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SZHNF (Shenzhen China Bicycle Co Holding) Inventory-to-Revenue : 0.76 (As of Jun. 2024)


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What is Shenzhen China Bicycle Co Holding 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 China Bicycle Co Holding's Average Total Inventories for the quarter that ended in Jun. 2024 was $10.62 Mil. Shenzhen China Bicycle Co Holding's Revenue for the three months ended in Jun. 2024 was $13.92 Mil. Shenzhen China Bicycle Co Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.76.

Shenzhen China Bicycle Co Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2024 increased from Mar. 2024 (0.66) to Mar. 2024 (0.76)

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 China Bicycle Co Holding's Days Inventory for the three months ended in Jun. 2024 was 74.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen China Bicycle Co Holding's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.23.


Shenzhen China Bicycle Co Holding Inventory-to-Revenue Historical Data

The historical data trend for Shenzhen China Bicycle Co Holding'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 China Bicycle Co Holding Inventory-to-Revenue Chart

Shenzhen China Bicycle Co Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.05 0.06 0.12

Shenzhen China Bicycle Co Holding Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.25 4.02 0.75 0.66 0.76

Competitive Comparison of Shenzhen China Bicycle Co Holding's Inventory-to-Revenue

For the Leisure subindustry, Shenzhen China Bicycle Co Holding'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 China Bicycle Co Holding's Inventory-to-Revenue Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shenzhen China Bicycle Co Holding's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shenzhen China Bicycle Co Holding's Inventory-to-Revenue falls into.



Shenzhen China Bicycle Co Holding 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 China Bicycle Co Holding'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 )
=( (6.915 + 11.473) / 2 ) / 79.617
=9.194 / 79.617
=0.12

Shenzhen China Bicycle Co Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (9.101 + 12.146) / 2 ) / 13.915
=10.6235 / 13.915
=0.76

* 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 China Bicycle Co Holding  (GREY:SZHNF) 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 China Bicycle Co Holding's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=10.6235/13.014*365 / 4
=74.49

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

Shenzhen China Bicycle Co Holding's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=13.014 / 10.6235
=1.23

* 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 China Bicycle Co Holding Inventory-to-Revenue Related Terms

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Shenzhen China Bicycle Co Holding Business Description

Traded in Other Exchanges
Address
No.31 Bagua Road, 501 Zhongxin Technology Building, Futian District, Bagualing, Shenzhen, CHN, 518029
Shenzhen China Bicycle Co Holding Ltd is a China-based company engaged in the manufacturing and selling of Bicycles. The company belongs to the machinery manufacture industry and mainly engages in the production and assembly of various bicycles and spare parts, components, parts, mechanical products, sports machinery, fine chemicals, carbon fiber composites material, household electrical appliance, and affiliated components. It operates in two segments: Jewelry Gold Business and Bicycle lithium battery materials & other business.

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