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. Baota Industry Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥185.9 Mil. Baota Industry Co's Revenue for the
three
months ended in Mar. 2024 was ¥57.2 Mil.
Baota Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.25.
Baota Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (1.73) to Dec. 2023 (3.25)
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.
Baota Industry Co's Days Inventory for the
three
months ended in Mar. 2024 was 293.64.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Baota Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.31.
Baota Industry Co Inventory-to-Revenue Historical Data
The historical data trend for Baota Industry 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 Baota Industry Co's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Baota Industry 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.
Baota Industry Co's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Baota Industry Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Baota Industry Co's Inventory-to-Revenue falls into.
Baota Industry 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.
Baota Industry 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.
Baota Industry Co (SZSE:000595) 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.
Baota Industry 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.
Baota Industry Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Baota Industry Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Baota Industry Co (SZSE:000595) Business Description
Baota Industry Co Ltd operates in the bearing industry. The company can produce bearings from 40mm to 3500mm in diameter. The products of the company are used in rail transit, military industry, precision motor, petroleum machinery, metallurgy machinery, heavy truck, construction machinery, mining machinery, cement machinery and hydraulic engineering. Its products are sold all over China and exported to over 50 countries and regions, such as Europe, America, Asia, and Africa.
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