What is Apple Flavor & Fragrance 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. Apple Flavor & Fragrance Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥584 Mil. Apple Flavor & Fragrance Group Co's Revenue for the
three
months ended in Mar. 2024 was ¥747 Mil.
Apple Flavor & Fragrance Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.78.
Apple Flavor & Fragrance Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.96) to Dec. 2023 (0.78)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Apple Flavor & Fragrance Group Co's Days Inventory for the
three
months ended in Mar. 2024 was 85.26.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Apple Flavor & Fragrance Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.07.
Apple Flavor & Fragrance Group Co Inventory-to-Revenue Historical Data
* 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.
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Apple Flavor & Fragrance Group Co Inventory-to-Revenue Chart
Competitive Comparison of Apple Flavor & Fragrance Group Co's Inventory-to-Revenue
For the Specialty Chemicals subindustry, Apple Flavor & Fragrance 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.
Apple Flavor & Fragrance Group Co's Inventory-to-Revenue Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Apple Flavor & Fragrance Group Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Apple Flavor & Fragrance Group Co's Inventory-to-Revenue falls into.
Apple Flavor & Fragrance 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.
* 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.
Apple Flavor & Fragrance Group Co (SHSE:603020) 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.
Apple Flavor & Fragrance Group 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.
Apple Flavor & Fragrance Group Co Inventory-to-Revenue Related Terms
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Apple Flavor & Fragrance Group Co (SHSE:603020) Business Description
Apple Flavor & Fragrance Group Co Ltd is engaged in the development, manufacture, and sale of spices, flavors, and food ingredients. Its main products include spices which include synthetic and natural flavors, flavors (including food flavors and daily flavors) and industrial Cree which mainly include chocolate for frozen drinks and chocolate for baking, widely used in food, beverages, cigarettes, daily chemicals. It also engaged in the distribution of internationally renowned brands of butter, cheese, whipped cream, chocolate, cocoa, fruit products and other food ingredients.
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