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Beijing Beimo High Tech Frictional Material Co (SZSE:002985) Inventory-to-Revenue : 3.13 (As of Mar. 2024)


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What is Beijing Beimo High Tech Frictional Material 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. Beijing Beimo High Tech Frictional Material Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥752.1 Mil. Beijing Beimo High Tech Frictional Material Co's Revenue for the three months ended in Mar. 2024 was ¥240.0 Mil. Beijing Beimo High Tech Frictional Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.13.

Beijing Beimo High Tech Frictional Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (4.20) to Dec. 2023 (3.13)

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. Beijing Beimo High Tech Frictional Material Co's Days Inventory for the three months ended in Mar. 2024 was 765.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Beimo High Tech Frictional Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.12.


Beijing Beimo High Tech Frictional Material Co Inventory-to-Revenue Historical Data

The historical data trend for Beijing Beimo High Tech Frictional Material 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.

* Premium members only.

Beijing Beimo High Tech Frictional Material Co Inventory-to-Revenue Chart

Beijing Beimo High Tech Frictional Material Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.39 0.28 0.26 0.46 0.66

Beijing Beimo High Tech Frictional Material 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 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 1.81 2.06 4.39 4.20 3.13

Competitive Comparison of Beijing Beimo High Tech Frictional Material Co's Inventory-to-Revenue

For the Aerospace & Defense subindustry, Beijing Beimo High Tech Frictional Material 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.


Beijing Beimo High Tech Frictional Material Co's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Beijing Beimo High Tech Frictional Material Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Beijing Beimo High Tech Frictional Material Co's Inventory-to-Revenue falls into.



Beijing Beimo High Tech Frictional Material 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.

Beijing Beimo High Tech Frictional Material 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 )
=( (543.765 + 719.964) / 2 ) / 954.016
=631.8645 / 954.016
=0.66

Beijing Beimo High Tech Frictional Material 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 )
=( (719.964 + 784.223) / 2 ) / 240.049
=752.0935 / 240.049
=3.13

* 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.


Beijing Beimo High Tech Frictional Material Co  (SZSE:002985) 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.

Beijing Beimo High Tech Frictional Material 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
=752.0935/89.699*365 / 4
=765.10

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

Beijing Beimo High Tech Frictional Material 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 )
=89.699 / 752.0935
=0.12

* 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.


Beijing Beimo High Tech Frictional Material Co Inventory-to-Revenue Related Terms

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Beijing Beimo High Tech Frictional Material Co (SZSE:002985) Business Description

Traded in Other Exchanges
N/A
Address
Shahe Town, Changping District, High-tech Park, Zhengding County, North District, Hebei Province, Beijing, CHN, 102206
Beijing Beimo High Tech Frictional Material Co Ltd formerly Beijing Bei Mo Gao Ke Friction Material Co Ltd is engaged in production and sales of high-end equipment and brake products for military and civilian aerospace vehicle landing gear landing systems, tank armored vehicles, high-speed trains and other high-end equipment. The company's products include brake wheels, brake system, aircraft landing gear.
Executives
Zheng Dan Directors, executives
Chen Jian Feng Directors, executives
Wang Shu Min Director
Liu Yang Directors, executives
Yan Rong Xin Supervisors
Xia Qing Song Supervisors
Zhang Qiu Lai Supervisors
Li Rong Li Executives

Beijing Beimo High Tech Frictional Material Co (SZSE:002985) Headlines

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