What is Yuan Longping High-tech Agriculture 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. Yuan Longping High-tech Agriculture Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥4,352 Mil. Yuan Longping High-tech Agriculture Co's Revenue for the
three
months ended in Mar. 2024 was ¥2,072 Mil.
Yuan Longping High-tech Agriculture Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.10.
Yuan Longping High-tech Agriculture Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.45) to Dec. 2023 (2.10)
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.
Yuan Longping High-tech Agriculture Co's Days Inventory for the
three
months ended in Mar. 2024 was 313.09.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Yuan Longping High-tech Agriculture Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.29.
Yuan Longping High-tech Agriculture 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.
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Yuan Longping High-tech Agriculture Co Inventory-to-Revenue Chart
Yuan Longping High-tech Agriculture Co Annual Data
Competitive Comparison of Yuan Longping High-tech Agriculture Co's Inventory-to-Revenue
For the Farm Products subindustry, Yuan Longping High-tech Agriculture 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.
Yuan Longping High-tech Agriculture Co's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Yuan Longping High-tech Agriculture Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Yuan Longping High-tech Agriculture Co's Inventory-to-Revenue falls into.
Yuan Longping High-tech Agriculture 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.
Yuan Longping High-tech Agriculture Co (SZSE:000998) 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.
Yuan Longping High-tech Agriculture 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.
Yuan Longping High-tech Agriculture Co Inventory-to-Revenue Related Terms
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Yuan Longping High-tech Agriculture Co (SZSE:000998) Business Description
Yuan Longping High-tech Agriculture Co Ltd is a China-based company engaged in the research, production, and sale of seeds, hybrid rice, pepper, corn, cotton, and vegetables. In addition, the company also provides agricultural services like precision planting technology, new professional peasant training, quality grain trading platform, cultivated land rehabilitation and development, brand agriculture and agricultural finance. The company creates an agricultural integrated service platform by including peasants, dealers and other means of agricultural production, finance, and other partners into the integrated service ecological circle.
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