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Guangdong Silver Age Sci and Tech Co (SZSE:300221) Inventory-to-Revenue : 0.50 (As of Sep. 2024)


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What is Guangdong Silver Age Sci and Tech 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. Guangdong Silver Age Sci and Tech Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥272 Mil. Guangdong Silver Age Sci and Tech Co's Revenue for the three months ended in Sep. 2024 was ¥540 Mil. Guangdong Silver Age Sci and Tech Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.50.

Guangdong Silver Age Sci and Tech Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (0.53) to Jun. 2024 (0.50)

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. Guangdong Silver Age Sci and Tech Co's Days Inventory for the three months ended in Sep. 2024 was 56.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Silver Age Sci and Tech Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.63.


Guangdong Silver Age Sci and Tech Co Inventory-to-Revenue Historical Data

The historical data trend for Guangdong Silver Age Sci and Tech 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.

Guangdong Silver Age Sci and Tech Co Inventory-to-Revenue Chart

Guangdong Silver Age Sci and Tech 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 0.19 0.15 0.11 0.14 0.14

Guangdong Silver Age Sci and Tech 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 0.47 0.46 0.56 0.53 0.50

Competitive Comparison of Guangdong Silver Age Sci and Tech Co's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Guangdong Silver Age Sci and Tech 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.


Guangdong Silver Age Sci and Tech Co's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guangdong Silver Age Sci and Tech Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Guangdong Silver Age Sci and Tech Co's Inventory-to-Revenue falls into.



Guangdong Silver Age Sci and Tech 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.

Guangdong Silver Age Sci and Tech 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 )
=( (250.27 + 205.682) / 2 ) / 1665.378
=227.976 / 1665.378
=0.14

Guangdong Silver Age Sci and Tech 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 )
=( (266.824 + 277.081) / 2 ) / 540.131
=271.9525 / 540.131
=0.50

* 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.


Guangdong Silver Age Sci and Tech Co  (SZSE:300221) 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.

Guangdong Silver Age Sci and Tech 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
=271.9525/442.118*365 / 4
=56.13

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

Guangdong Silver Age Sci and Tech 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 )
=442.118 / 271.9525
=1.63

* 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.


Guangdong Silver Age Sci and Tech Co Inventory-to-Revenue Related Terms

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Guangdong Silver Age Sci and Tech Co Business Description

Traded in Other Exchanges
N/A
Address
Juqi Village, Humen Town, Dongguan, CHN, 523927
Guangdong Silver Age Sci and Tech Co Ltd are engaged in the research, development, production, and sale of high-performance polymer new materials in China. It produces fuel-resistant, weather-resistant, reinforced and toughened materials, and plastic alloy materials. Its products are widely used in household appliances, automobiles, IT electronics, LED lights, power tools, wire and cable, road materials and other fields.
Executives
Zheng Gui Hua Secretary Dong
Gu Xian Feng Executives
Lin Deng Can Directors, executives
Fu Yi Director
Zhang De Qing Director
Tan Ying Er Director
Huang Jing Dong Director
Tan Song Bin Director
Chen Yu Mei Securities Affairs Representative
Yuan Zhi Gang Director
Ye Jian Zhong Supervisors

Guangdong Silver Age Sci and Tech Co Headlines

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