What is Shanghai Baolong Automotive 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. Shanghai Baolong Automotive's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,815 Mil. Shanghai Baolong Automotive's Revenue for the
three
months ended in Mar. 2024 was ¥1,483 Mil.
Shanghai Baolong Automotive's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.22.
Shanghai Baolong Automotive's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.95) to Dec. 2023 (1.22)
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.
Shanghai Baolong Automotive's Days Inventory for the
three
months ended in Mar. 2024 was 158.34.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shanghai Baolong Automotive's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.
Shanghai Baolong Automotive 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.
Competitive Comparison of Shanghai Baolong Automotive's Inventory-to-Revenue
For the Auto Parts subindustry, Shanghai Baolong Automotive'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.
Shanghai Baolong Automotive's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Baolong Automotive's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shanghai Baolong Automotive's Inventory-to-Revenue falls into.
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.
Shanghai Baolong Automotive'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.
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.
Shanghai Baolong Automotive'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.
Shanghai Baolong Automotive Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shanghai Baolong Automotive's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shanghai Baolong Automotive (SHSE:603197) Business Description
Shanghai Baolong Automotive Corp is a Chinese manufacturer of automotive parts and components. Its products include tire valves and accessories, wheel balancing weights, performance exhaust products, automotive pressure sensors, and hydro-forming automotive body parts, among others. The company sells its products in China and various other countries.
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