Tianyang New material (Shanghai) Technology Co (SHSE:603330) Inventory-to-Revenue : 0.85 (As of Mar. 2024)

Tianyang New material (Shanghai) Technology Co Inventory-to-Revenue Chart

Tianyang New material (Shanghai) Technology Co Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Inventory-to-Revenue		Get a 7-Day Free Trial					0.20	0.24	0.21	0.24	0.24

Tianyang New material (Shanghai) Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															1.16	1.28	0.80	0.81	0.85

Competitive Comparison of Tianyang New material (Shanghai) Technology Co's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Tianyang New material (Shanghai) Technology 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.

Tianyang New material (Shanghai) Technology Co's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tianyang New material (Shanghai) Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tianyang New material (Shanghai) Technology Co's Inventory-to-Revenue falls into.

Tianyang New material (Shanghai) Technology 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.

Tianyang New material (Shanghai) Technology Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Tianyang New material (Shanghai) Technology Co's Inventory-to-Revenue for the quarter that 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.

Tianyang New material (Shanghai) Technology Co  (SHSE:603330) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Tianyang New material (Shanghai) Technology Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

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

Tianyang New material (Shanghai) Technology Co's Inventory Turnover for the quarter that 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.

Tianyang New material (Shanghai) Technology Co Inventory-to-Revenue Related Terms

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Tianyang New material (Shanghai) Technology Co (SHSE:603330) Business Description