GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baiyin Nonferrous Group Co Ltd (SHSE:601212) » Definitions » Inventory-to-Revenue

Baiyin Nonferrous Group Co (SHSE:601212) Inventory-to-Revenue : 1.06 (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Baiyin Nonferrous Group 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. Baiyin Nonferrous Group Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥17,479 Mil. Baiyin Nonferrous Group Co's Revenue for the three months ended in Sep. 2024 was ¥16,450 Mil. Baiyin Nonferrous Group Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.06.

Baiyin Nonferrous Group Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (0.51) to Jun. 2024 (1.06)

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. Baiyin Nonferrous Group Co's Days Inventory for the three months ended in Sep. 2024 was 101.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Baiyin Nonferrous Group Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.90.


Baiyin Nonferrous Group Co Inventory-to-Revenue Historical Data

The historical data trend for Baiyin Nonferrous Group 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.

Baiyin Nonferrous Group Co Inventory-to-Revenue Chart

Baiyin Nonferrous Group 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 0.16 0.18 0.17 0.15 0.17

Baiyin Nonferrous Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.64 0.81 0.66 0.51 1.06

Competitive Comparison of Baiyin Nonferrous Group Co's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Baiyin Nonferrous Group 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.


Baiyin Nonferrous Group Co's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baiyin Nonferrous Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Baiyin Nonferrous Group Co's Inventory-to-Revenue falls into.



Baiyin Nonferrous Group 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.

Baiyin Nonferrous Group 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 )
=( (14640.167 + 14604.473) / 2 ) / 86971.15
=14622.32 / 86971.15
=0.17

Baiyin Nonferrous Group Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (16507.04 + 18450.395) / 2 ) / 16450.257
=17478.7175 / 16450.257
=1.06

* 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.


Baiyin Nonferrous Group Co  (SHSE:601212) 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.

Baiyin Nonferrous Group Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=17478.7175/15733.376*365 / 4
=101.37

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

Baiyin Nonferrous Group Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=15733.376 / 17478.7175
=0.90

* 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.


Baiyin Nonferrous Group Co Inventory-to-Revenue Related Terms

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


Baiyin Nonferrous Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.56, Friendship Road, Baiyin District, Gansu Province, Baiyin, CHN, 730900
Baiyin Nonferrous Group Co Ltd is engaged in mining and production of nonferrous metals. The product offered by the group includes Cathode copper, Lead ingots, Zinc ingot, Gold ingot, Cadmium ingot, sulfuric acid, Selenium dioxide and others. The group distributes its products within Chinese and to overseas markets.

Baiyin Nonferrous Group Co Headlines

No Headlines