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Hoymiles Power Electronics (SHSE:688032) Inventory-to-Revenue : 2.77 (As of Mar. 2025)


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What is Hoymiles Power Electronics 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. Hoymiles Power Electronics's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥930 Mil. Hoymiles Power Electronics's Revenue for the three months ended in Mar. 2025 was ¥336 Mil. Hoymiles Power Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 2.77.

Hoymiles Power Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2025 increased from Dec. 2024 (1.33) to Dec. 2024 (2.77)

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. Hoymiles Power Electronics's Days Inventory for the three months ended in Mar. 2025 was 382.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hoymiles Power Electronics's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.24.


Hoymiles Power Electronics Inventory-to-Revenue Historical Data

The historical data trend for Hoymiles Power Electronics'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.

Hoymiles Power Electronics Inventory-to-Revenue Chart

Hoymiles Power Electronics Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial 0.21 0.21 0.28 0.34 0.42

Hoymiles Power Electronics 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 2.37 1.57 2.74 1.33 2.77

Competitive Comparison of Hoymiles Power Electronics's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, Hoymiles Power Electronics'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.


Hoymiles Power Electronics's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hoymiles Power Electronics's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Hoymiles Power Electronics's Inventory-to-Revenue falls into.


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Hoymiles Power Electronics 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.

Hoymiles Power Electronics'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 )
=( (730.754 + 940.621) / 2 ) / 1992.953
=835.6875 / 1992.953
=0.42

Hoymiles Power Electronics'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 )
=( (940.621 + 919.671) / 2 ) / 336.142
=930.146 / 336.142
=2.77

* 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.


Hoymiles Power Electronics  (SHSE:688032) 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.

Hoymiles Power Electronics'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
=930.146/222.121*365 / 4
=382.12

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

Hoymiles Power Electronics'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 )
=222.121 / 930.146
=0.24

* 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.


Hoymiles Power Electronics Inventory-to-Revenue Related Terms

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Hoymiles Power Electronics Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Kangjing Road, 3rd Floor, Building 11, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310015
Hoymiles Power Electronics Inc is engaged in the research and development, manufacturing, and sales of photovoltaic inverters and other power conversion equipment and electrical complete sets of equipment and related products.

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