What is Shenzhen Sunshine Laser and Electronics 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. Shenzhen Sunshine Laser and Electronics Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥447 Mil. Shenzhen Sunshine Laser and Electronics Technology Co's Revenue for the
three
months ended in Mar. 2024 was ¥210 Mil.
Shenzhen Sunshine Laser and Electronics Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.13.
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.
Shenzhen Sunshine Laser and Electronics Technology Co's Days Inventory for the
three
months ended in Mar. 2024 was 293.68.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shenzhen Sunshine Laser and Electronics Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.31.
Shenzhen Sunshine Laser and Electronics Technology 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.
Shenzhen Sunshine Laser and Electronics Technology Co Inventory-to-Revenue Chart
Shenzhen Sunshine Laser and Electronics Technology Co Annual Data
Competitive Comparison of Shenzhen Sunshine Laser and Electronics Technology Co's Inventory-to-Revenue
For the Electronic Components subindustry, Shenzhen Sunshine Laser and Electronics 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.
Shenzhen Sunshine Laser and Electronics Technology Co's Inventory-to-Revenue Distribution in the Hardware Industry
* The bar in red indicates where Shenzhen Sunshine Laser and Electronics Technology Co's Inventory-to-Revenue falls into.
Shenzhen Sunshine Laser and Electronics 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.
* 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.
Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) 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.
Shenzhen Sunshine Laser and Electronics Technology 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.
Shenzhen Sunshine Laser and Electronics Technology Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shenzhen Sunshine Laser and Electronics Technology Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) Business Description
Shenzhen Sunshine Laser and Electronics Technology Co Ltd is engaged in providing laser technology and application services to manufacturing and processing industries. The products and services of the company include additive manufacturing, laser three dimensional circuit, flexible circuit board laser forming, precision laser drilling, and precision laser template.
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