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Troy Information Technology Co (SZSE:300366) Inventory-to-Revenue : 10.36 (As of Mar. 2024)


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What is Troy Information 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. Troy Information Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥986 Mil. Troy Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥95 Mil. Troy Information Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 10.36.

Troy Information Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.43) to Dec. 2023 (10.36)

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. Troy Information Technology Co's Days Inventory for the three months ended in Mar. 2024 was 1,076.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Troy Information Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.08.


Troy Information Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Troy Information 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.

Troy Information Technology Co Inventory-to-Revenue Chart

Troy Information Technology 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 0.21 0.28 0.37 0.40 0.54

Troy Information Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.51 3.45 3.63 1.43 10.36

Competitive Comparison of Troy Information Technology Co's Inventory-to-Revenue

For the Software - Infrastructure subindustry, Troy Information 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.


Troy Information Technology Co's Inventory-to-Revenue Distribution in the Software Industry

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

* The bar in red indicates where Troy Information Technology Co's Inventory-to-Revenue falls into.



Troy Information 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.

Troy Information Technology 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 )
=( (890.527 + 901.177) / 2 ) / 1674.944
=895.852 / 1674.944
=0.53

Troy Information Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (901.177 + 1071.739) / 2 ) / 95.186
=986.458 / 95.186
=10.36

* 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.


Troy Information Technology Co  (SZSE:300366) 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.

Troy Information Technology Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=986.458/83.594*365 / 4
=1,076.80

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

Troy Information Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=83.594 / 986.458
=0.08

* 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.


Troy Information Technology Co Inventory-to-Revenue Related Terms

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Troy Information Technology Co (SZSE:300366) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Xixin Avenue, High-tech Zone, Gaoxin West District, Chengdu, CHN, 611731
Troy Information Technology Co Ltd is a Chinese technical service provider for telecom operators. Its product technologies include big data, Cloud computing, and Wisdom. Its big data products include enterprise-level big data platform, big data business model platform, big data processing platform, and big data capability sharing platform.
Executives
Wang Xiao Wei Director
Li Jing Directors, executives
Du Guang Xiang Directors, executives
Lu Wen Bin Director
He Wen Jiang Directors, executives
Liu Jie Executives
Wang Xiao Ming Director
Wang Yong Supervisors
Lei Li Directors, executives
Zhou Xue Jun Director
Gu Hong Bin Executives

Troy Information Technology Co (SZSE:300366) Headlines

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