What is Tinavi Medical Technologies 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. Tinavi Medical Technologies Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥35.6 Mil. Tinavi Medical Technologies Co's Revenue for the
three
months ended in Jun. 2024 was ¥29.4 Mil.
Tinavi Medical Technologies Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.21.
Tinavi Medical Technologies Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024
increased
from Mar. 2024 (1.01) to Mar. 2024 (1.21)
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.
Tinavi Medical Technologies Co's Days Inventory for the
three
months ended in Jun. 2024 was 433.04.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tinavi Medical Technologies Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.21.
Tinavi Medical Technologies 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.
Tinavi Medical Technologies Co Inventory-to-Revenue Chart
Competitive Comparison of Tinavi Medical Technologies Co's Inventory-to-Revenue
For the Medical Instruments & Supplies subindustry, Tinavi Medical Technologies 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.
Tinavi Medical Technologies Co's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Tinavi Medical Technologies Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Tinavi Medical Technologies Co's Inventory-to-Revenue falls into.
Tinavi Medical Technologies 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.
Tinavi Medical Technologies Co (SHSE:688277) 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.
Tinavi Medical Technologies Co's Days Inventory for the
three
months ended in Jun. 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.
Tinavi Medical Technologies Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Tinavi Medical Technologies Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Tinavi Medical Technologies Co Business Description
Tinavi Medical Technologies Co Ltd is engaged in development, production, sales and service of orthopedic surgery navigation and positioning robots. The company's TiRobot Orthopedic robotic system is used in orthopedic surgeries for spine and trauma, and helps surgeons precisely position implants or surgical instruments during operations.
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