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Jiangsu Shuangxing Color Plastic New Materials Co (SZSE:002585) Inventory-to-Revenue : 1.60 (As of Sep. 2024)


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What is Jiangsu Shuangxing Color Plastic New Materials 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. Jiangsu Shuangxing Color Plastic New Materials Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥2,403 Mil. Jiangsu Shuangxing Color Plastic New Materials Co's Revenue for the three months ended in Sep. 2024 was ¥1,506 Mil. Jiangsu Shuangxing Color Plastic New Materials Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.60.

Jiangsu Shuangxing Color Plastic New Materials Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (1.58) to Jun. 2024 (1.60)

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. Jiangsu Shuangxing Color Plastic New Materials Co's Days Inventory for the three months ended in Sep. 2024 was 143.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Shuangxing Color Plastic New Materials Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.63.


Jiangsu Shuangxing Color Plastic New Materials Co Inventory-to-Revenue Historical Data

The historical data trend for Jiangsu Shuangxing Color Plastic New Materials 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.

Jiangsu Shuangxing Color Plastic New Materials Co Inventory-to-Revenue Chart

Jiangsu Shuangxing Color Plastic New Materials 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 0.30 0.24 0.23 0.30 0.39

Jiangsu Shuangxing Color Plastic New Materials 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 1.59 1.52 1.57 1.58 1.60

Competitive Comparison of Jiangsu Shuangxing Color Plastic New Materials Co's Inventory-to-Revenue

For the Packaging & Containers subindustry, Jiangsu Shuangxing Color Plastic New Materials 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.


Jiangsu Shuangxing Color Plastic New Materials Co's Inventory-to-Revenue Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jiangsu Shuangxing Color Plastic New Materials Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Jiangsu Shuangxing Color Plastic New Materials Co's Inventory-to-Revenue falls into.



Jiangsu Shuangxing Color Plastic New Materials 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.

Jiangsu Shuangxing Color Plastic New Materials 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 )
=( (2062.951 + 2102.14) / 2 ) / 5289.456
=2082.5455 / 5289.456
=0.39

Jiangsu Shuangxing Color Plastic New Materials 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 )
=( (2326.5 + 2480.193) / 2 ) / 1506.422
=2403.3465 / 1506.422
=1.60

* 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.


Jiangsu Shuangxing Color Plastic New Materials Co  (SZSE:002585) 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.

Jiangsu Shuangxing Color Plastic New Materials 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
=2403.3465/1524.001*365 / 4
=143.90

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

Jiangsu Shuangxing Color Plastic New Materials 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 )
=1524.001 / 2403.3465
=0.63

* 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.


Jiangsu Shuangxing Color Plastic New Materials Co Inventory-to-Revenue Related Terms

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Jiangsu Shuangxing Color Plastic New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
1 Jingtou Street, Suqian City, Jiangsu Province, CHN, 223808
Jiangsu Shuangxing Color Plastic New Materials Co Ltd is engaged in the development and production of plastic packaging materials in China. Its products include Metallized Film, Ployester Film, Hot Stamping Film, Transfer Film, Card Protection Film, Yarn Grade Film, Decorative Film, Laser Film, Thermal Sealable Film and Solar Film. The company distributes its products in domestic and to overseas markets.
Executives
Ding Yan Sen Executives
Li Ping Executives
Zou Xue Mei Directors, executives
Wu Di Directors, Directors, and Executives
Sun Hua Bin Executives
Lu Jing Quan Executives
Ge Lin Executives
Pan Jian Zhong Executives
Wu Pei Fu Directors, executives
Cao Wei Director
Lu Jing Chao Executives

Jiangsu Shuangxing Color Plastic New Materials Co Headlines

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