What is Jiangxi Hungpai New 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. Jiangxi Hungpai New Material Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥290 Mil. Jiangxi Hungpai New Material Co's Revenue for the
three
months ended in Mar. 2024 was ¥377 Mil.
Jiangxi Hungpai New Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.77.
Jiangxi Hungpai New Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.77) to Dec. 2023 (0.77)
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.
Jiangxi Hungpai New Material Co's Days Inventory for the
three
months ended in Mar. 2024 was 79.80.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Jiangxi Hungpai New Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.14.
Jiangxi Hungpai New Material Co 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.
* Premium members only.
Jiangxi Hungpai New Material Co Inventory-to-Revenue Chart
Competitive Comparison of Jiangxi Hungpai New Material Co's Inventory-to-Revenue
For the Chemicals subindustry, Jiangxi Hungpai New 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.
Jiangxi Hungpai New Material Co's Inventory-to-Revenue Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jiangxi Hungpai New Material Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Jiangxi Hungpai New Material Co's Inventory-to-Revenue falls into.
Jiangxi Hungpai New 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.
* 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.
Jiangxi Hungpai New Material Co (SHSE:605366) 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.
Jiangxi Hungpai New Material Co'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.
Jiangxi Hungpai New Material Co Inventory-to-Revenue Related Terms
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Jiangxi Hungpai New Material Co (SHSE:605366) Business Description
Jiangxi Hungpai New Material Co Ltd is engaged in research and development, production and sales of new silicon-based materials such as functional silanes, nano-silicon materials and other chemical additives. The company's products include Silane Coupling Agent, Anti-Reversion Agent, Antioxidant Agent, Manufacturing Additive Agent, Prevent Blooming Agent, Raw Chemical Material, Silicone Products Series, Fumed Silica, Anti-Adherent Agent, and Silane coupling agent series.
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