GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen SEICHI Technologies Co Ltd (SHSE:688627) » Definitions » Inventory-to-Revenue

Shenzhen SEICHI Technologies Co (SHSE:688627) Inventory-to-Revenue : 3.12 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Shenzhen SEICHI 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. Shenzhen SEICHI Technologies Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥258.7 Mil. Shenzhen SEICHI Technologies Co's Revenue for the three months ended in Mar. 2024 was ¥83.0 Mil. Shenzhen SEICHI Technologies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.12.

Shenzhen SEICHI Technologies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.00) to Dec. 2023 (3.12)

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 SEICHI Technologies Co's Days Inventory for the three months ended in Mar. 2024 was 427.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen SEICHI Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.21.


Shenzhen SEICHI Technologies Co Inventory-to-Revenue Historical Data

The historical data trend for Shenzhen SEICHI Technologies 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.

Shenzhen SEICHI Technologies Co Inventory-to-Revenue Chart

Shenzhen SEICHI Technologies Co Annual Data
Trend Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.15 0.44 0.44 0.46 0.38

Shenzhen SEICHI Technologies Co Quarterly Data
Dec13 Dec14 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 Premium Member Only Premium Member Only 5.55 1.45 2.33 1.00 3.12

Competitive Comparison of Shenzhen SEICHI Technologies Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Shenzhen SEICHI 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.


Shenzhen SEICHI Technologies Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen SEICHI Technologies Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shenzhen SEICHI Technologies Co's Inventory-to-Revenue falls into.



Shenzhen SEICHI 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.

Shenzhen SEICHI Technologies 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 )
=( (259.554 + 237.575) / 2 ) / 648.563
=248.5645 / 648.563
=0.38

Shenzhen SEICHI Technologies 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 )
=( (237.575 + 279.749) / 2 ) / 83.047
=258.662 / 83.047
=3.11

* 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 SEICHI Technologies Co  (SHSE:688627) 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 SEICHI Technologies 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
=258.662/55.273*365 / 4
=427.02

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

Shenzhen SEICHI Technologies 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 )
=55.273 / 258.662
=0.21

* 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 SEICHI Technologies Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Shenzhen SEICHI Technologies Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen SEICHI Technologies Co (SHSE:688627) Business Description

Traded in Other Exchanges
N/A
Address
Longhua Street, East of 1st Floor, Building D, 101 Industrial Park, No. 1 Fuanna Company, Qinghu Village, Longhua, Qinghu, Guangdong, Shenzhen, CHN, 518110
Shenzhen SEICHI Technologies Co Ltd is a provider of testing equipment and system solution. It is mainly engaged in research, development, production and sales of new display device testing equipment. Detection and calibration repair, and gradually extended to the field of semiconductor storage device testing equipment, related products are used in wafer testing, packaging testing and aging repair of semiconductor storage devices represented by DRAM.

Shenzhen SEICHI Technologies Co (SHSE:688627) Headlines

No Headlines