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Venustech Group (SZSE:002439) Inventory-to-Revenue : 0.52 (As of Mar. 2024)


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What is Venustech Group 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. Venustech Group's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥476 Mil. Venustech Group's Revenue for the three months ended in Mar. 2024 was ¥923 Mil. Venustech Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.52.

Venustech Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.22) to Dec. 2023 (0.52)

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. Venustech Group's Days Inventory for the three months ended in Mar. 2024 was 95.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Venustech Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.95.


Venustech Group Inventory-to-Revenue Historical Data

The historical data trend for Venustech Group'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.

Venustech Group Inventory-to-Revenue Chart

Venustech Group 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 0.07 0.09 0.10 0.10 0.10

Venustech Group 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 0.50 0.48 0.36 0.22 0.52

Competitive Comparison of Venustech Group's Inventory-to-Revenue

For the Software - Infrastructure subindustry, Venustech Group'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.


Venustech Group's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Venustech Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Venustech Group's Inventory-to-Revenue falls into.



Venustech Group 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.

Venustech Group'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 )
=( (447.655 + 485.244) / 2 ) / 4506.912
=466.4495 / 4506.912
=0.10

Venustech Group'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 )
=( (485.244 + 466.539) / 2 ) / 922.613
=475.8915 / 922.613
=0.52

* 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.


Venustech Group  (SZSE:002439) 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.

Venustech Group'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
=475.8915/453.788*365 / 4
=95.69

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

Venustech Group'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 )
=453.788 / 475.8915
=0.95

* 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.


Venustech Group Inventory-to-Revenue Related Terms

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Venustech Group (SZSE:002439) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Northeast Wangxi Road, 1st Floor, Qimingxing Building, Building 21, Zhongguancun Software Park, Haidian District, Beijing, CHN
Venustech Group Inc is a provider of network security products, trusted security management platform, as well as specialized security services and solutions in China.
Executives
Qi Jian Director
Wang Jia Directors, executives
Zhang Yuan Directors, executives
Yan Li Directors, executives
Liu Ke Quan Directors, executives
Xie Qi Zhi Supervisors
Pan Zhong Yu Directors, executives
Zhong Dan Securities Affairs Representative
Liu Xing Chi Supervisors
Qiu Wei Executives

Venustech Group (SZSE:002439) Headlines

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