What is Ningbo Construction 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. Ningbo Construction Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥939 Mil. Ningbo Construction Co's Revenue for the
three
months ended in Mar. 2024 was ¥5,672 Mil.
Ningbo Construction Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.17.
Ningbo Construction Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.12) to Dec. 2023 (0.17)
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.
Ningbo Construction Co's Days Inventory for the
three
months ended in Mar. 2024 was 16.27.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ningbo Construction Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.61.
Ningbo Construction Co Inventory-to-Revenue Historical Data
The historical data trend for Ningbo Construction 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.
Competitive Comparison of Ningbo Construction Co's Inventory-to-Revenue
For the Engineering & Construction subindustry, Ningbo Construction 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.
Ningbo Construction Co's Inventory-to-Revenue Distribution in the Construction Industry
For the Construction industry and Industrials sector, Ningbo Construction Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Ningbo Construction Co's Inventory-to-Revenue falls into.
Ningbo Construction 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.
Ningbo Construction Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Ningbo Construction Co (SHSE:601789) 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.
Ningbo Construction Co's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Ningbo Construction Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Ningbo Construction Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Ningbo Construction Co (SHSE:601789) Business Description
Ningbo Construction Co Ltd is a China-based construction company. It is engaged in the housing construction and general construction business. In addition, the company is also involved in the operation of civil engineering, engineering design, municipal garden, equipment installation and equipment leasing. Its business scope covers engineering survey, architectural design, housing construction and municipal general contracting, rail transit, mechanical and electrical equipment installation, decoration and decoration, steel structure, commercial concrete and prefabricated components. The business segments of the company are the Survey and design section, General contracting sector, and Industrial building sector.
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