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Wells Advanced Materials (Shanghai) Co (SZSE:301555) Inventory-to-Revenue : 0.27 (As of Sep. 2024)


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What is Wells Advanced Materials (Shanghai) 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. Wells Advanced Materials (Shanghai) Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥112 Mil. Wells Advanced Materials (Shanghai) Co's Revenue for the three months ended in Sep. 2024 was ¥418 Mil. Wells Advanced Materials (Shanghai) Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.27.

Wells Advanced Materials (Shanghai) Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (0.29) to Jun. 2024 (0.27)

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. Wells Advanced Materials (Shanghai) Co's Days Inventory for the three months ended in Sep. 2024 was 26.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wells Advanced Materials (Shanghai) Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.42.


Wells Advanced Materials (Shanghai) Co Inventory-to-Revenue Historical Data

The historical data trend for Wells Advanced Materials (Shanghai) 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.

Wells Advanced Materials (Shanghai) Co Inventory-to-Revenue Chart

Wells Advanced Materials (Shanghai) Co Annual Data
Trend Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.09 0.05 0.05 0.06 0.08

Wells Advanced Materials (Shanghai) Co Quarterly Data
Jun14 Dec14 Jun15 Dec18 Dec19 Dec20 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 0.26 0.22 0.44 0.29 0.27

Competitive Comparison of Wells Advanced Materials (Shanghai) Co's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Wells Advanced Materials (Shanghai) 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.


Wells Advanced Materials (Shanghai) Co's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wells Advanced Materials (Shanghai) Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Wells Advanced Materials (Shanghai) Co's Inventory-to-Revenue falls into.



Wells Advanced Materials (Shanghai) 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.

Wells Advanced Materials (Shanghai) 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 )
=( (114.424 + 97.769) / 2 ) / 1378.196
=106.0965 / 1378.196
=0.08

Wells Advanced Materials (Shanghai) 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 )
=( (107.22 + 116.564) / 2 ) / 418.287
=111.892 / 418.287
=0.27

* 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.


Wells Advanced Materials (Shanghai) Co  (SZSE:301555) 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.

Wells Advanced Materials (Shanghai) 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
=111.892/382.268*365 / 4
=26.71

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

Wells Advanced Materials (Shanghai) 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 )
=382.268 / 111.892
=3.42

* 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.


Wells Advanced Materials (Shanghai) Co Inventory-to-Revenue Related Terms

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Wells Advanced Materials (Shanghai) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 558 Boyuan Road, Building 2, Jiangqiao, Jiading, Shanghai, CHN, 201812
Wells Advanced Materials (Shanghai) Co Ltd is engaged in research & development, production and sales of special formula-modified epoxy resin series products.

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