What is GI Technologies Group 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. GI Technologies Group Co's Average Total Inventories for the quarter that ended in Mar. 2023 was ¥4.06 Mil. GI Technologies Group Co's Revenue for the
three
months ended in Mar. 2023 was ¥0.52 Mil.
GI Technologies Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 7.88.
GI Technologies Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2023
declined
from Dec. 2022 (361.83) to Dec. 2022 (7.88)
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.
GI Technologies Group Co's Days Inventory for the
three
months ended in Mar. 2023 was 7.76.
Inventory Turnover measures how fast the company turns over its inventory within a year.
GI Technologies Group Co's Inventory Turnover for the quarter that ended in Mar. 2023 was 11.76.
GI Technologies Group Co Inventory-to-Revenue Historical Data
The historical data trend for GI Technologies Group 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.
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GI Technologies Group Co Inventory-to-Revenue Chart
Competitive Comparison of GI Technologies Group Co's Inventory-to-Revenue
For the Oil & Gas Equipment & Services subindustry, GI Technologies Group 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.
GI Technologies Group Co's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, GI Technologies Group Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where GI Technologies Group Co's Inventory-to-Revenue falls into.
GI Technologies Group 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.
GI Technologies Group Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 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.
GI Technologies Group Co (SZSE:300309) 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.
GI Technologies Group Co's Days Inventory for the
three
months ended in Mar. 2023 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.
GI Technologies Group Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of GI Technologies Group Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
GI Technologies Group Co (SZSE:300309) Business Description
GI Technologies Group Co Ltd is engaged in the research and development, manufacturing of petroleum equipment. The company operates through three main businesses: petroleum equipment manufacturing, petroleum engineering services and petrochemical. Its petroleum engineering services comprise well logging service, directional drilling service, and downhole operation service. The petrochemical business is mainly engaged in the oil refining and oil trade. In addition, the company is also engaged in the asset management business. It operates in more than 20 countries and regions at home and abroad.
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