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Zhejiang Canaan Technology (SZSE:300412) Inventory-to-Revenue : 3.01 (As of Mar. 2025)


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What is Zhejiang Canaan Technology 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. Zhejiang Canaan Technology's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥740 Mil. Zhejiang Canaan Technology's Revenue for the three months ended in Mar. 2025 was ¥246 Mil. Zhejiang Canaan Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 3.01.

Zhejiang Canaan Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2025 increased from Dec. 2024 (1.57) to Dec. 2024 (3.01)

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. Zhejiang Canaan Technology's Days Inventory for the three months ended in Mar. 2025 was 356.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Canaan Technology's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.26.


Zhejiang Canaan Technology Inventory-to-Revenue Historical Data

The historical data trend for Zhejiang Canaan Technology'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.

Zhejiang Canaan Technology Inventory-to-Revenue Chart

Zhejiang Canaan Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.58 0.65 0.80 0.60

Zhejiang Canaan Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.16 2.78 3.13 1.57 3.01

Competitive Comparison of Zhejiang Canaan Technology's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Zhejiang Canaan Technology'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.


Zhejiang Canaan Technology's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Canaan Technology's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Zhejiang Canaan Technology's Inventory-to-Revenue falls into.


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Zhejiang Canaan Technology 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.

Zhejiang Canaan Technology's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (905.719 + 747.831) / 2 ) / 1383.111
=826.775 / 1383.111
=0.60

Zhejiang Canaan Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue (Q: Mar. 2025 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Revenue (Q: Mar. 2025 )
=( (747.831 + 732.285) / 2 ) / 245.853
=740.058 / 245.853
=3.01

* 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.


Zhejiang Canaan Technology  (SZSE:300412) 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.

Zhejiang Canaan Technology's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=740.058/189.225*365 / 4
=356.88

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

Zhejiang Canaan Technology's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2025 ) / Average Total Inventories (Q: Mar. 2025 )
=189.225 / 740.058
=0.26

* 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.


Zhejiang Canaan Technology Inventory-to-Revenue Related Terms

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Zhejiang Canaan Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 1188, Jiangnan Avenue, Oubei Street, Yongjia County, Zhejiang Province, Wenzhou City, CHN, 325105
Zhejiang Canaan Technology Ltd is a manufacturer of designing and processing equipment for solid dosage. The company's main business is pharmaceutical equipment, and it is a known domestic supplier of overall solutions for oral solid preparations in smart factories. The specific business segments can be subdivided into oral solid preparation equipment and smart factory business, biological and sterile preparation water equipment and liquid preparation system engineering business, smart logistics business, pharmaceutical R&D services, etc.
Executives
Zhou Zhen Dao Director
Fang Zhi Yi Director
Xu Hai Zhi Executives
Chao Hu Directors, executives, securities affairs represen
Wan Guo Hua Executives
Liao Quan Hui Executives
Chen Yong Xing Directors, executives, securities affairs represen
Sun Guo Long Director
Yang Dao Xiao Supervisors

Zhejiang Canaan Technology Headlines

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