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Longjian Road & Bridge Co (SHSE:600853) Inventory-to-Revenue : 0.77 (As of Mar. 2024)


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What is Longjian Road & Bridge 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. Longjian Road & Bridge Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,456 Mil. Longjian Road & Bridge Co's Revenue for the three months ended in Mar. 2024 was ¥1,896 Mil. Longjian Road & Bridge Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.77.

Longjian Road & Bridge Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.23) to Dec. 2023 (0.77)

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. Longjian Road & Bridge Co's Days Inventory for the three months ended in Mar. 2024 was 79.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Longjian Road & Bridge Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.15.


Longjian Road & Bridge Co Inventory-to-Revenue Historical Data

The historical data trend for Longjian Road & Bridge 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.

Longjian Road & Bridge Co Inventory-to-Revenue Chart

Longjian Road & Bridge 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 0.43 0.26 0.11 0.09 0.08

Longjian Road & Bridge 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 0.85 0.45 0.44 0.23 0.77

Competitive Comparison of Longjian Road & Bridge Co's Inventory-to-Revenue

For the Engineering & Construction subindustry, Longjian Road & Bridge 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.


Longjian Road & Bridge Co's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Longjian Road & Bridge Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Longjian Road & Bridge Co's Inventory-to-Revenue falls into.



Longjian Road & Bridge 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.

Longjian Road & Bridge 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 )
=( (1253.741 + 1389.215) / 2 ) / 17428.327
=1321.478 / 17428.327
=0.08

Longjian Road & Bridge 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 )
=( (1389.215 + 1523.147) / 2 ) / 1896.324
=1456.181 / 1896.324
=0.77

* 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.


Longjian Road & Bridge Co  (SHSE:600853) 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.

Longjian Road & Bridge 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
=1456.181/1668.663*365 / 4
=79.63

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

Longjian Road & Bridge 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 )
=1668.663 / 1456.181
=1.15

* 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.


Longjian Road & Bridge Co Inventory-to-Revenue Related Terms

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Longjian Road & Bridge Co (SHSE:600853) Business Description

Traded in Other Exchanges
N/A
Address
No. 368, Changjiang Road, Nangang District, Heilongjiang Province, Harbin, CHN, 150009
Longjian Road & Bridge Co Ltd is engaged in road and bridge construction. It is also involved in other businesses such as e-commerce platform for green and organic food, green energy resources, investment and trade, financial services, and others. The company's main business comprises of Road Engineering, Bridge Engineering, Municipal Engineering, Tunnel Engineering, Metro Engineering, Engineering Design, and Overseas Business. It provides its construction services to Bangladesh, Sudan, Kenya, Sri Lanka, India, Ethiopia, Surinam, Ghana, Uganda, Mongolia, and other countries.

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