What is Chen Ke Ming Food Manufacturing 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. Chen Ke Ming Food Manufacturing Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥499 Mil. Chen Ke Ming Food Manufacturing Co's Revenue for the
three
months ended in Mar. 2024 was ¥1,297 Mil.
Chen Ke Ming Food Manufacturing Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.39.
Chen Ke Ming Food Manufacturing Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.57) to Dec. 2023 (0.39)
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.
Chen Ke Ming Food Manufacturing Co's Days Inventory for the
three
months ended in Mar. 2024 was 42.38.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Chen Ke Ming Food Manufacturing Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.15.
Chen Ke Ming Food Manufacturing 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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Chen Ke Ming Food Manufacturing Co Inventory-to-Revenue Chart
Competitive Comparison of Chen Ke Ming Food Manufacturing Co's Inventory-to-Revenue
For the Packaged Foods subindustry, Chen Ke Ming Food Manufacturing 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.
Chen Ke Ming Food Manufacturing Co's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Chen Ke Ming Food Manufacturing Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Chen Ke Ming Food Manufacturing Co's Inventory-to-Revenue falls into.
Chen Ke Ming Food Manufacturing 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.
* 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.
Chen Ke Ming Food Manufacturing Co (SZSE:002661) 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.
Chen Ke Ming Food Manufacturing 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.
Chen Ke Ming Food Manufacturing Co Inventory-to-Revenue Related Terms
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Chen Ke Ming Food Manufacturing Co (SZSE:002661) Business Description
Chen Ke Ming Food Manufacturing Co Ltd is a food manufacturing company in China. It is engaged in the research and development, production, and sale of middle and high-grade fine dried noodles. Its noodles are categories into six series - nutrition, power, high-gluten, gift, children, and other series. The company distributes its products under the brand name CKM.
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