What is Suzhou Agioe 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. Suzhou Agioe Technologies Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥58.6 Mil. Suzhou Agioe Technologies Co's Revenue for the
three
months ended in Jun. 2024 was ¥42.2 Mil.
Suzhou Agioe Technologies Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.39.
Suzhou Agioe Technologies Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024
declined
from Mar. 2024 (5.53) to Mar. 2024 (1.39)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Suzhou Agioe Technologies Co's Days Inventory for the
three
months ended in Jun. 2024 was 297.14.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Suzhou Agioe Technologies Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.31.
Suzhou Agioe 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.
Suzhou Agioe Technologies Co Inventory-to-Revenue Chart
Competitive Comparison of Suzhou Agioe Technologies Co's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Suzhou Agioe 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.
Suzhou Agioe Technologies Co's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Suzhou Agioe Technologies Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Suzhou Agioe Technologies Co's Inventory-to-Revenue falls into.
Suzhou Agioe 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.
Suzhou Agioe Technologies Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 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.
Suzhou Agioe Technologies Co (SHSE:688450) 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.
Suzhou Agioe 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.
Suzhou Agioe Technologies Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Suzhou Agioe Technologies Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Suzhou Agioe Technologies Co Ltd is a high-tech enterprise focusing on the research, development, production and sales of a new generation of optical fiber sensing network and asset digital operation and maintenance management system. The company has formed a series of products such as power facility asset monitoring operation and maintenance management system, submarine cable asset monitoring operation and maintenance management system, and integrated pipeline asset monitoring operation and maintenance management system, which are widely used in power grids, offshore wind power, integrated pipelines, petroleum and petrochemical and other important areas of the national economy.
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