What is Digital China Group 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. Digital China Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥12,898 Mil. Digital China Group Co's Revenue for the
three
months ended in Mar. 2024 was ¥29,272 Mil.
Digital China Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.
Digital China Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.32) to Dec. 2023 (0.44)
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.
Digital China Group Co's Days Inventory for the
three
months ended in Mar. 2024 was 42.14.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Digital China Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.17.
Digital China Group Co Inventory-to-Revenue Historical Data
The historical data trend for Digital China Group 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.
Competitive Comparison of Digital China Group Co's Inventory-to-Revenue
For the Information Technology Services subindustry, Digital China Group 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.
Digital China Group Co's Inventory-to-Revenue Distribution in the Software Industry
For the Software industry and Technology sector, Digital China Group Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Digital China Group Co's Inventory-to-Revenue falls into.
Digital China Group 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.
Digital China Group Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Digital China Group Co (SZSE:000034) 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.
Digital China Group Co's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Digital China Group Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Digital China Group Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Digital China Group Co (SZSE:000034) Business Description
Digital China Group Co Ltd is a China-based integrated IT service provider. It is engaged in the business activity of providing services which include product marketing, capital logistics, localized technical support, large data services and cloud computing infrastructure.
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