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Kunshan TopA Intelligent Equipment Co (SZSE:300836) Inventory-to-Revenue : 1.39 (As of Sep. 2024)


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What is Kunshan TopA Intelligent Equipment 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. Kunshan TopA Intelligent Equipment Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥196.6 Mil. Kunshan TopA Intelligent Equipment Co's Revenue for the three months ended in Sep. 2024 was ¥141.9 Mil. Kunshan TopA Intelligent Equipment Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.39.

Kunshan TopA Intelligent Equipment Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (1.59) to Jun. 2024 (1.39)

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. Kunshan TopA Intelligent Equipment Co's Days Inventory for the three months ended in Sep. 2024 was 170.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kunshan TopA Intelligent Equipment Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.54.


Kunshan TopA Intelligent Equipment Co Inventory-to-Revenue Historical Data

The historical data trend for Kunshan TopA Intelligent Equipment 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.

Kunshan TopA Intelligent Equipment Co Inventory-to-Revenue Chart

Kunshan TopA Intelligent Equipment Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.15 0.31 0.43 0.49 0.43

Kunshan TopA Intelligent Equipment Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.36 1.23 3.34 1.59 1.39

Competitive Comparison of Kunshan TopA Intelligent Equipment Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Kunshan TopA Intelligent Equipment 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.


Kunshan TopA Intelligent Equipment Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kunshan TopA Intelligent Equipment Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Kunshan TopA Intelligent Equipment Co's Inventory-to-Revenue falls into.



Kunshan TopA Intelligent Equipment 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.

Kunshan TopA Intelligent Equipment 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 )
=( (278.797 + 212.37) / 2 ) / 568.846
=245.5835 / 568.846
=0.43

Kunshan TopA Intelligent Equipment Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (185.482 + 207.715) / 2 ) / 141.904
=196.5985 / 141.904
=1.39

* 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.


Kunshan TopA Intelligent Equipment Co  (SZSE:300836) 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.

Kunshan TopA Intelligent Equipment Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=196.5985/105.421*365 / 4
=170.17

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

Kunshan TopA Intelligent Equipment Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=105.421 / 196.5985
=0.54

* 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.


Kunshan TopA Intelligent Equipment Co Inventory-to-Revenue Related Terms

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Kunshan TopA Intelligent Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
Room 8, No. 232, Yuanfeng Road, Yushan Town, Jiangsu Province, Kunshan, CHN, 214000
Kunshan TopA Intelligent Equipment Co Ltd is engaged in the design, manufacture, processing and sales of intelligent manufacturing equipment. The company's products include Baiao Zhizao; Fuse box assembly; Biomark manufactures Siemens stamp production line; ECU assembly line; Synchronous belt loop conveying streamline; and Straight reflux conveying streamline. It provides its products to the consumer electronics and transportation industry.
Executives
Zhu Li Hua Directors, Directors, and Executives
Zhuang Hua Feng Director
Shi Feng Hua Director
Xiao Chao Peng Directors, executives

Kunshan TopA Intelligent Equipment Co Headlines

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