Beijing Globalfety Technology Co (SZSE:300523) Inventory-to-Revenue : 2.87 (As of Mar. 2024)

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What is Beijing Globalfety 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. Beijing Globalfety Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥370 Mil. Beijing Globalfety Technology Co's Revenue for the three months ended in Mar. 2024 was ¥129 Mil. Beijing Globalfety Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.87.

Beijing Globalfety Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.46) to Dec. 2023 (2.87)

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. Beijing Globalfety Technology Co's Days Inventory for the three months ended in Mar. 2024 was 482.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Globalfety Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.19.

Beijing Globalfety Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Beijing Globalfety 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.

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Beijing Globalfety Technology Co Inventory-to-Revenue Chart

Beijing Globalfety Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.22

0.30

0.23

0.19

Beijing Globalfety 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															2.30	1.11	1.14	0.46	2.87

Competitive Comparison of Beijing Globalfety Technology Co's Inventory-to-Revenue

For the Software - Application subindustry, Beijing Globalfety 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.

Beijing Globalfety Technology Co's Inventory-to-Revenue Distribution in the Software Industry

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

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

Beijing Globalfety Technology Co Inventory-to-Revenue Calculation

Beijing Globalfety 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 )
=	( (556.172	+	314.875)	/	2 )	/	2256.825
=	435.5235					/	2256.825
=	0.19

Beijing Globalfety 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 )
=	( (314.875	+	424.919)	/	2 )	/	128.719
=	369.897					/	128.719
=	2.87

Beijing Globalfety Technology Co (SZSE:300523) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Beijing Globalfety 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
	=	369.897	/	69.961	*	365 / 4
	=	482.46

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

Beijing Globalfety 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 )
	=	69.961	/	369.897
	=	0.19

Beijing Globalfety Technology Co Inventory-to-Revenue Related Terms

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Beijing Globalfety Technology Co (SZSE:300523) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Global Safety Technology Co Ltd (SZSE:300523) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 1, No.3 Fengxiu Middle Road, Haidian District, Beijing, CHN, 100094

Website

http://www.gsafety.com

Beijing Global Safety Technology Co Ltd engages in the research, development, manufacture, and sales of public safety and security technologies, software and equipment and emergency management solutions. The company's products include public safety comprehensive emergency equipment, monitoring, and control system, prevention and forewarning system, as well as rescue and command system, among others.

Executives

Yuan Hong Yong	Directors, executives
Wu Peng	Secretary Dong
Chen Tao	Executives

Beijing Globalfety Technology Co (SZSE:300523) Headlines

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