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Zhengzhou Suda Industry Machinery Service Co (SZSE:001277) Inventory-to-Revenue : 0.94 (As of Sep. 2024)


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What is Zhengzhou Suda Industry Machinery Service 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. Zhengzhou Suda Industry Machinery Service Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥259.8 Mil. Zhengzhou Suda Industry Machinery Service Co's Revenue for the three months ended in Sep. 2024 was ¥276.8 Mil. Zhengzhou Suda Industry Machinery Service Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.94.

Zhengzhou Suda Industry Machinery Service Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (0.00) to Jun. 2024 (0.94)

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. Zhengzhou Suda Industry Machinery Service Co's Days Inventory for the three months ended in Sep. 2024 was 113.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhengzhou Suda Industry Machinery Service Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.80.


Zhengzhou Suda Industry Machinery Service Co Inventory-to-Revenue Historical Data

The historical data trend for Zhengzhou Suda Industry Machinery Service 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.

* Premium members only.

Zhengzhou Suda Industry Machinery Service Co Inventory-to-Revenue Chart

Zhengzhou Suda Industry Machinery Service Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.16 0.22 0.23 0.18

Zhengzhou Suda Industry Machinery Service Co Quarterly Data
Dec14 Mar15 Jun15 Dec15 Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.93 0.60 - 0.94

Competitive Comparison of Zhengzhou Suda Industry Machinery Service Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Zhengzhou Suda Industry Machinery Service 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.


Zhengzhou Suda Industry Machinery Service Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhengzhou Suda Industry Machinery Service Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Zhengzhou Suda Industry Machinery Service Co's Inventory-to-Revenue falls into.



Zhengzhou Suda Industry Machinery Service 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.

Zhengzhou Suda Industry Machinery Service Co'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 )
=( (211.226 + 247.147) / 2 ) / 1253.351
=229.1865 / 1253.351
=0.18

Zhengzhou Suda Industry Machinery Service Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (259.935 + 259.57) / 2 ) / 276.829
=259.7525 / 276.829
=0.94

* 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.


Zhengzhou Suda Industry Machinery Service Co  (SZSE:001277) 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.

Zhengzhou Suda Industry Machinery Service Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=259.7525/208.232*365 / 4
=113.83

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

Zhengzhou Suda Industry Machinery Service Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=208.232 / 259.7525
=0.80

* 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.


Zhengzhou Suda Industry Machinery Service Co Inventory-to-Revenue Related Terms

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Zhengzhou Suda Industry Machinery Service Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
West of the intersection of Huanghai Road and Planning Industrial Fifth Street, Aviation Port Economic Comprehensive Experimental Zone, Henan Province, Zhengzhou, CHN, 451163
Zhengzhou Suda Industry Machinery Service Co Ltd is focusing on the hydraulic support of coal mining equipment. It provide comprehensive after-market services such as maintenance and remanufacturing, spare parts supply management, and second-hand equipment rental and sales to coal production enterprises, and provide fluid connection products to mechanical equipment manufacturers.

Zhengzhou Suda Industry Machinery Service Co Headlines

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