What is Beijing Tianyishangjia New Material 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. Beijing Tianyishangjia New Material's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥974 Mil. Beijing Tianyishangjia New Material's Revenue for the
three
months ended in Mar. 2024 was ¥347 Mil.
Beijing Tianyishangjia New Material's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.80.
Beijing Tianyishangjia New Material's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (2.37) to Dec. 2023 (2.80)
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.
Beijing Tianyishangjia New Material's Days Inventory for the
three
months ended in Mar. 2024 was 231.70.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Beijing Tianyishangjia New Material's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.
Beijing Tianyishangjia New Material 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.
Beijing Tianyishangjia New Material Inventory-to-Revenue Chart
Competitive Comparison of Beijing Tianyishangjia New Material's Inventory-to-Revenue
For the Railroads subindustry, Beijing Tianyishangjia New Material'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.
Beijing Tianyishangjia New Material's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Beijing Tianyishangjia New Material's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Beijing Tianyishangjia New Material's Inventory-to-Revenue falls into.
Beijing Tianyishangjia New Material 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.
Beijing Tianyishangjia New Material (SHSE:688033) 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.
Beijing Tianyishangjia New Material'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.
Beijing Tianyishangjia New Material Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Beijing Tianyishangjia New Material's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Beijing Tianyishangjia New Material (SHSE:688033) Business Description
Beijing Tianyishangjia New Material Corp Ltd Is engaged in the research and development, production and sales of powder metallurgy brakes and locomotives, urban rail brakes and brake shoes for high-speed trains.
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