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Tansun Technology Co (SZSE:300872) Inventory-to-Revenue : 0.58 (As of Mar. 2024)


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What is Tansun 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. Tansun Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥285 Mil. Tansun Technology Co's Revenue for the three months ended in Mar. 2024 was ¥488 Mil. Tansun Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.58.

Tansun Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.56) to Dec. 2023 (0.58)

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. Tansun Technology Co's Days Inventory for the three months ended in Mar. 2024 was 78.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tansun Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.16.


Tansun Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Tansun 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.

Tansun Technology Co Inventory-to-Revenue Chart

Tansun Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.14 0.14 0.14 0.14

Tansun Technology 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 0.57 0.64 0.61 0.56 0.58

Competitive Comparison of Tansun Technology Co's Inventory-to-Revenue

For the Information Technology Services subindustry, Tansun 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.


Tansun Technology Co's Inventory-to-Revenue Distribution in the Software Industry

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

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



Tansun 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.

Tansun 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 )
=( (274.409 + 280.408) / 2 ) / 1935.802
=277.4085 / 1935.802
=0.14

Tansun Technology 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 )
=( (280.408 + 289.019) / 2 ) / 487.726
=284.7135 / 487.726
=0.58

* 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.


Tansun Technology Co  (SZSE:300872) 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.

Tansun Technology 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
=284.7135/331.193*365 / 4
=78.44

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

Tansun Technology 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 )
=331.193 / 284.7135
=1.16

* 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.


Tansun Technology Co Inventory-to-Revenue Related Terms

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Tansun Technology Co (SZSE:300872) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Linqionggang East 1st Road, Room 608, Block A, Tibet Xixin Trading Co., Ltd, Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, Lhasa, CHN, 850000
Tansun Technology Co Ltd is engaged in independent research and development of core technologies and products, focusing on customer assets (credit, transaction banking and supply chain finance), risk management, core business systems. The company is focused on providing long-term IT solutions and services for financial industry customers, including central banks, political banks, state-owned banks, joint-stock banks, local commercial banks, and non-banking financial institutions. Its services include consulting and testing services.

Tansun Technology Co (SZSE:300872) Headlines

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