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Tianjin Motor Dies Co (SZSE:002510) Inventory-to-Revenue : 3.70 (As of Mar. 2024)


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What is Tianjin Motor Dies 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. Tianjin Motor Dies Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,662 Mil. Tianjin Motor Dies Co's Revenue for the three months ended in Mar. 2024 was ¥449 Mil. Tianjin Motor Dies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.70.

Tianjin Motor Dies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.63) to Dec. 2023 (3.70)

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. Tianjin Motor Dies Co's Days Inventory for the three months ended in Mar. 2024 was 412.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianjin Motor Dies Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.


Tianjin Motor Dies Co Inventory-to-Revenue Historical Data

The historical data trend for Tianjin Motor Dies 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.

Tianjin Motor Dies Co Inventory-to-Revenue Chart

Tianjin Motor Dies 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 0.48 0.80 0.73 0.65 0.61

Tianjin Motor Dies 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 3.98 3.00 3.58 1.63 3.70

Competitive Comparison of Tianjin Motor Dies Co's Inventory-to-Revenue

For the Auto Parts subindustry, Tianjin Motor Dies 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.


Tianjin Motor Dies Co's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tianjin Motor Dies Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tianjin Motor Dies Co's Inventory-to-Revenue falls into.



Tianjin Motor Dies 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.

Tianjin Motor Dies 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 )
=( (1802.478 + 1633.087) / 2 ) / 2796.174
=1717.7825 / 2796.174
=0.61

Tianjin Motor Dies 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 )
=( (1633.087 + 1690.3) / 2 ) / 449.227
=1661.6935 / 449.227
=3.70

* 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.


Tianjin Motor Dies Co  (SZSE:002510) 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.

Tianjin Motor Dies 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
=1661.6935/367.924*365 / 4
=412.12

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

Tianjin Motor Dies 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 )
=367.924 / 1661.6935
=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.


Tianjin Motor Dies Co Inventory-to-Revenue Related Terms

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Tianjin Motor Dies Co (SZSE:002510) Business Description

Traded in Other Exchanges
N/A
Address
77 Hangtian Road, Airport Industrial Park, Tianjin, CHN, 300308
Tianjin Motor Dies Co Ltd manufactures and sells dies for the automotive industry. It also offers auto molds, stamping products, and welding fixtures.
Executives
Wang Jin Kui Director
Gao Xian Chen Directors, executives
Deng Ying Hua Executives
Luo Fen Supervisors
He Xu Supervisors
Dong Shu Xin Directors, executives
Zhao Wen Jie Directors, executives
Wang Zi Ling Supervisors
Chang Shi Ping Director
Ren Wei Secretary, Director
Bao Jian Xin Supervisors
Yin Bao Ru Directors, executives
Zhang Yi Sheng Directors, executives
Hu Jin Sheng Director
Ge Zhong Supervisors

Tianjin Motor Dies Co (SZSE:002510) Headlines

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