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Bescient Technologies Co (SHSE:688671) Inventory-to-Revenue : 4.03 (As of Mar. 2024)


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What is Bescient 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. Bescient Technologies Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥195.0 Mil. Bescient Technologies Co's Revenue for the three months ended in Mar. 2024 was ¥48.4 Mil. Bescient Technologies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 4.03.

Bescient Technologies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.53) to Dec. 2023 (4.03)

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. Bescient Technologies Co's Days Inventory for the three months ended in Mar. 2024 was 565.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bescient Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.16.


Bescient Technologies Co Inventory-to-Revenue Historical Data

The historical data trend for Bescient 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.

Bescient Technologies Co Inventory-to-Revenue Chart

Bescient Technologies Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.46 0.53 0.41 0.39 0.51

Bescient Technologies Co Quarterly Data
Dec19 Dec20 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 2.47 1.92 3.36 1.53 4.03

Competitive Comparison of Bescient Technologies Co's Inventory-to-Revenue

For the Pollution & Treatment Controls subindustry, Bescient 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.


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

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

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



Bescient 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.

Bescient 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 )
=( (169.878 + 186.481) / 2 ) / 350.044
=178.1795 / 350.044
=0.51

Bescient 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 )
=( (186.481 + 203.529) / 2 ) / 48.359
=195.005 / 48.359
=4.03

* 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.


Bescient Technologies Co  (SHSE:688671) 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.

Bescient 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
=195.005/31.477*365 / 4
=565.31

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

Bescient 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 )
=31.477 / 195.005
=0.16

* 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.


Bescient Technologies Co Inventory-to-Revenue Related Terms

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Bescient Technologies Co (SHSE:688671) Business Description

Traded in Other Exchanges
N/A
Address
Liuxian 3rd Road, Xin'an Street, Room 301, Building 2, Runheng Industrial Zone, No. 1, Xingdong, Bao'an, Guangdong, Shenzhen, CHN, 518101
Bescient Technologies Co Ltd is a national high-tech backbone enterprise engaged in the development of environmental automatic monitoring. It has always focused on the independent research and development of scientific instruments and big data and is committed to building multi-industry intelligent applications and services that perceive and interconnect all things, and provide strong technical support for the construction of the national ecological environment, water conservancy and public safety. Its main business involves research and development, production and technical services in the fields of intelligent environmental monitoring equipment, environmental monitoring Internet of Things and ecological environment big data, smart water affairs, digital agriculture, and public security.
Executives
He Yuan Ping Director

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