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Strait Innovation Internet Co (SZSE:300300) Inventory-to-Revenue : 1.35 (As of Sep. 2024)


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What is Strait Innovation Internet 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. Strait Innovation Internet Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥25.5 Mil. Strait Innovation Internet Co's Revenue for the three months ended in Sep. 2024 was ¥18.9 Mil. Strait Innovation Internet Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.35.

Strait Innovation Internet Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (0.54) to Jun. 2024 (1.35)

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. Strait Innovation Internet Co's Days Inventory for the three months ended in Sep. 2024 was 95.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Strait Innovation Internet Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.95.


Strait Innovation Internet Co Inventory-to-Revenue Historical Data

The historical data trend for Strait Innovation Internet 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.

Strait Innovation Internet Co Inventory-to-Revenue Chart

Strait Innovation Internet 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 0.70 0.32 0.13 0.07 0.10

Strait Innovation Internet 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 0.68 0.29 0.83 0.54 1.35

Competitive Comparison of Strait Innovation Internet Co's Inventory-to-Revenue

For the Information Technology Services subindustry, Strait Innovation Internet 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.


Strait Innovation Internet Co's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Strait Innovation Internet Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Strait Innovation Internet Co's Inventory-to-Revenue falls into.



Strait Innovation Internet 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.

Strait Innovation Internet 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 )
=( (11.563 + 12.971) / 2 ) / 124.968
=12.267 / 124.968
=0.10

Strait Innovation Internet 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 )
=( (24.364 + 26.568) / 2 ) / 18.913
=25.466 / 18.913
=1.35

* 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.


Strait Innovation Internet Co  (SZSE:300300) 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.

Strait Innovation Internet 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
=25.466/24.277*365 / 4
=95.72

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

Strait Innovation Internet 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 )
=24.277 / 25.466
=0.95

* 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.


Strait Innovation Internet Co Inventory-to-Revenue Related Terms

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Strait Innovation Internet Co Business Description

Traded in Other Exchanges
N/A
Address
No.181 Tianmushan Road, 6th Floor, Skyline Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063
Strait Innovation Internet Co Ltd is a provider of technical services, technology development, technology consulting, technology exchange, technology transfer, technology promotion; software development; information technology consulting services; data processing services; information system integration services; foreign contracting projects; computer software and hardware and auxiliary equipment wholesale.
Executives
Lin Qing Hua Executives
Wang Wei Shan Executives
Ceng Zhi Yong Executives
Yu Jing Executives
Ye Xing Bo Directors, executives
Wang Ya Hong Executives
Yang Xiao Jiang Executives
Huang Men Ma Executives
Wu Yan Director
Jin Xue Jun Director
Xu Ce Supervisors
Wang Zhi Bin Executives
Zhuang Liang Executives
Ma Gang Directors, executives
Yin Yu Shun Director

Strait Innovation Internet Co Headlines

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