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. Jiugui Liquor Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,573 Mil. Jiugui Liquor Co's Revenue for the
three
months ended in Mar. 2024 was ¥494 Mil.
Jiugui Liquor Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.19.
Jiugui Liquor Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (2.19) to Dec. 2023 (3.19)
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.
Jiugui Liquor Co's Days Inventory for the
three
months ended in Mar. 2024 was 1,005.06.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Jiugui Liquor Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.09.
Jiugui Liquor Co Inventory-to-Revenue Historical Data
The historical data trend for Jiugui Liquor 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 Jiugui Liquor Co's Inventory-to-Revenue
For the Beverages - Wineries & Distilleries subindustry, Jiugui Liquor 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.
Jiugui Liquor Co's Inventory-to-Revenue Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiugui Liquor Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Jiugui Liquor Co's Inventory-to-Revenue falls into.
Jiugui Liquor 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.
Jiugui Liquor 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.
Jiugui Liquor Co (SZSE:000799) 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.
Jiugui Liquor 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.
Jiugui Liquor Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Jiugui Liquor Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Jiugui Liquor Co (SZSE:000799) Business Description
Located in western Hunan province, Jiugui Liquor is a typical "Fuyu" flavor baijiu that is characterized with its special culture in both brewing technique and product packaging. The company's product portfolio ranges from low to subpremium segments, with the key products Neican, Jiugui, and Xiangquan respectively contributing 29%, 56% and 15% of total sales revenue in 2022. China National Cereals, Oils and Foodstuffs Corporation, commonly known as Cofco, is the controlling shareholder, with a 15.5% equity stake as of December 2022.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:000799 has been successfully added to your 