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Sansheng Intellectual Education Technology Co (SZSE:300282) Inventory-to-Revenue : 0.88 (As of Sep. 2023)


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What is Sansheng Intellectual Education 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. Sansheng Intellectual Education Technology Co's Average Total Inventories for the quarter that ended in Sep. 2023 was ¥90.1 Mil. Sansheng Intellectual Education Technology Co's Revenue for the three months ended in Sep. 2023 was ¥102.9 Mil. Sansheng Intellectual Education Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.88.

Sansheng Intellectual Education Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Jun. 2023 (2.57) to Jun. 2023 (0.88)

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. Sansheng Intellectual Education Technology Co's Days Inventory for the three months ended in Sep. 2023 was 98.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sansheng Intellectual Education Technology Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.93.


Sansheng Intellectual Education Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Sansheng Intellectual Education 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.

* Premium members only.

Sansheng Intellectual Education Technology Co Inventory-to-Revenue Chart

Sansheng Intellectual Education Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.10 0.14 0.15 0.33

Sansheng Intellectual Education Technology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.91 1.43 1.40 2.57 0.88

Competitive Comparison of Sansheng Intellectual Education Technology Co's Inventory-to-Revenue

For the Education & Training Services subindustry, Sansheng Intellectual Education 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.


Sansheng Intellectual Education Technology Co's Inventory-to-Revenue Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Sansheng Intellectual Education Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sansheng Intellectual Education Technology Co's Inventory-to-Revenue falls into.



Sansheng Intellectual Education 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.

Sansheng Intellectual Education Technology Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (59.056 + 90.298) / 2 ) / 228.574
=74.677 / 228.574
=0.33

Sansheng Intellectual Education Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (104.206 + 76.015) / 2 ) / 102.86
=90.1105 / 102.86
=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.


Sansheng Intellectual Education Technology Co  (SZSE:300282) 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.

Sansheng Intellectual Education Technology Co's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=90.1105/83.702*365 / 4
=98.24

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

Sansheng Intellectual Education Technology Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=83.702 / 90.1105
=0.93

* 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.


Sansheng Intellectual Education Technology Co Inventory-to-Revenue Related Terms

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Sansheng Intellectual Education Technology Co (SZSE:300282) Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, M8 Building, No 1 Jiuxianqiao East Road, Chaoyang District, Beijing, CHN, 100015
Sansheng Intellectual Education Technology Co Ltd is a provider of intelligent education equipment and smart education solutions in China. The company has three business segments: the Smart Education segment, Intelligent Education Equipment segment and the Education Services segment. The Smart Education segment focuses on smart education services and personalized learning. The Intelligent Education Equipment segment mainly develops and sells intelligent peripheral devices and intelligent interactive products such as optical touch, smartpen and wireless transmission. The company's products are widely used in intelligent interactive products in the financial, transportation, retail and other industries.

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