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Guangdong Wenke Green Technology (SZSE:002775) Inventory-to-Revenue : 3.38 (As of Mar. 2024)


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What is Guangdong Wenke Green 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. Guangdong Wenke Green Technology's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥366.7 Mil. Guangdong Wenke Green Technology's Revenue for the three months ended in Mar. 2024 was ¥108.4 Mil. Guangdong Wenke Green Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.38.

Guangdong Wenke Green Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.53) to Dec. 2023 (3.38)

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. Guangdong Wenke Green Technology's Days Inventory for the three months ended in Mar. 2024 was 372.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Wenke Green Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.24.


Guangdong Wenke Green Technology Inventory-to-Revenue Historical Data

The historical data trend for Guangdong Wenke Green 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.

Guangdong Wenke Green Technology Inventory-to-Revenue Chart

Guangdong Wenke Green 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 0.20 0.13 0.18 0.32 0.31

Guangdong Wenke Green Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.00 1.37 1.00 1.53 3.38

Competitive Comparison of Guangdong Wenke Green Technology's Inventory-to-Revenue

For the Engineering & Construction subindustry, Guangdong Wenke Green 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.


Guangdong Wenke Green Technology's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Guangdong Wenke Green Technology's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Guangdong Wenke Green Technology's Inventory-to-Revenue falls into.



Guangdong Wenke Green 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.

Guangdong Wenke Green 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 )
=( (272.618 + 353.34) / 2 ) / 1025.375
=312.979 / 1025.375
=0.31

Guangdong Wenke Green Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (353.34 + 380.058) / 2 ) / 108.389
=366.699 / 108.389
=3.38

* 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.


Guangdong Wenke Green Technology  (SZSE:002775) 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.

Guangdong Wenke Green Technology's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=366.699/89.755*365 / 4
=372.81

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

Guangdong Wenke Green Technology's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=89.755 / 366.699
=0.24

* 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.


Guangdong Wenke Green Technology Inventory-to-Revenue Related Terms

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Guangdong Wenke Green Technology (SZSE:002775) Business Description

Traded in Other Exchanges
N/A
Address
1006 Shennan Road, Floor 35, 36, Tower A, Shenzhen International Innovation Center, Futian District, Shenzhen, Guangdong, CHN
Guangdong Wenke Green Technology Corp Ltd is engaged in comprehensive landscaping enterprise specializing in garden landscape design, greening seedling planting, landscaping project construction and garden maintenance.
Executives
Cheng Yu Jiao Securities Affairs Representative
Li Cong Wen Director
Tian Shou Neng Directors, executives
Wang Zu Sheng Executives
Cheng Zhi Peng Executives
Ye Ding Liang Executives
Huang Zhen Yuan Executives

Guangdong Wenke Green Technology (SZSE:002775) Headlines

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