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Zhejiang Xinao Textiles (SHSE:603889) Inventory-to-Revenue : 1.93 (As of Mar. 2025)


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What is Zhejiang Xinao Textiles 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. Zhejiang Xinao Textiles's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥2,124 Mil. Zhejiang Xinao Textiles's Revenue for the three months ended in Mar. 2025 was ¥1,103 Mil. Zhejiang Xinao Textiles's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.93.

Zhejiang Xinao Textiles's Inventory-to-Revenue for the quarter that ended in Mar. 2025 declined from Dec. 2024 (1.95) to Dec. 2024 (1.93)

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. Zhejiang Xinao Textiles's Days Inventory for the three months ended in Mar. 2025 was 221.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Xinao Textiles's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.41.


Zhejiang Xinao Textiles Inventory-to-Revenue Historical Data

The historical data trend for Zhejiang Xinao Textiles'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.

Zhejiang Xinao Textiles Inventory-to-Revenue Chart

Zhejiang Xinao Textiles 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 0.37 0.34 0.41 0.41 0.40

Zhejiang Xinao Textiles 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 1.70 1.27 1.38 1.95 1.93

Competitive Comparison of Zhejiang Xinao Textiles's Inventory-to-Revenue

For the Textile Manufacturing subindustry, Zhejiang Xinao Textiles'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.


Zhejiang Xinao Textiles's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Xinao Textiles's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinao Textiles's Inventory-to-Revenue falls into.


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Zhejiang Xinao Textiles 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.

Zhejiang Xinao Textiles'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 )
=( (1856.462 + 1990.013) / 2 ) / 4840.784
=1923.2375 / 4840.784
=0.40

Zhejiang Xinao Textiles'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 )
=( (1990.013 + 2258.314) / 2 ) / 1102.915
=2124.1635 / 1102.915
=1.93

* 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.


Zhejiang Xinao Textiles  (SHSE:603889) 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.

Zhejiang Xinao Textiles'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
=2124.1635/873.762*365 / 4
=221.83

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

Zhejiang Xinao Textiles'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 )
=873.762 / 2124.1635
=0.41

* 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.


Zhejiang Xinao Textiles Inventory-to-Revenue Related Terms

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Zhejiang Xinao Textiles Business Description

Traded in Other Exchanges
N/A
Address
Guanzhuang Bridge, Chongfu Town, Zhejiang Province, Tongxiang City, CHN, 314511
Zhejiang Xinao Textiles Inc along with its subsidiaries is engaged in research, development, production & sales of worsted yarn. The company's main products and services include: worsted, woolen pure wool, and wool blended yarns; woolen, worsted pure cashmere and cashmere blended yarns.
Executives
Liu Pei Yi Directors, senior managers
Hua Xin Zhong Directors, senior managers
Shen Jian Bo Directors, senior managers
Chen Xing senior management
Wang Ling Hua Directors, senior managers
Yu Xiao Lu senior management
Shen Jian Hua Director
Ping Fen Supervisors
Chen Xue Ming Supervisors
Zhou Xiao Tian Director
Li Xin Xue Director
Zhu Gen Ming Director
Wang Ru Ming Supervisors
Tan Lian Gen senior management
Shen Juan Fen Director

Zhejiang Xinao Textiles Headlines

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