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Shandong Donghong Pipe Industry Co (SHSE:603856) Inventory-to-Revenue : 0.59 (As of Mar. 2025)


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What is Shandong Donghong Pipe Industry 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. Shandong Donghong Pipe Industry Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥306 Mil. Shandong Donghong Pipe Industry Co's Revenue for the three months ended in Mar. 2025 was ¥521 Mil. Shandong Donghong Pipe Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.59.

Shandong Donghong Pipe Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 declined from Dec. 2024 (1.01) to Dec. 2024 (0.59)

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. Shandong Donghong Pipe Industry Co's Days Inventory for the three months ended in Mar. 2025 was 67.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Donghong Pipe Industry Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.35.


Shandong Donghong Pipe Industry Co Inventory-to-Revenue Historical Data

The historical data trend for Shandong Donghong Pipe Industry 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.

Shandong Donghong Pipe Industry Co Inventory-to-Revenue Chart

Shandong Donghong Pipe Industry Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.19 0.15 0.13 0.13

Shandong Donghong Pipe Industry Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.56 0.44 0.64 1.01 0.59

Competitive Comparison of Shandong Donghong Pipe Industry Co's Inventory-to-Revenue

For the Building Products & Equipment subindustry, Shandong Donghong Pipe Industry 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.


Shandong Donghong Pipe Industry Co's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shandong Donghong Pipe Industry Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shandong Donghong Pipe Industry Co's Inventory-to-Revenue falls into.


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Shandong Donghong Pipe Industry 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.

Shandong Donghong Pipe Industry Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (321.562 + 304.32) / 2 ) / 2489.535
=312.941 / 2489.535
=0.13

Shandong Donghong Pipe Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue (Q: Mar. 2025 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Revenue (Q: Mar. 2025 )
=( (304.32 + 307.403) / 2 ) / 521.48
=305.8615 / 521.48
=0.59

* 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.


Shandong Donghong Pipe Industry Co  (SHSE:603856) 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.

Shandong Donghong Pipe Industry Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=305.8615/412.221*365 / 4
=67.71

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

Shandong Donghong Pipe Industry Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2025 ) / Average Total Inventories (Q: Mar. 2025 )
=412.221 / 305.8615
=1.35

* 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.


Shandong Donghong Pipe Industry Co Inventory-to-Revenue Related Terms

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Shandong Donghong Pipe Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Donghong Road, Shandong Province, Qufu, CHN, 273100
Shandong Donghong Pipe Industry Co Ltd is engaged in the research and development, manufacturing and service of an intelligent pipeline system in China. Its products line includes steel mesh skeleton plastic composite pipes, super wear-resisting composite pipes, HDPE gas pipes, plastic-coated steel pipes, polyethylene pipes for underground coal mining, and other products.
Executives
Bi Xing Tao Director
Kong Zhi Yong Director
Xun Jin Long senior management
Fan Peng senior management
Yang Cui Wei senior management
Liu Yong Director
Ju Heng Shan Directors, senior managers
Xue Chun De senior management
Liu Bin Directors, senior managers
Ni Li Ying Director

Shandong Donghong Pipe Industry Co Headlines

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