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New Asia Construction & Development (TPE:2516) Inventory-to-Revenue : 0.01 (As of Mar. 2024)


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What is New Asia Construction & Development 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. New Asia Construction & Development's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$10 Mil. New Asia Construction & Development's Revenue for the three months ended in Mar. 2024 was NT$1,976 Mil. New Asia Construction & Development's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

New Asia Construction & Development's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.00) to Dec. 2023 (0.01)

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. New Asia Construction & Development's Days Inventory for the three months ended in Mar. 2024 was 0.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. New Asia Construction & Development's Inventory Turnover for the quarter that ended in Mar. 2024 was 187.73.


New Asia Construction & Development Inventory-to-Revenue Historical Data

The historical data trend for New Asia Construction & Development'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.

New Asia Construction & Development Inventory-to-Revenue Chart

New Asia Construction & Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
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New Asia Construction & Development 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 - - - - 0.01

Competitive Comparison of New Asia Construction & Development's Inventory-to-Revenue

For the Engineering & Construction subindustry, New Asia Construction & Development'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.


New Asia Construction & Development's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, New Asia Construction & Development's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where New Asia Construction & Development's Inventory-to-Revenue falls into.



New Asia Construction & Development 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.

New Asia Construction & Development'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 )
=( (0 + 0) / 1 ) / 8629.594
=0 / 8629.594
=0.00

New Asia Construction & Development'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 )
=( (0 + 10.124) / 1 ) / 1976.338
=10.124 / 1976.338
=0.01

* 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.


New Asia Construction & Development  (TPE:2516) 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.

New Asia Construction & Development'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
=10.124/1900.544*365 / 4
=0.49

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

New Asia Construction & Development'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 )
=1900.544 / 10.124
=187.73

* 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.


New Asia Construction & Development Inventory-to-Revenue Related Terms

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New Asia Construction & Development (TPE:2516) Business Description

Traded in Other Exchanges
N/A
Address
N0. 760, Section 4, Bade Road,, 15,16th floor,, Songshan District, Taipei, TWN
New Asia Construction & Development Corp operates in the engineering and construction industry. The company is engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing, or selling of heavy equipment and public housing, and office buildings and repairs. The company is also engaged in manufacturing and selling ready mixed concrete and asphalt concrete and investment.

New Asia Construction & Development (TPE:2516) Headlines

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