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Zhengzhou Tiamaes Technology Co (SZSE:300807) Inventory-to-Revenue : 3.52 (As of Jun. 2024)


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What is Zhengzhou Tiamaes 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. Zhengzhou Tiamaes Technology Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥80.8 Mil. Zhengzhou Tiamaes Technology Co's Revenue for the three months ended in Jun. 2024 was ¥23.0 Mil. Zhengzhou Tiamaes Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 3.52.

Zhengzhou Tiamaes Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (6.03) to Mar. 2024 (3.52)

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. Zhengzhou Tiamaes Technology Co's Days Inventory for the three months ended in Jun. 2024 was 561.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhengzhou Tiamaes Technology Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.16.


Zhengzhou Tiamaes Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Zhengzhou Tiamaes 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.

* Premium members only.

Zhengzhou Tiamaes Technology Co Inventory-to-Revenue Chart

Zhengzhou Tiamaes Technology 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 0.15 0.41 0.55 0.40 0.44

Zhengzhou Tiamaes Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.31 2.26 0.77 6.03 3.52

Competitive Comparison of Zhengzhou Tiamaes Technology Co's Inventory-to-Revenue

For the Scientific & Technical Instruments subindustry, Zhengzhou Tiamaes 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.


Zhengzhou Tiamaes Technology Co's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhengzhou Tiamaes Technology Co's Inventory-to-Revenue distribution charts can be found below:

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



Zhengzhou Tiamaes Technology 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.

Zhengzhou Tiamaes 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 )
=( (110.946 + 80.556) / 2 ) / 219.977
=95.751 / 219.977
=0.44

Zhengzhou Tiamaes Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (80.003 + 81.62) / 2 ) / 22.993
=80.8115 / 22.993
=3.51

* 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.


Zhengzhou Tiamaes Technology Co  (SZSE:300807) 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.

Zhengzhou Tiamaes Technology Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=80.8115/13.13*365 / 4
=561.62

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

Zhengzhou Tiamaes Technology Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=13.13 / 80.8115
=0.16

* 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.


Zhengzhou Tiamaes Technology Co Inventory-to-Revenue Related Terms

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Zhengzhou Tiamaes Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 316 Lianhua Street, No. 10 Building, Zhengzhou High-tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450000
Zhengzhou Tiamaes Technology Co Ltd operates as a specialized in urban public transport intelligent dispatching platform and research and development and design, production and sales of vehicle electronic products. The company is a provider of information system about urban intelligent transportation solutions and 2G/3G video/GPS/BDS beidou monitoring solutions in domestic,mainly engaged in the development,production and sales of medium andhigh-end system integrated products based on the above solutions,at present has formed the business structure with the vehicle network application field products as main products,with the whole urban bus intelligent solutions as fist products.
Executives
Shi Lei Lei Supervisors
Zhang Zhen Hua Executives
Si Ai Jun Independent director

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