What is Shenzhen United Winners Laser 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. Shenzhen United Winners Laser Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥2,441 Mil. Shenzhen United Winners Laser Co's Revenue for the
three
months ended in Mar. 2024 was ¥728 Mil.
Shenzhen United Winners Laser Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.35.
Shenzhen United Winners Laser Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (2.74) to Dec. 2023 (3.35)
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.
Shenzhen United Winners Laser Co's Days Inventory for the
three
months ended in Mar. 2024 was 432.27.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shenzhen United Winners Laser Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.21.
Shenzhen United Winners Laser 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.
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Shenzhen United Winners Laser Co Inventory-to-Revenue Chart
Competitive Comparison of Shenzhen United Winners Laser Co's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Shenzhen United Winners Laser 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.
Shenzhen United Winners Laser Co's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shenzhen United Winners Laser Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shenzhen United Winners Laser Co's Inventory-to-Revenue falls into.
Shenzhen United Winners Laser 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.
Shenzhen United Winners Laser Co (SHSE:688518) 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.
Shenzhen United Winners Laser Co'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.
Shenzhen United Winners Laser Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shenzhen United Winners Laser Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shenzhen United Winners Laser Co (SHSE:688518) Business Description
Shenzhen United Winners Laser Co Ltd is engaged in production and sales of precision laser welding machines and laser welding automation equipment. The company's laser welding machine and related automation is used in automobile, battery, consumer electronics, sensor, hardware & home appliance, optical communication, flat plate solar energy collectors, mold repair welding machine, laser welding for plastic, laser soldering & brazing, software, among others.
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