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Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Inventory-to-Revenue : 0.95 (As of Mar. 2024)


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What is Southchip Semiconductor Technology (Shanghai) 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. Southchip Semiconductor Technology (Shanghai) Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥570 Mil. Southchip Semiconductor Technology (Shanghai) Co's Revenue for the three months ended in Mar. 2024 was ¥602 Mil. Southchip Semiconductor Technology (Shanghai) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.95.

Southchip Semiconductor Technology (Shanghai) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.78) to Dec. 2023 (0.95)

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. Southchip Semiconductor Technology (Shanghai) Co's Days Inventory for the three months ended in Mar. 2024 was 150.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Southchip Semiconductor Technology (Shanghai) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.61.


Southchip Semiconductor Technology (Shanghai) Co Inventory-to-Revenue Historical Data

The historical data trend for Southchip Semiconductor Technology (Shanghai) Co'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.

Southchip Semiconductor Technology (Shanghai) Co Inventory-to-Revenue Chart

Southchip Semiconductor Technology (Shanghai) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.20 0.14 0.12 0.21 0.24

Southchip Semiconductor Technology (Shanghai) Co Quarterly Data
Dec19 Dec20 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 1.10 0.85 0.65 0.78 0.95

Competitive Comparison of Southchip Semiconductor Technology (Shanghai) Co's Inventory-to-Revenue

For the Semiconductors subindustry, Southchip Semiconductor Technology (Shanghai) 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.


Southchip Semiconductor Technology (Shanghai) Co's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Southchip Semiconductor Technology (Shanghai) Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Southchip Semiconductor Technology (Shanghai) Co's Inventory-to-Revenue falls into.



Southchip Semiconductor Technology (Shanghai) 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.

Southchip Semiconductor Technology (Shanghai) Co'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 )
=( (335.584 + 525.383) / 2 ) / 1780.402
=430.4835 / 1780.402
=0.24

Southchip Semiconductor Technology (Shanghai) Co'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 )
=( (525.383 + 615.509) / 2 ) / 601.85
=570.446 / 601.85
=0.95

* 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.


Southchip Semiconductor Technology (Shanghai) Co  (SHSE:688484) 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.

Southchip Semiconductor Technology (Shanghai) Co'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
=570.446/345.651*365 / 4
=150.59

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

Southchip Semiconductor Technology (Shanghai) Co'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 )
=345.651 / 570.446
=0.61

* 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.


Southchip Semiconductor Technology (Shanghai) Co Inventory-to-Revenue Related Terms

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Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Business Description

Traded in Other Exchanges
N/A
Address
No. 54, Lane 565, Shengxia Road, Room 1601, Building 4, Pilot Free Trade Zone, Shanghai, CHN, 201210
Southchip Semiconductor Technology (Shanghai) Co Ltd is engaged in the research and development, design and sales of analog and embedded chips, power supply and battery management.

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