GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chongqing Changjiang River Moulding Material (Group) Co Ltd (SZSE:001296) » Definitions » Inventory-to-Revenue

Chongqing Changjiang River Moulding Material (Group) Co (SZSE:001296) Inventory-to-Revenue : 1.00 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Chongqing Changjiang River Moulding Material (Group) 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. Chongqing Changjiang River Moulding Material (Group) Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥248 Mil. Chongqing Changjiang River Moulding Material (Group) Co's Revenue for the three months ended in Sep. 2024 was ¥248 Mil. Chongqing Changjiang River Moulding Material (Group) Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.00.

Chongqing Changjiang River Moulding Material (Group) Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (0.87) to Jun. 2024 (1.00)

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. Chongqing Changjiang River Moulding Material (Group) Co's Days Inventory for the three months ended in Sep. 2024 was 117.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chongqing Changjiang River Moulding Material (Group) Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.78.


Chongqing Changjiang River Moulding Material (Group) Co Inventory-to-Revenue Historical Data

The historical data trend for Chongqing Changjiang River Moulding Material (Group) 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.

Chongqing Changjiang River Moulding Material (Group) Co Inventory-to-Revenue Chart

Chongqing Changjiang River Moulding Material (Group) Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.17 0.20 0.19 0.19

Chongqing Changjiang River Moulding Material (Group) Co Quarterly Data
Jun17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 1.24 0.66 1.08 0.87 1.00

Competitive Comparison of Chongqing Changjiang River Moulding Material (Group) Co's Inventory-to-Revenue

For the Metal Fabrication subindustry, Chongqing Changjiang River Moulding Material (Group) 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.


Chongqing Changjiang River Moulding Material (Group) Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chongqing Changjiang River Moulding Material (Group) Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Chongqing Changjiang River Moulding Material (Group) Co's Inventory-to-Revenue falls into.



Chongqing Changjiang River Moulding Material (Group) 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.

Chongqing Changjiang River Moulding Material (Group) 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 )
=( (179.852 + 194.865) / 2 ) / 1007.597
=187.3585 / 1007.597
=0.19

Chongqing Changjiang River Moulding Material (Group) 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 )
=( (249.957 + 245.426) / 2 ) / 248.438
=247.6915 / 248.438
=1.00

* 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.


Chongqing Changjiang River Moulding Material (Group) Co  (SZSE:001296) 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.

Chongqing Changjiang River Moulding Material (Group) 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
=247.6915/192.274*365 / 4
=117.55

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

Chongqing Changjiang River Moulding Material (Group) 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 )
=192.274 / 247.6915
=0.78

* 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.


Chongqing Changjiang River Moulding Material (Group) Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Chongqing Changjiang River Moulding Material (Group) Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Chongqing Changjiang River Moulding Material (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Wuxing Middle Road, Tongjiaxi Town, Beibei District, Chongqing, CHN, 400709
Chongqing Changjiang River Moulding Material (Group) Co Ltd specializes in making resin coated sand, reclaiming used foundry sand, producing auxiliary materials for foundry industry, making sand cores for foundries, and manufacturing proppant for oil and gas industry.

Chongqing Changjiang River Moulding Material (Group) Co Headlines

No Headlines