Tieling Newcity Investment Holding (Group) (SZSE:000809) Inventory-to-Revenue : 1,427.01 (As of Mar. 2024)

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What is Tieling Newcity Investment Holding (Group) 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. Tieling Newcity Investment Holding (Group)'s Average Total Inventories for the quarter that ended in Mar. 2024 was ¥4,044.15 Mil. Tieling Newcity Investment Holding (Group)'s Revenue for the three months ended in Mar. 2024 was ¥2.83 Mil. Tieling Newcity Investment Holding (Group)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1,427.01.

Tieling Newcity Investment Holding (Group)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (489.44) to Dec. 2023 (1,427.01)

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. Tieling Newcity Investment Holding (Group)'s Days Inventory for the three months ended in Mar. 2024 was 58,114.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tieling Newcity Investment Holding (Group)'s Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.

Tieling Newcity Investment Holding (Group) Inventory-to-Revenue Historical Data

The historical data trend for Tieling Newcity Investment Holding (Group)'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.

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Tieling Newcity Investment Holding (Group) Inventory-to-Revenue Chart

Tieling Newcity Investment Holding (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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22.22

24.21

36.01

18.36

170.03

Tieling Newcity Investment Holding (Group) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															675.99	866.32	829.38	489.44	1,427.01

Competitive Comparison of Tieling Newcity Investment Holding (Group)'s Inventory-to-Revenue

For the Real Estate - Development subindustry, Tieling Newcity Investment Holding (Group)'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.

Tieling Newcity Investment Holding (Group)'s Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tieling Newcity Investment Holding (Group)'s Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tieling Newcity Investment Holding (Group)'s Inventory-to-Revenue falls into.

Tieling Newcity Investment Holding (Group) Inventory-to-Revenue Calculation

Tieling Newcity Investment Holding (Group)'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 )
=	( (4044.15	+	4043.921)	/	2 )	/	23.785
=	4044.0355					/	23.785
=	170.02

Tieling Newcity Investment Holding (Group)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (4043.921	+	4044.37)	/	2 )	/	2.834
=	4044.1455					/	2.834
=	1,427.01

Tieling Newcity Investment Holding (Group) (SZSE:000809) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Tieling Newcity Investment Holding (Group)'s Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	4044.1455	/	6.35	*	365 / 4
	=	58,114.69

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

Tieling Newcity Investment Holding (Group)'s Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	6.35	/	4044.1455
	=	0.00

Tieling Newcity Investment Holding (Group) Inventory-to-Revenue Related Terms

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Tieling Newcity Investment Holding (Group) (SZSE:000809) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tieling Newcity Investment Holding (Group) Ltd (SZSE:000809) » Definitions » Inventory-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 12, Jinshajiang Road, Fanhe New District, Liaoning Province, Tieling, CHN, 112000

Website

http://www.tielingnewcity.com.cn

Tieling Newcity Investment Holding Ltd is a China-based company engaged in the land development projects. Its business activities include first-level development business and urban operations. The first-level development business division includes municipal infrastructure construction and land project development. And the urban operations division includes water supply, sewage treatment, taxi operations, and advertising media.

Executives

Han Guang Lin	Director
Li Shi Fan	Director
Zhu Heng	Director
Li Jing Chuan	Supervisors

Tieling Newcity Investment Holding (Group) (SZSE:000809) Headlines

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