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Sanchuan Wisdom Technology Co (SZSE:300066) Inventory-to-Revenue : 0.98 (As of Sep. 2024)


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What is Sanchuan Wisdom Technology 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. Sanchuan Wisdom Technology Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥366 Mil. Sanchuan Wisdom Technology Co's Revenue for the three months ended in Sep. 2024 was ¥375 Mil. Sanchuan Wisdom Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.98.

Sanchuan Wisdom Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (1.04) to Jun. 2024 (0.98)

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. Sanchuan Wisdom Technology Co's Days Inventory for the three months ended in Sep. 2024 was 103.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanchuan Wisdom Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.88.


Sanchuan Wisdom Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Sanchuan Wisdom Technology 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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Sanchuan Wisdom Technology Co Inventory-to-Revenue Chart

Sanchuan Wisdom Technology Co 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 0.21 0.24 0.25 0.28 0.22

Sanchuan Wisdom Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.10 0.69 1.32 1.04 0.98

Competitive Comparison of Sanchuan Wisdom Technology Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Sanchuan Wisdom Technology 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.


Sanchuan Wisdom Technology Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sanchuan Wisdom Technology Co's Inventory-to-Revenue distribution charts can be found below:

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



Sanchuan Wisdom Technology 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.

Sanchuan Wisdom Technology 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 )
=( (508.595 + 503.061) / 2 ) / 2284.724
=505.828 / 2284.724
=0.22

Sanchuan Wisdom Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (385.669 + 345.752) / 2 ) / 374.754
=365.7105 / 374.754
=0.98

* 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.


Sanchuan Wisdom Technology Co  (SZSE:300066) 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.

Sanchuan Wisdom Technology Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=365.7105/322.427*365 / 4
=103.50

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

Sanchuan Wisdom Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=322.427 / 365.7105
=0.88

* 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.


Sanchuan Wisdom Technology Co Inventory-to-Revenue Related Terms

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Sanchuan Wisdom Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Industrial Park District, Yingtan, Jiangxi, CHN, 335000
Sanchuan Wisdom Technology Co Ltd is engaged in manufacturing water saving type water meter, intellectual card type water meter, network remote transmission water meter, direct reading electronic remote transmission water, drainage pipe and pipe fitting, water company management and application software.
Executives
Tong Bao Hua Supervisors
Wu Xue Song Directors, executives
Song Cai Hua Directors, executives
Yang Zhi Qing Supervisors
Li Qiang Zu Directors, executives
Luo An Bao Supervisors
Li Jian Lin Director
Huang Cheng Ming Securities Affairs Representative
Luo You Zheng Supervisors
Ni Guo Qiang Executives, executives

Sanchuan Wisdom Technology Co Headlines

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