What is Contec Medical Systems 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. Contec Medical Systems Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥456.3 Mil. Contec Medical Systems Co's Revenue for the
three
months ended in Mar. 2024 was ¥99.2 Mil.
Contec Medical Systems Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 4.60.
Contec Medical Systems Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (3.76) to Dec. 2023 (4.60)
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.
Contec Medical Systems Co's Days Inventory for the
three
months ended in Mar. 2024 was 829.55.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Contec Medical Systems Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.11.
Contec Medical Systems 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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Contec Medical Systems Co Inventory-to-Revenue Chart
Competitive Comparison of Contec Medical Systems Co's Inventory-to-Revenue
For the Medical Devices subindustry, Contec Medical Systems 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.
Contec Medical Systems Co's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Contec Medical Systems Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Contec Medical Systems Co's Inventory-to-Revenue falls into.
Contec Medical Systems 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.
Contec Medical Systems 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.
Contec Medical Systems Co (SZSE:300869) 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.
Contec Medical Systems 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.
Contec Medical Systems Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Contec Medical Systems Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Contec Medical Systems Co (SZSE:300869) Business Description
Contec Medical Systems Co Ltd is engaged in research and development, production and sales of medical diagnosis and monitoring equipment. The company's products portfolio includes Blood pressure series; Blood oxygen series; Multi-parameter monitoring series; In Vitro Diagnostic Series; EEG series; Breathing sleep series; ECG series; Digital Image Series; Fetal Monitoring Series; Arteriosclerosis Series; Telemedicine and health management; and Home health products.
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