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Huizhou China Eagle Electronic Technology (SZSE:002579) Inventory-to-Revenue : 0.85 (As of Jun. 2024)


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What is Huizhou China Eagle Electronic Technology 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. Huizhou China Eagle Electronic Technology's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥574 Mil. Huizhou China Eagle Electronic Technology's Revenue for the three months ended in Jun. 2024 was ¥672 Mil. Huizhou China Eagle Electronic Technology's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.85.

Huizhou China Eagle Electronic Technology's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (0.86) to Mar. 2024 (0.85)

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. Huizhou China Eagle Electronic Technology's Days Inventory for the three months ended in Jun. 2024 was 87.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huizhou China Eagle Electronic Technology's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.05.


Huizhou China Eagle Electronic Technology Inventory-to-Revenue Historical Data

The historical data trend for Huizhou China Eagle Electronic Technology'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.

Huizhou China Eagle Electronic Technology Inventory-to-Revenue Chart

Huizhou China Eagle Electronic Technology 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 0.17 0.18 0.20 0.23 0.24

Huizhou China Eagle Electronic Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.89 0.93 0.87 0.86 0.85

Competitive Comparison of Huizhou China Eagle Electronic Technology's Inventory-to-Revenue

For the Electronic Components subindustry, Huizhou China Eagle Electronic Technology'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.


Huizhou China Eagle Electronic Technology's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Huizhou China Eagle Electronic Technology's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Huizhou China Eagle Electronic Technology's Inventory-to-Revenue falls into.



Huizhou China Eagle Electronic Technology 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.

Huizhou China Eagle Electronic Technology'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 )
=( (654.571 + 598.215) / 2 ) / 2623.767
=626.393 / 2623.767
=0.24

Huizhou China Eagle Electronic Technology's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (533.591 + 614.521) / 2 ) / 671.859
=574.056 / 671.859
=0.85

* 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.


Huizhou China Eagle Electronic Technology  (SZSE:002579) 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.

Huizhou China Eagle Electronic Technology's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=574.056/599.909*365 / 4
=87.32

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

Huizhou China Eagle Electronic Technology's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=599.909 / 574.056
=1.05

* 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.


Huizhou China Eagle Electronic Technology Inventory-to-Revenue Related Terms

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Huizhou China Eagle Electronic Technology Business Description

Traded in Other Exchanges
N/A
Address
Number 1 Zhongjing Road, Chenjiang Street, Zhongkai High-tech Zone, Guangdong Province, Huizhou, CHN
Huizhou China Eagle Electronic Technology Co Ltd researches and develops, produces, and sells printed circuit boards (PCBs) in China and internationally. Its products include offers high-end multilayer, high-density interconnect, and flexible PCBs. The company's products are used in consumer electronics, network communications, computers, automotive electronics, security industrial controls, medical equipment and artificial intelligence systems, Internet of things, smart wears and AR / VR, drones.
Executives
Wang Qin Sheng Executives
Yang Peng Fei Directors, executives
Duan Lun Yong Executives
Chen Ru Ping Secretary Dong
Huang Ruo Lei Securities Affairs Representative
Liu De Wei Directors, executives
Yu Xiang Bin Directors, Directors, and Executives
Yang Lin Director

Huizhou China Eagle Electronic Technology Headlines

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