What is Chongqingnsheng Industrial 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. Chongqingnsheng Industrial Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥279 Mil. Chongqingnsheng Industrial Co's Revenue for the
three
months ended in Mar. 2024 was ¥348 Mil.
Chongqingnsheng Industrial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.80.
Chongqingnsheng Industrial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.61) to Dec. 2023 (0.80)
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.
Chongqingnsheng Industrial Co's Days Inventory for the
three
months ended in Mar. 2024 was 94.34.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Chongqingnsheng Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.97.
Chongqingnsheng Industrial 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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Chongqingnsheng Industrial Co Inventory-to-Revenue Chart
Competitive Comparison of Chongqingnsheng Industrial Co's Inventory-to-Revenue
For the Building Materials subindustry, Chongqingnsheng Industrial 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.
Chongqingnsheng Industrial Co's Inventory-to-Revenue Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Chongqingnsheng Industrial Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Chongqingnsheng Industrial Co's Inventory-to-Revenue falls into.
Chongqingnsheng Industrial 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.
Chongqingnsheng Industrial Co (SZSE:002742) 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.
Chongqingnsheng Industrial 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.
Chongqingnsheng Industrial Co Inventory-to-Revenue Related Terms
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Chongqingnsheng Industrial Co (SZSE:002742) Business Description
Chongqing Sansheng Industrial Co Ltd is engaged in concrete and chemical business. It covers the utilization of gypsum formed based on new environmentally friendly building materials and sulfuric acid, sulfur chemical research and development, production and sales. Its products include building materials and chemicals sector products which are commercial concrete, water reducing agent, expansion agent and sulfuric acid. The company's products used in industrial and civil buildings, highways, railways, bridges, tunnels, airports, water conservancy, and hydropower; sulfuric acid.
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