What is Shenzhen King Explorer Science And 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. Shenzhen King Explorer Science And Technology's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥245 Mil. Shenzhen King Explorer Science And Technology's Revenue for the
three
months ended in Mar. 2024 was ¥318 Mil.
Shenzhen King Explorer Science And Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.77.
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.
Shenzhen King Explorer Science And Technology's Days Inventory for the
three
months ended in Mar. 2024 was 104.45.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shenzhen King Explorer Science And Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.87.
Shenzhen King Explorer Science And Technology 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.
* Premium members only.
Shenzhen King Explorer Science And Technology Inventory-to-Revenue Chart
Shenzhen King Explorer Science And Technology Annual Data
Competitive Comparison of Shenzhen King Explorer Science And Technology's Inventory-to-Revenue
For the Specialty Chemicals subindustry, Shenzhen King Explorer Science And 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.
Shenzhen King Explorer Science And Technology's Inventory-to-Revenue Distribution in the Chemicals Industry
* The bar in red indicates where Shenzhen King Explorer Science And Technology's Inventory-to-Revenue falls into.
Shenzhen King Explorer Science And 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.
* 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 King Explorer Science And Technology (SZSE:002917) 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 King Explorer Science And Technology'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.
Shenzhen King Explorer Science And Technology Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shenzhen King Explorer Science And Technology's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shenzhen King Explorer Science And Technology (SZSE:002917) Business Description
Shenzhen King Explorer Science And Technology Corp engages in the research, development, design, manufacture, and sale of intelligent equipment systems to civil explosive production companies and blasting service companies in the People's Republic of China and internationally. It offers industrial explosive and detonator production lines, mobile and ground bulk emulsion modules, bulk trucks for emulsion, portable underground charging units, and underground chargers. The products of the company include Industrial Explosives Dynamic Monitoring System, Anti-Explosion Products and Special Equipment for Explosives Production.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:002917 has been successfully added to your 