What is Sichuan Meifeng Chemical Industry 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. Sichuan Meifeng Chemical Industry Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥682 Mil. Sichuan Meifeng Chemical Industry Co's Revenue for the
three
months ended in Mar. 2024 was ¥862 Mil.
Sichuan Meifeng Chemical Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.79.
Sichuan Meifeng Chemical Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.59) to Dec. 2023 (0.79)
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.
Sichuan Meifeng Chemical Industry Co's Days Inventory for the
three
months ended in Mar. 2024 was 89.71.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sichuan Meifeng Chemical Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.02.
Sichuan Meifeng Chemical Industry Co Inventory-to-Revenue Historical Data
* 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.
Sichuan Meifeng Chemical Industry Co Inventory-to-Revenue Chart
Competitive Comparison of Sichuan Meifeng Chemical Industry Co's Inventory-to-Revenue
For the Agricultural Inputs subindustry, Sichuan Meifeng Chemical 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.
Sichuan Meifeng Chemical Industry Co's Inventory-to-Revenue Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, Sichuan Meifeng Chemical Industry Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Sichuan Meifeng Chemical Industry Co's Inventory-to-Revenue falls into.
Sichuan Meifeng Chemical 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.
* 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.
Sichuan Meifeng Chemical Industry Co (SZSE:000731) 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.
Sichuan Meifeng Chemical 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.
Sichuan Meifeng Chemical Industry Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Sichuan Meifeng Chemical Industry Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Sichuan Meifeng Chemical Industry Co (SZSE:000731) Business Description
Sichuan Meifeng Chemical Industry Co Ltd is a China-based chemical production enterprise. The chemical products offered by the company are urea, compound fertilizer, melamine, diesel exhaust gas treatment, nitric acid, ammonium nitrate, plastic-woven products and heavy-duty film packaging bags. Geographically operates through China.
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