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Suzhou Hailu Heavy Industry Co (SZSE:002255) Inventory-to-Revenue : 3.36 (As of Mar. 2024)


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What is Suzhou Hailu Heavy Industry 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. Suzhou Hailu Heavy Industry Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,562 Mil. Suzhou Hailu Heavy Industry Co's Revenue for the three months ended in Mar. 2024 was ¥465 Mil. Suzhou Hailu Heavy Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.36.

Suzhou Hailu Heavy Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.56) to Dec. 2023 (3.36)

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. Suzhou Hailu Heavy Industry Co's Days Inventory for the three months ended in Mar. 2024 was 406.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suzhou Hailu Heavy Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.


Suzhou Hailu Heavy Industry Co Inventory-to-Revenue Historical Data

The historical data trend for Suzhou Hailu Heavy Industry 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.

Suzhou Hailu Heavy Industry Co Inventory-to-Revenue Chart

Suzhou Hailu Heavy Industry 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 0.47 0.46 0.41 0.53 0.52

Suzhou Hailu Heavy Industry Co 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 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 3.26 1.84 3.07 1.56 3.36

Competitive Comparison of Suzhou Hailu Heavy Industry Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Suzhou Hailu Heavy Industry 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.


Suzhou Hailu Heavy Industry Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Hailu Heavy Industry Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Suzhou Hailu Heavy Industry Co's Inventory-to-Revenue falls into.



Suzhou Hailu Heavy Industry 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.

Suzhou Hailu Heavy Industry 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 )
=( (1365.796 + 1545.161) / 2 ) / 2795.216
=1455.4785 / 2795.216
=0.52

Suzhou Hailu Heavy Industry Co'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 )
=( (1545.161 + 1578.873) / 2 ) / 465.377
=1562.017 / 465.377
=3.36

* 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.


Suzhou Hailu Heavy Industry Co  (SZSE:002255) 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.

Suzhou Hailu Heavy Industry Co'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
=1562.017/350.357*365 / 4
=406.83

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

Suzhou Hailu Heavy Industry Co'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 )
=350.357 / 1562.017
=0.22

* 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.


Suzhou Hailu Heavy Industry Co Inventory-to-Revenue Related Terms

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Suzhou Hailu Heavy Industry Co (SZSE:002255) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Renmin West Road, Yangshe Town, Zhangjiagang, Jiangsu, CHN, 215600
Suzhou Hailu Heavy Industry Co Ltd is engaged in the manufacturing of energy saving and environmental protection equipment. The products of the company include boiler products, large pressure vessels, nuclear power equipment, low temperature and environmental protection projects.
Executives
Xu Ran Executives
Zhu Jian Zhong Directors, executives
Wang Ping Supervisors
Zou Xue Feng Supervisors
Xu Yuan Sheng Directors, executives
Zhou Zhong Sheng Independent director
Pan Jian Hua Directors, executives
Chen Ji Qiang Directors, executives
Min Ping Qiang Supervisors
Zhou Hua Executives
Zhang Guo Yi Directors, executives
Zhang Wei Bing Director
Song Ju Neng Executives
Hui Jian Ming Directors, executives

Suzhou Hailu Heavy Industry Co (SZSE:002255) Headlines

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