What is Huizhou Speed Wireless 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. Huizhou Speed Wireless Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥281 Mil. Huizhou Speed Wireless Technology Co's Revenue for the
three
months ended in Mar. 2024 was ¥365 Mil.
Huizhou Speed Wireless Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.77.
Huizhou Speed Wireless Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.64) to Dec. 2023 (0.77)
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.
Huizhou Speed Wireless Technology Co's Days Inventory for the
three
months ended in Mar. 2024 was 91.70.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Huizhou Speed Wireless Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.00.
Huizhou Speed Wireless 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.
Huizhou Speed Wireless Technology Co Inventory-to-Revenue Chart
Competitive Comparison of Huizhou Speed Wireless Technology Co's Inventory-to-Revenue
For the Communication Equipment subindustry, Huizhou Speed Wireless 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.
Huizhou Speed Wireless Technology Co's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Huizhou Speed Wireless Technology Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Huizhou Speed Wireless Technology Co's Inventory-to-Revenue falls into.
Huizhou Speed Wireless 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.
Huizhou Speed Wireless Technology Co (SZSE:300322) 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.
Huizhou Speed Wireless 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.
Huizhou Speed Wireless Technology Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Huizhou Speed Wireless Technology Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Huizhou Speed Wireless Technology Co (SZSE:300322) Business Description
Huizhou Speed Wireless Technology Co Ltd is a manufacturer of wireless communication antennas and intelligent terminal product components. The product range consists of precision molds, plastic and metal structure, wireless charging products, fingerprint sensor module, and semiconductor packaging and testing, advanced intelligent test fixture and equipment. The products are mainly used in mobile phones, tablets, wearable devices, notebook computers, automobiles, unmanned aerial vehicles, security monitoring and other fields.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:300322 has been successfully added to your 