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. NanJi E-Commerce Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥37 Mil. NanJi E-Commerce Co's Revenue for the
three
months ended in Mar. 2024 was ¥715 Mil.
NanJi E-Commerce Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.
NanJi E-Commerce Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.06) to Dec. 2023 (0.05)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NanJi E-Commerce Co's Days Inventory for the
three
months ended in Mar. 2024 was 5.62.
Inventory Turnover measures how fast the company turns over its inventory within a year.
NanJi E-Commerce Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 16.23.
NanJi E-Commerce Co Inventory-to-Revenue Historical Data
The historical data trend for NanJi E-Commerce 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 NanJi E-Commerce Co's Inventory-to-Revenue
For the Internet Content & Information subindustry, NanJi E-Commerce 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.
NanJi E-Commerce Co's Inventory-to-Revenue Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NanJi E-Commerce Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where NanJi E-Commerce Co's Inventory-to-Revenue falls into.
NanJi E-Commerce 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.
NanJi E-Commerce 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.
NanJi E-Commerce Co (SZSE:002127) 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.
NanJi E-Commerce 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.
NanJi E-Commerce Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of NanJi E-Commerce Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
NanJi E-Commerce Co (SZSE:002127) Business Description
NanJi E-Commerce Co Ltd is a marketing and advertising company. Its main business is brand integrated services, dealer brand authorization services, mobile Internet marketing business, and other businesses. It is also engaged in the e-commerce channels to build consumer goods giant with brand authorization and industry chain service. Its categories include bedding, menswear, womenswear, childrenswear, maternal and infant, healthy life, etc. The company operates in two segments that are NJBU business and NJBU business and Timelink business. The majority of the revenue is generated from the Timelink business which is engaged in the Internet advertising business. All of its revenue is generated from China.
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