Guangdong Xianglu Tungsten Co (SZSE:002842) Inventory-to-Revenue : 1.54 (As of Mar. 2024)

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What is Guangdong Xianglu Tungsten 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. Guangdong Xianglu Tungsten Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥711 Mil. Guangdong Xianglu Tungsten Co's Revenue for the three months ended in Mar. 2024 was ¥462 Mil. Guangdong Xianglu Tungsten Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.54.

Guangdong Xianglu Tungsten Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.61) to Dec. 2023 (1.54)

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. Guangdong Xianglu Tungsten Co's Days Inventory for the three months ended in Mar. 2024 was 146.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Xianglu Tungsten Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.62.

Guangdong Xianglu Tungsten Co Inventory-to-Revenue Historical Data

The historical data trend for Guangdong Xianglu Tungsten 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.

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Guangdong Xianglu Tungsten Co Inventory-to-Revenue Chart

Guangdong Xianglu Tungsten Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.31

0.41

0.45

0.40

Guangdong Xianglu Tungsten Co 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															1.92	1.31	1.59	1.61	1.54

Competitive Comparison of Guangdong Xianglu Tungsten Co's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Guangdong Xianglu Tungsten 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.

Guangdong Xianglu Tungsten Co's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Guangdong Xianglu Tungsten Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Guangdong Xianglu Tungsten Co's Inventory-to-Revenue falls into.

Guangdong Xianglu Tungsten Co Inventory-to-Revenue Calculation

Guangdong Xianglu Tungsten 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 )
=	( (737.21	+	710.238)	/	2 )	/	1798.755
=	723.724					/	1798.755
=	0.40

Guangdong Xianglu Tungsten Co'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 )
=	( (710.238	+	711.01)	/	2 )	/	461.742
=	710.624					/	461.742
=	1.54

Guangdong Xianglu Tungsten Co (SZSE:002842) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Guangdong Xianglu Tungsten Co'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
	=	710.624	/	442.646	*	365 / 4
	=	146.49

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

Guangdong Xianglu Tungsten Co'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 )
	=	442.646	/	710.624
	=	0.62

Guangdong Xianglu Tungsten Co Inventory-to-Revenue Related Terms

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Guangdong Xianglu Tungsten Co (SZSE:002842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guangdong Xianglu Tungsten Co Ltd (SZSE:002842) » Definitions » Inventory-to-Revenue

Traded in Other Exchanges

N/A

Address

Shantou Industrial Zone, Xiangqiao District, Guantang Town, Guangdong Province, Chaozhou, CHN, 515633

Website

http://www.xl-tungsten.com

Guangdong Xianglu Tungsten Co Ltd is engaged in research and development, production and marketing of tungsten products in China. The company has a complete product system of APT, WO3, W, WC Powder and Hard Metal and one of the qualified tungsten exports and suppliers in China. It product portfolio includes Tungstates, Oxides and Acid, Tungsten/Tungsten Carbide Powder and Hardmetal/Cemented Carbide.

Executives

Chen Wei Dong	Directors, executives
Yao Ming Qin	Supervisors
Chen Wei Er	Directors, executives
Yi Jun	Directors, executives
Dai Xiang Ping	Executives

Guangdong Xianglu Tungsten Co (SZSE:002842) Headlines

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