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Foshan Nationstar Optoelectronics Co (SZSE:002449) Inventory-to-Revenue : 1.13 (As of Sep. 2024)


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What is Foshan Nationstar Optoelectronics 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. Foshan Nationstar Optoelectronics Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥942 Mil. Foshan Nationstar Optoelectronics Co's Revenue for the three months ended in Sep. 2024 was ¥835 Mil. Foshan Nationstar Optoelectronics Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.13.

Foshan Nationstar Optoelectronics Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (0.96) to Jun. 2024 (1.13)

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. Foshan Nationstar Optoelectronics Co's Days Inventory for the three months ended in Sep. 2024 was 116.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Foshan Nationstar Optoelectronics Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.78.


Foshan Nationstar Optoelectronics Co Inventory-to-Revenue Historical Data

The historical data trend for Foshan Nationstar Optoelectronics 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.

Foshan Nationstar Optoelectronics Co Inventory-to-Revenue Chart

Foshan Nationstar Optoelectronics 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 0.22 0.29 0.23 0.26 0.27

Foshan Nationstar Optoelectronics Co Quarterly Data
Dec19 Mar20 Jun20 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 0.97 1.04 0.95 0.96 1.13

Competitive Comparison of Foshan Nationstar Optoelectronics Co's Inventory-to-Revenue

For the Semiconductors subindustry, Foshan Nationstar Optoelectronics 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.


Foshan Nationstar Optoelectronics Co's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Foshan Nationstar Optoelectronics Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Foshan Nationstar Optoelectronics Co's Inventory-to-Revenue falls into.



Foshan Nationstar Optoelectronics 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.

Foshan Nationstar Optoelectronics 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 )
=( (931.168 + 947.816) / 2 ) / 3541.637
=939.492 / 3541.637
=0.27

Foshan Nationstar Optoelectronics 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 )
=( (915.364 + 968.667) / 2 ) / 834.547
=942.0155 / 834.547
=1.13

* 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.


Foshan Nationstar Optoelectronics Co  (SZSE:002449) 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.

Foshan Nationstar Optoelectronics 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
=942.0155/737.241*365 / 4
=116.60

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

Foshan Nationstar Optoelectronics 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 )
=737.241 / 942.0155
=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.


Foshan Nationstar Optoelectronics Co Inventory-to-Revenue Related Terms

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Foshan Nationstar Optoelectronics Co Business Description

Traded in Other Exchanges
N/A
Address
NO.18 South Hua Bao Road, Chan Cheng District, FoShan, GuangDong, CHN, 528000
Foshan Nationstar Optoelectronics Co Ltd is a China-based company. It manufactures and sells LED and LED applied products. The company offers LED packaging technology and devices, including high-speed die bonding, wire bonding, precise color testing and bin-sorting machines, etc., as well as full-color LEDs for indoor and outdoor displays; and components for lighting, such as flip-chips, chip-on-board, and CSPs for a range of applications comprising illuminaires.
Executives
Wang Hai Jun Executives
Li Cheng Directors, executives
Lei Zi He Directors, executives
Li Qi Ying Executives
Wang Yao Hao Director
Wei Cui E Executives
Li Xu Feng Supervisors
Song Dai Hui Executives
Wang Sen Directors, executives
Chen Rui Tian Executives
Yan Xing Supervisors
Cai Ju Yi Supervisors
Yu Bin Hai Director
Zhang Jian Qi Director

Foshan Nationstar Optoelectronics Co Headlines

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