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Qingdao Gaoce Technology Co (SHSE:688556) Inventory-to-Revenue : 0.97 (As of Mar. 2025)


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What is Qingdao Gaoce Technology 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. Qingdao Gaoce Technology Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥663 Mil. Qingdao Gaoce Technology Co's Revenue for the three months ended in Mar. 2025 was ¥686 Mil. Qingdao Gaoce Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.97.

Qingdao Gaoce Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 increased from Dec. 2024 (0.81) to Dec. 2024 (0.97)

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. Qingdao Gaoce Technology Co's Days Inventory for the three months ended in Mar. 2025 was 94.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qingdao Gaoce Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.96.


Qingdao Gaoce Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Qingdao Gaoce Technology 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.

Qingdao Gaoce Technology Co Inventory-to-Revenue Chart

Qingdao Gaoce Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.29 0.23 0.21 0.25

Qingdao Gaoce Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.04 1.02 1.35 0.81 0.97

Competitive Comparison of Qingdao Gaoce Technology Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Qingdao Gaoce Technology 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.


Qingdao Gaoce Technology Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Gaoce Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Qingdao Gaoce Technology Co's Inventory-to-Revenue falls into.


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Qingdao Gaoce Technology 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.

Qingdao Gaoce Technology Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (1566.111 + 662.351) / 2 ) / 4474.237
=1114.231 / 4474.237
=0.25

Qingdao Gaoce Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue (Q: Mar. 2025 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Revenue (Q: Mar. 2025 )
=( (662.351 + 664.205) / 2 ) / 685.789
=663.278 / 685.789
=0.97

* 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.


Qingdao Gaoce Technology Co  (SHSE:688556) 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.

Qingdao Gaoce Technology Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=663.278/638.559*365 / 4
=94.78

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

Qingdao Gaoce Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2025 ) / Average Total Inventories (Q: Mar. 2025 )
=638.559 / 663.278
=0.96

* 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.


Qingdao Gaoce Technology Co Inventory-to-Revenue Related Terms

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Qingdao Gaoce Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.66 Huoju Zhilu, High-tech Industrial Development Zone, Shandong Province, Qingdao, CHN, 266114
Qingdao Gaoce Technology Co Ltd is engaged in the research and development, production and sales of cutting equipment for hard and brittle materials and cutting tools. The products are mainly used on silicon wafer for photovoltaic industry.
Executives
Zhang Xu Director, core technical staff
Duan Jing Bo Core technical personnel
Yu Wen Bo Supervisors
Wang Mu Ya Directors, senior managers
Zhang Lu Core technical personnel
Zhang Xiu Tao Directors, senior managers
Li Xue Yu Directors, senior managers
Yu Qun Core technical personnel
Xing Xu Core technical personnel
Jiang Shu Ming Director
Chou Jian Core technical personnel

Qingdao Gaoce Technology Co Headlines

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