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Servyou Software Group Co (SHSE:603171) Inventory-to-Revenue : 0.54 (As of Jun. 2024)


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What is Servyou Software 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. Servyou Software Group Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥242 Mil. Servyou Software Group Co's Revenue for the three months ended in Jun. 2024 was ¥452 Mil. Servyou Software Group Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.54.

Servyou Software Group Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (0.62) to Mar. 2024 (0.54)

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. Servyou Software Group Co's Days Inventory for the three months ended in Jun. 2024 was 119.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Servyou Software Group Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.77.


Servyou Software Group Co Inventory-to-Revenue Historical Data

The historical data trend for Servyou Software 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.

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Servyou Software Group Co Inventory-to-Revenue Chart

Servyou Software Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.05 0.05 0.08 0.12 0.12

Servyou Software Group Co Quarterly Data
Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.76 0.79 0.44 0.62 0.54

Competitive Comparison of Servyou Software Group Co's Inventory-to-Revenue

For the Software - Application subindustry, Servyou Software 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.


Servyou Software Group Co's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Servyou Software Group Co's Inventory-to-Revenue distribution charts can be found below:

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



Servyou Software 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.

Servyou Software 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 )
=( (245.486 + 204.349) / 2 ) / 1828.708
=224.9175 / 1828.708
=0.12

Servyou Software Group Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (241.512 + 242.549) / 2 ) / 451.783
=242.0305 / 451.783
=0.54

* 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.


Servyou Software Group Co  (SHSE:603171) 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.

Servyou Software Group Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=242.0305/185.321*365 / 4
=119.17

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

Servyou Software Group Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=185.321 / 242.0305
=0.77

* 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.


Servyou Software Group Co Inventory-to-Revenue Related Terms

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Servyou Software Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3738, Nanhuan Road, Puyan Street, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310053
Servyou Software Group Co Ltd is a comprehensive service provider of fiscal and taxation information in China. It offers tax system development and operation and maintenance for tax authorities, and provides comprehensive Internet financial and taxation services for taxpayers and financial and tax intermediaries with the Yiqiying brand.
Executives
Zhou Ke Ren Director

Servyou Software Group Co Headlines

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