What is Feilong Auto Components 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. Feilong Auto Components Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥961 Mil. Feilong Auto Components Co's Revenue for the
three
months ended in Mar. 2024 was ¥1,240 Mil.
Feilong Auto Components Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.78.
Feilong Auto Components Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.97) to Dec. 2023 (0.78)
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.
Feilong Auto Components Co's Days Inventory for the
three
months ended in Mar. 2024 was 88.94.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Feilong Auto Components Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.03.
Feilong Auto Components Co Inventory-to-Revenue Historical Data
* 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.
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Feilong Auto Components Co Inventory-to-Revenue Chart
Competitive Comparison of Feilong Auto Components Co's Inventory-to-Revenue
For the Auto Parts subindustry, Feilong Auto Components 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.
Feilong Auto Components Co's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Feilong Auto Components Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Feilong Auto Components Co's Inventory-to-Revenue falls into.
Feilong Auto Components 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.
Feilong Auto Components 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.
Feilong Auto Components Co (SZSE:002536) 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.
Feilong Auto Components 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.
Feilong Auto Components Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Feilong Auto Components Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Feilong Auto Components Co (SZSE:002536) Business Description
Feilong Auto Components Co Ltd through its subsidiaries is engaged in manufacturing and selling automobile parts in the People's Republic of China and internationally. It offers products such as Automobile water pumps under the Feilong brand; and Engine intake and Exhaust manifolds, Flywheel housings, Turbocharger, Die and gravity castings, Turbine housings, and Oil pumps, among other products.
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