What is Yangzhou Chenhua New Material 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. Yangzhou Chenhua New Material Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥118.2 Mil. Yangzhou Chenhua New Material Co's Revenue for the
three
months ended in Jun. 2024 was ¥234.3 Mil.
Yangzhou Chenhua New Material Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.50.
Yangzhou Chenhua New Material Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024
declined
from Mar. 2024 (0.57) to Mar. 2024 (0.50)
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.
Yangzhou Chenhua New Material Co's Days Inventory for the
three
months ended in Jun. 2024 was 56.44.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Yangzhou Chenhua New Material Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.62.
Yangzhou Chenhua New Material 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.
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Yangzhou Chenhua New Material Co Inventory-to-Revenue Chart
Competitive Comparison of Yangzhou Chenhua New Material Co's Inventory-to-Revenue
For the Chemicals subindustry, Yangzhou Chenhua New Material 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.
Yangzhou Chenhua New Material Co's Inventory-to-Revenue Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Yangzhou Chenhua New Material Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Yangzhou Chenhua New Material Co's Inventory-to-Revenue falls into.
Yangzhou Chenhua New Material 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.
Yangzhou Chenhua New Material Co (SZSE:300610) 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.
Yangzhou Chenhua New Material Co's Days Inventory for the
three
months ended in Jun. 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.
Yangzhou Chenhua New Material Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Yangzhou Chenhua New Material Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Yangzhou Chenhua New Material Co Business Description
Yangzhou Chenhua New Material Co Ltd researches, develops, produces, and sells fine chemicals. The company's primary products include flame retardant, polyether, polyether amine, silicon oil, alkyl polyglucoside, surfactant, silicon rubber and sealant, water-borne polyurethane resin, and textile auxiliary series of products. Its products are used in the everyday use chemicals, pesticides, medicines, machines, automobiles, wires and cables, architectures, and installations, as well as in the printing and dyeing and textile industries.
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