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Macmic Science & Technology Co (SHSE:688711) Inventory-to-Revenue : 1.94 (As of Mar. 2024)


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What is Macmic Science & 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. Macmic Science & Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥479 Mil. Macmic Science & Technology Co's Revenue for the three months ended in Mar. 2024 was ¥246 Mil. Macmic Science & Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.94.

Macmic Science & Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.24) to Dec. 2023 (1.94)

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. Macmic Science & Technology Co's Days Inventory for the three months ended in Mar. 2024 was 210.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Macmic Science & Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.43.


Macmic Science & Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Macmic Science & 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.

Macmic Science & Technology Co Inventory-to-Revenue Chart

Macmic Science & Technology Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.27 0.22 0.20 0.23

Macmic Science & Technology Co Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.78 1.11 1.24 1.94

Competitive Comparison of Macmic Science & Technology Co's Inventory-to-Revenue

For the Semiconductors subindustry, Macmic Science & 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.


Macmic Science & Technology Co's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Macmic Science & Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Macmic Science & Technology Co's Inventory-to-Revenue falls into.



Macmic Science & 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.

Macmic Science & Technology 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 )
=( (229.162 + 462.538) / 2 ) / 1504.739
=345.85 / 1504.739
=0.23

Macmic Science & Technology 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 )
=( (462.538 + 494.872) / 2 ) / 246.424
=478.705 / 246.424
=1.94

* 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.


Macmic Science & Technology Co  (SHSE:688711) 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.

Macmic Science & Technology 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
=478.705/207.303*365 / 4
=210.71

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

Macmic Science & Technology 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 )
=207.303 / 478.705
=0.43

* 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.


Macmic Science & Technology Co Inventory-to-Revenue Related Terms

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Macmic Science & Technology Co (SHSE:688711) Business Description

Traded in Other Exchanges
N/A
Address
18 Huashan Middle Road,, Jiangsu Province, Changzhou, CHN, 213022
Macmic Science & Technology Co Ltd is engaged in the design, research and development, production and sales of power semiconductor chips, single tubes, modules and power modules based on IGBT and FRED.
Executives
Yu Yi Zhang Core technical personnel
Xu Chun Feng senior management
Li Si Ping Director
Chang Dong Lai senior management
Ding Zi Wen Directors, senior managers
Liu Li Feng Directors, senior managers
Wang Xiao Bao Senior management, core technical personnel

Macmic Science & Technology Co (SHSE:688711) Headlines

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