GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhuhai Enpower Electric Co Ltd (SZSE:300681) » Definitions » Inventory-to-Revenue

Zhuhai Enpower Electric Co (SZSE:300681) Inventory-to-Revenue : 1.75 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Zhuhai Enpower Electric 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. Zhuhai Enpower Electric Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥830 Mil. Zhuhai Enpower Electric Co's Revenue for the three months ended in Mar. 2024 was ¥474 Mil. Zhuhai Enpower Electric Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.75.

Zhuhai Enpower Electric Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.15) to Dec. 2023 (1.75)

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. Zhuhai Enpower Electric Co's Days Inventory for the three months ended in Mar. 2024 was 187.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhuhai Enpower Electric Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.49.


Zhuhai Enpower Electric Co Inventory-to-Revenue Historical Data

The historical data trend for Zhuhai Enpower Electric 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.

Zhuhai Enpower Electric Co Inventory-to-Revenue Chart

Zhuhai Enpower Electric 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 0.59 0.50 0.45 0.36 0.42

Zhuhai Enpower Electric 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 3.18 1.71 1.41 1.15 1.75

Competitive Comparison of Zhuhai Enpower Electric Co's Inventory-to-Revenue

For the Auto Parts subindustry, Zhuhai Enpower Electric 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.


Zhuhai Enpower Electric Co's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhuhai Enpower Electric Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Zhuhai Enpower Electric Co's Inventory-to-Revenue falls into.



Zhuhai Enpower Electric 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.

Zhuhai Enpower Electric 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 )
=( (800.408 + 839.363) / 2 ) / 1963.15
=819.8855 / 1963.15
=0.42

Zhuhai Enpower Electric 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 )
=( (839.363 + 820.669) / 2 ) / 473.845
=830.016 / 473.845
=1.75

* 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.


Zhuhai Enpower Electric Co  (SZSE:300681) 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.

Zhuhai Enpower Electric 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
=830.016/403.228*365 / 4
=187.83

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

Zhuhai Enpower Electric 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 )
=403.228 / 830.016
=0.49

* 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.


Zhuhai Enpower Electric Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Zhuhai Enpower Electric Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhuhai Enpower Electric Co (SZSE:300681) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Science and Technology 6 Road, Tangjiawan Town, High-tech Zone, Guangdong Province, Zhuhai, CHN, 519085
Zhuhai Enpower Electric Co Ltd operates in the auto parts industry. The company is specializing in an electric vehicle motor control system technology. Its main business activities consist of development, production and sales of key components for electric vehicles supplemented by onboard chargers, DC-DC converters, and electronic accelerator pedals. The company's products are widely used in new energy source cars, medium and low-speed electric vehicles, venue electric vehicles and other fields.
Executives
Li Hong Yu Directors, executives
Xin Peng Executives
He Wen Tao Directors, executives
Wei Biao Directors, executives
Jiang Gui Bin Director
Ruan Bin Director

Zhuhai Enpower Electric Co (SZSE:300681) Headlines

No Headlines