GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Hengli Hydraulic Co Ltd (SHSE:601100) » Definitions » Inventory-to-Revenue

Jiangsu Hengli Hydraulic Co (SHSE:601100) Inventory-to-Revenue : 0.73 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Jiangsu Hengli Hydraulic 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. Jiangsu Hengli Hydraulic Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,712 Mil. Jiangsu Hengli Hydraulic Co's Revenue for the three months ended in Mar. 2024 was ¥2,362 Mil. Jiangsu Hengli Hydraulic Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.73.

Jiangsu Hengli Hydraulic Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.66) to Dec. 2023 (0.73)

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. Jiangsu Hengli Hydraulic Co's Days Inventory for the three months ended in Mar. 2024 was 110.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Hengli Hydraulic Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.83.


Jiangsu Hengli Hydraulic Co Inventory-to-Revenue Historical Data

The historical data trend for Jiangsu Hengli Hydraulic 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.

Jiangsu Hengli Hydraulic Co Inventory-to-Revenue Chart

Jiangsu Hengli Hydraulic 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 0.19 0.14 0.15 0.21 0.19

Jiangsu Hengli Hydraulic 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 0.73 0.87 0.93 0.66 0.73

Competitive Comparison of Jiangsu Hengli Hydraulic Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Jiangsu Hengli Hydraulic 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.


Jiangsu Hengli Hydraulic Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Hengli Hydraulic Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Jiangsu Hengli Hydraulic Co's Inventory-to-Revenue falls into.



Jiangsu Hengli Hydraulic 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.

Jiangsu Hengli Hydraulic 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 )
=( (1765.545 + 1692.069) / 2 ) / 8984.64
=1728.807 / 8984.64
=0.19

Jiangsu Hengli Hydraulic 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 )
=( (1692.069 + 1731.686) / 2 ) / 2361.6
=1711.8775 / 2361.6
=0.72

* 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.


Jiangsu Hengli Hydraulic Co  (SHSE:601100) 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.

Jiangsu Hengli Hydraulic 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
=1711.8775/1414.692*365 / 4
=110.42

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

Jiangsu Hengli Hydraulic 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 )
=1414.692 / 1711.8775
=0.83

* 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.


Jiangsu Hengli Hydraulic Co Inventory-to-Revenue Related Terms

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


Jiangsu Hengli Hydraulic Co (SHSE:601100) Business Description

Traded in Other Exchanges
N/A
Address
No.99 Longqian Road, Wujin District, Changzhou, CHN, 213167
Hengli Hydraulic is a leading Chinese hydraulic component company. It designs, manufactures, and sells hydraulic cylinder, pump, valve, and motor products. Hengli's products are widely used in heavy machinery. It is the largest supplier of excavator hydraulic cylinders in the world with about 30% market share globally.

Jiangsu Hengli Hydraulic Co (SHSE:601100) Headlines

No Headlines