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Focuslight Technologies (SHSE:688167) Inventory-to-Revenue : 1.73 (As of Mar. 2024)


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What is Focuslight Technologies 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. Focuslight Technologies's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥236.7 Mil. Focuslight Technologies's Revenue for the three months ended in Mar. 2024 was ¥137.0 Mil. Focuslight Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.73.

Focuslight Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.24) to Dec. 2023 (1.73)

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. Focuslight Technologies's Days Inventory for the three months ended in Mar. 2024 was 241.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Focuslight Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.


Focuslight Technologies Inventory-to-Revenue Historical Data

The historical data trend for Focuslight Technologies'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.

Focuslight Technologies Inventory-to-Revenue Chart

Focuslight Technologies Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.42 0.38 0.31 0.36 0.40

Focuslight Technologies Quarterly Data
Dec13 Dec14 Dec17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.08 1.94 1.63 1.24 1.73

Competitive Comparison of Focuslight Technologies's Inventory-to-Revenue

For the Semiconductor Equipment & Materials subindustry, Focuslight Technologies'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.


Focuslight Technologies's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Focuslight Technologies's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Focuslight Technologies's Inventory-to-Revenue falls into.



Focuslight Technologies 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.

Focuslight Technologies's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (243.488 + 204.865) / 2 ) / 561.173
=224.1765 / 561.173
=0.40

Focuslight Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (204.865 + 268.582) / 2 ) / 136.988
=236.7235 / 136.988
=1.73

* 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.


Focuslight Technologies  (SHSE:688167) 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.

Focuslight Technologies's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=236.7235/89.35*365 / 4
=241.76

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

Focuslight Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=89.35 / 236.7235
=0.38

* 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.


Focuslight Technologies Inventory-to-Revenue Related Terms

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Focuslight Technologies (SHSE:688167) Business Description

Traded in Other Exchanges
N/A
Address
No. 56, Zhangbalu Road, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710077
Focuslight Technologies Inc is engaged in the research and development, production and sales of high-power semiconductor laser components and laser optical components upstream of the laser industry.

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