GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hangzhou First Applied Material Co Ltd (SHSE:603806) » Definitions » Inventory-to-Revenue

Hangzhou First Applied Material Co (SHSE:603806) Inventory-to-Revenue : 0.57 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Hangzhou First Applied Material 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. Hangzhou First Applied Material Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ¥3,383 Mil. Hangzhou First Applied Material Co's Revenue for the three months ended in Dec. 2023 was ¥5,939 Mil. Hangzhou First Applied Material Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.57.

Hangzhou First Applied Material Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.56) to Sep. 2023 (0.57)

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. Hangzhou First Applied Material Co's Days Inventory for the three months ended in Dec. 2023 was 62.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangzhou First Applied Material Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.47.


Hangzhou First Applied Material Co Inventory-to-Revenue Historical Data

The historical data trend for Hangzhou First Applied Material 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.

Hangzhou First Applied Material Co Inventory-to-Revenue Chart

Hangzhou First Applied Material 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 0.13 0.11 0.13 0.16 0.15

Hangzhou First Applied Material Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.70 0.67 0.54 0.56 0.57

Competitive Comparison of Hangzhou First Applied Material Co's Inventory-to-Revenue

For the Semiconductor Equipment & Materials subindustry, Hangzhou First Applied Material 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.


Hangzhou First Applied Material Co's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hangzhou First Applied Material Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Hangzhou First Applied Material Co's Inventory-to-Revenue falls into.



Hangzhou First Applied Material 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.

Hangzhou First Applied Material 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 )
=( (3515.598 + 3089.888) / 2 ) / 22588.527
=3302.743 / 22588.527
=0.15

Hangzhou First Applied Material Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (3675.866 + 3089.888) / 2 ) / 5938.916
=3382.877 / 5938.916
=0.57

* 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.


Hangzhou First Applied Material Co  (SHSE:603806) 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.

Hangzhou First Applied Material Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=3382.877/4973.567*365 / 4
=62.07

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

Hangzhou First Applied Material Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=4973.567 / 3382.877
=1.47

* 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.


Hangzhou First Applied Material Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Hangzhou First Applied Material Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Hangzhou First Applied Material Co (SHSE:603806) Business Description

Traded in Other Exchanges
N/A
Address
8 Fusite Street Lin'an, Hangzhou, CHN, 311300
Hangzhou First Applied Material Co Ltd is a China-based company engages in the development, manufacturing and selling EVA solar cell film, polyamide hot-melt adhesive film, and solar battery panel. The company offers encapsulant EVA films, polyolefin films, and back sheet materials for PV modules; dry film photoresists and flexible copper clad laminates; aluminum laminated films; silicone encapsulant for LED; and co-polyamide hot melt web, a double-sided adhesive non-woven fabric used in the bonding of fabric, leather, metal, plastic, microfiber, non-woven fabric, wood, paper, and other materials.

Hangzhou First Applied Material Co (SHSE:603806) Headlines

No Headlines