare Medical Services Co's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Shanghai Topcare Medical Services 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.


Shanghai Topcare Medical Services Co's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shanghai Topcare Medical Services Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shanghai Topcare Medical Services Co's Inventory-to-Revenue falls into.



Shanghai Topcare Medical Services 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.

Shanghai Topcare Medical Services Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (0.496 + 0.66) / 2 ) / 165.65
=0.578 / 165.65
=0.00

Shanghai Topcare Medical Services Co's Inventory-to-Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (Q: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Revenue (Q: Mar. 2023 )
=( (0.66 + 0.958) / 2 ) / 12.271
=0.809 / 12.271
=0.07

* 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.


Shanghai Topcare Medical Services Co  (SHSE:600532) 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.

Shanghai Topcare Medical Services Co's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=0.809/11.927*365 / 4
=6.19

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

Shanghai Topcare Medical Services Co's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=11.927 / 0.809
=14.74

* 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.


Shanghai Topcare Medical Services Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Shanghai Topcare Medical Services Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Topcare Medical Services Co (SHSE:600532) Business Description

Traded in Other Exchanges
N/A
Address
488 Yincheng Middle Road, Room 2302, Taiping Financial Building, Pudong New Area, Shanghai, CHN, 200120
Shanghai Topcare Medical Services Co Ltd, formerly Shanghai Hongda Mining Co Ltd and its subsidiaries are engaged in mining and exploration in Shandong Province.
Executives
Cui Zhi Huo Director
Zhu Shi Min senior management

Shanghai Topcare Medical Services Co (SHSE:600532) Headlines

No Headlines