What is Shenzhen Fenda Technology 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. Shenzhen Fenda Technology Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥286 Mil. Shenzhen Fenda Technology Co's Revenue for the
three
months ended in Sep. 2024 was ¥943 Mil.
Shenzhen Fenda Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.30.
Shenzhen Fenda Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024
declined
from Jun. 2024 (0.33) to Jun. 2024 (0.30)
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.
Shenzhen Fenda Technology Co's Days Inventory for the
three
months ended in Sep. 2024 was 35.57.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shenzhen Fenda Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.57.
Shenzhen Fenda Technology 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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Shenzhen Fenda Technology Co Inventory-to-Revenue Chart
Competitive Comparison of Shenzhen Fenda Technology Co's Inventory-to-Revenue
For the Consumer Electronics subindustry, Shenzhen Fenda Technology 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.
Shenzhen Fenda Technology Co's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Shenzhen Fenda Technology Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shenzhen Fenda Technology Co's Inventory-to-Revenue falls into.
Shenzhen Fenda Technology 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.
Shenzhen Fenda Technology 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.
Shenzhen Fenda Technology Co (SZSE:002681) 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.
Shenzhen Fenda Technology Co's Days Inventory for the
three
months ended in Sep. 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.
Shenzhen Fenda Technology Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shenzhen Fenda Technology Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shenzhen Fenda Technology Co Ltd is a China-based company engaged in the designs and manufacturing of audio and electro-acoustic devices for global consumers. It offers hardware and integrated solutions to provide services for software development, hardware design, and cloud technology. The product portfolio of the company includes speakers, headphones and other related accessories.
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