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Jiangsu Yabang Dyestuff Co (SHSE:603188) Inventory-to-Revenue : 1.27 (As of Jun. 2024)


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What is Jiangsu Yabang Dyestuff 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 Yabang Dyestuff Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥240.0 Mil. Jiangsu Yabang Dyestuff Co's Revenue for the three months ended in Jun. 2024 was ¥188.7 Mil. Jiangsu Yabang Dyestuff Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.27.

Jiangsu Yabang Dyestuff Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (1.36) to Mar. 2024 (1.27)

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. Jiangsu Yabang Dyestuff Co's Days Inventory for the three months ended in Jun. 2024 was 131.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Yabang Dyestuff Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.69.


Jiangsu Yabang Dyestuff Co Inventory-to-Revenue Historical Data

The historical data trend for Jiangsu Yabang Dyestuff 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.

Jiangsu Yabang Dyestuff Co Inventory-to-Revenue Chart

Jiangsu Yabang Dyestuff 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 0.33 0.53 0.41 0.34 0.40

Jiangsu Yabang Dyestuff Co Quarterly Data
Sep19 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 1.19 1.42 - 1.36 1.27

Competitive Comparison of Jiangsu Yabang Dyestuff Co's Inventory-to-Revenue

For the Chemicals subindustry, Jiangsu Yabang Dyestuff 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 Yabang Dyestuff Co's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Yabang Dyestuff Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Jiangsu Yabang Dyestuff Co's Inventory-to-Revenue falls into.



Jiangsu Yabang Dyestuff 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.

Jiangsu Yabang Dyestuff 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 )
=( (256.044 + 260.157) / 2 ) / 650.501
=258.1005 / 650.501
=0.40

Jiangsu Yabang Dyestuff 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 )
=( (228.735 + 251.197) / 2 ) / 188.745
=239.966 / 188.745
=1.27

* 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 Yabang Dyestuff Co  (SHSE:603188) 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 Yabang Dyestuff 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
=239.966/166.676*365 / 4
=131.37

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

Jiangsu Yabang Dyestuff 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 )
=166.676 / 239.966
=0.69

* 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 Yabang Dyestuff Co Inventory-to-Revenue Related Terms

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Jiangsu Yabang Dyestuff Co Business Description

Traded in Other Exchanges
N/A
Address
Niutang, Jiangsu Province, Changzhou, CHN
Jiangsu Yabang Dyestuff Co Ltd mainly produces and sells dyestuffs and the intermediates. It offers products such as vat dyes, disperse dyes, solvent dyes, phthalo cyanine and intermediaries such as anthraquinone, bromamine acid and benzanthrone.
Executives
Xu Yun Xia Director
Zhou Duo Gang Director
Lu Jian Ping Director
Wu Wei Supervisors
Zhang Yi Qing senior management
Zhang Qing Ping Supervisors
Zhang Long Xin Director
Zhang Li Na senior management
Zhang Wei Feng senior management
Xu Li Juan Supervisors
Shang Jun Ping senior management
Tong Guo Qing Supervisors
Qian Guang You Director
Zhou Xiang Dong senior management
Xu Xu Dong Director

Jiangsu Yabang Dyestuff Co Headlines

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