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. Asia Cement's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$7,631 Mil. Asia Cement's Revenue for the
three
months ended in Dec. 2023 was NT$19,944 Mil.
Asia Cement's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.
Asia Cement's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.40) to Sep. 2023 (0.38)
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.
Asia Cement's Days Inventory for the
three
months ended in Dec. 2023 was 39.46.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Asia Cement's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.31.
Asia Cement Inventory-to-Revenue Historical Data
The historical data trend for Asia Cement'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.
Competitive Comparison of Asia Cement's Inventory-to-Revenue
For the Building Materials subindustry, Asia Cement'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.
Asia Cement's Inventory-to-Revenue Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Asia Cement's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Asia Cement's Inventory-to-Revenue falls into.
Asia Cement 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.
Asia Cement'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.
Asia Cement (TPE:1102) 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.
Asia Cement's Days Inventory for the
three
months 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.
Asia Cement Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Asia Cement's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries. The firm also provides a range of services that include industrial plant development, real estate, real estate leasing, warehousing, parking management, waste disposal, and international trade. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, plaster, and silica sand. The majority of revenue comes from Taiwan and China. Its reportable segments are as follows: Cement, electric power, investment, engineering, transportation, stainless steel, and leasing.
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