What is JL Mag Rare-Earth 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. JL Mag Rare-Earth Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥2,302 Mil. JL Mag Rare-Earth Co's Revenue for the
three
months ended in Mar. 2024 was ¥1,536 Mil.
JL Mag Rare-Earth Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.50.
JL Mag Rare-Earth Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (1.27) to Dec. 2023 (1.50)
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.
JL Mag Rare-Earth Co's Days Inventory for the
three
months ended in Mar. 2024 was 152.03.
Inventory Turnover measures how fast the company turns over its inventory within a year.
JL Mag Rare-Earth Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.60.
JL Mag Rare-Earth Co Inventory-to-Revenue Historical Data
The historical data trend for JL Mag Rare-Earth 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.
Competitive Comparison of JL Mag Rare-Earth Co's Inventory-to-Revenue
For the Metal Fabrication subindustry, JL Mag Rare-Earth 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.
JL Mag Rare-Earth Co's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, JL Mag Rare-Earth Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where JL Mag Rare-Earth Co's Inventory-to-Revenue falls into.
JL Mag Rare-Earth 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.
JL Mag Rare-Earth Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 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.
JL Mag Rare-Earth Co (SZSE:300748) 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.
JL Mag Rare-Earth Co's Days Inventory for the
three
months ended in Mar. 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.
JL Mag Rare-Earth Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of JL Mag Rare-Earth Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
JL Mag Rare-Earth Co (SZSE:300748) Business Description
JL Mag Rare-Earth, or JL Mag, is a leading global producer of high-performance rare earth permanent magnets, or REPMs. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe) and boron (B). The company is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion, or GBD, REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, or NEVs, automotive parts, wind turbine generators, energy-saving variable-frequency air-conditioners, or VFACs.
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