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Qitian Technology Group Co (SZSE:300061) Inventory-to-Revenue : 0.02 (As of Mar. 2025)


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What is Qitian Technology Group 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. Qitian Technology Group Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥2.8 Mil. Qitian Technology Group Co's Revenue for the three months ended in Mar. 2025 was ¥125.2 Mil. Qitian Technology Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.02.

Qitian Technology Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 declined from Dec. 2024 (0.03) to Dec. 2024 (0.02)

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. Qitian Technology Group Co's Days Inventory for the three months ended in Mar. 2025 was 3.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qitian Technology Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 27.44.


Qitian Technology Group Co Inventory-to-Revenue Historical Data

The historical data trend for Qitian Technology Group 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.

Qitian Technology Group Co Inventory-to-Revenue Chart

Qitian Technology Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.01 0.01 0.01

Qitian Technology Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.02 0.02 0.02 0.03 0.02

Competitive Comparison of Qitian Technology Group Co's Inventory-to-Revenue

For the Medical Instruments & Supplies subindustry, Qitian Technology Group 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.


Qitian Technology Group Co's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Qitian Technology Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Qitian Technology Group Co's Inventory-to-Revenue falls into.


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Qitian Technology Group 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.

Qitian Technology Group Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (3.983 + 2.794) / 2 ) / 626.79
=3.3885 / 626.79
=0.01

Qitian Technology Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue (Q: Mar. 2025 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Revenue (Q: Mar. 2025 )
=( (2.794 + 2.809) / 2 ) / 125.207
=2.8015 / 125.207
=0.02

* 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.


Qitian Technology Group Co  (SZSE:300061) 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.

Qitian Technology Group Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=2.8015/76.869*365 / 4
=3.33

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

Qitian Technology Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2025 ) / Average Total Inventories (Q: Mar. 2025 )
=76.869 / 2.8015
=27.44

* 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.


Qitian Technology Group Co Inventory-to-Revenue Related Terms

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Qitian Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
999 Dangui Road, C5, Phase I, Guochuang Center, Pudong New District, Shanghai, CHN, 201203
Qitian Technology Group Co Ltd is engaged in production and sales of resin lenses.
Executives
Liu Tao Director
Fei Zheng Xiang Supervisors
Li Cai Xia Securities Affairs Representative
Zhang Hui Xiang Director
Xu Shi Ying Independent director
Fei Zhong Bao Supervisors
Fan Sen Xin Supervisors

Qitian Technology Group Co Headlines

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