What is Jiangsu Rutong Petro-Machinery 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 Rutong Petro-Machinery Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥250.5 Mil. Jiangsu Rutong Petro-Machinery Co's Revenue for the
three
months ended in Sep. 2024 was ¥98.1 Mil.
Jiangsu Rutong Petro-Machinery Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.55.
Jiangsu Rutong Petro-Machinery Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024
increased
from Jun. 2024 (2.33) to Jun. 2024 (2.55)
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 Rutong Petro-Machinery Co's Days Inventory for the
three
months ended in Sep. 2024 was 412.14.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Jiangsu Rutong Petro-Machinery Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.22.
Jiangsu Rutong Petro-Machinery 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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Jiangsu Rutong Petro-Machinery Co Inventory-to-Revenue Chart
Competitive Comparison of Jiangsu Rutong Petro-Machinery Co's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Jiangsu Rutong Petro-Machinery 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 Rutong Petro-Machinery Co's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jiangsu Rutong Petro-Machinery Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Jiangsu Rutong Petro-Machinery Co's Inventory-to-Revenue falls into.
Jiangsu Rutong Petro-Machinery 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.
Jiangsu Rutong Petro-Machinery Co (SHSE:603036) 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 Rutong Petro-Machinery Co's Days Inventory for the
three
months ended in Sep. 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.
Jiangsu Rutong Petro-Machinery Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Jiangsu Rutong Petro-Machinery Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Jiangsu Rutong Petro-Machinery Co Business Description
Jiangsu Rutong Petro-Machinery Co Ltd operates in the petroleum and petrochemical equipment manufacturing industry. The company is engaged in research, development, production and sales of oil drilling and production wellhead equipment. The main products are lifting equipment, holding equipment and spinning equipment. The products are sold in various oil fields in China and exported to North America, Southeast Asia, Middle East, Central Asia and North Africa.
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