What is Xinjiang Machinery Research Institute 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. Xinjiang Machinery Research Institute Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥300 Mil. Xinjiang Machinery Research Institute Co's Revenue for the
three
months ended in Mar. 2024 was ¥31 Mil.
Xinjiang Machinery Research Institute Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 9.62.
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.
Xinjiang Machinery Research Institute Co's Days Inventory for the
three
months ended in Mar. 2024 was 980.51.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Xinjiang Machinery Research Institute Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.09.
Xinjiang Machinery Research Institute Co 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.
Xinjiang Machinery Research Institute Co Inventory-to-Revenue Chart
Xinjiang Machinery Research Institute Co Annual Data
Competitive Comparison of Xinjiang Machinery Research Institute Co's Inventory-to-Revenue
For the Farm & Heavy Construction Machinery subindustry, Xinjiang Machinery Research Institute 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.
Xinjiang Machinery Research Institute Co's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Xinjiang Machinery Research Institute Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Xinjiang Machinery Research Institute Co's Inventory-to-Revenue falls into.
Xinjiang Machinery Research Institute 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.
* 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.
Xinjiang Machinery Research Institute Co (SZSE:300159) 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.
Xinjiang Machinery Research Institute Co'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.
Xinjiang Machinery Research Institute Co Inventory-to-Revenue Related Terms
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Xinjiang Machinery Research Institute Co (SZSE:300159) Business Description
Xinjiang Machinery Research Institute Co Ltd is engaged in the research, design, manufacture, and sale of agricultural and livestock machinery. The company specializes in medium and high-end agricultural and animal husbandry machinery products. The main products include series wheeled tractors, farming machinery, large self-propelled grain harvester family, self-propelled corn harvester series, straw forage harvester series, cash crop harvesting machine, and fruit machine.
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