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Meiwu Technology Co (Meiwu Technology Co) Inventory-to-Revenue : 0.03 (As of Jun. 2023)


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What is Meiwu 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. Meiwu Technology Co's Average Total Inventories for the quarter that ended in Jun. 2023 was $0.30 Mil. Meiwu Technology Co's Revenue for the six months ended in Jun. 2023 was $10.68 Mil. Meiwu Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.03.

Meiwu Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 declined from Dec. 2022 (0.04) to Dec. 2022 (0.03)

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. Meiwu Technology Co's Days Inventory for the six months ended in Jun. 2023 was 6.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meiwu Technology Co's Inventory Turnover for the quarter that ended in Jun. 2023 was 27.25.


Meiwu Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Meiwu 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.

Meiwu Technology Co Inventory-to-Revenue Chart

Meiwu Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
0.05 0.02 0.04 0.08 0.04

Meiwu Technology Co Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.07 0.33 0.04 0.03

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

For the Internet Retail subindustry, Meiwu 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.


Meiwu Technology Co's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meiwu Technology Co's Inventory-to-Revenue distribution charts can be found below:

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



Meiwu 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.

Meiwu Technology Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (0.433 + 0.345) / 2 ) / 10.979
=0.389 / 10.979
=0.04

Meiwu Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (0.345 + 0.259) / 2 ) / 10.683
=0.302 / 10.683
=0.03

* 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.


Meiwu Technology Co  (NAS:WNW) 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.

Meiwu Technology Co's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0.302/8.228*365 / 2
=6.70

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

Meiwu Technology Co's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=8.228 / 0.302
=27.25

* 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.


Meiwu Technology Co Inventory-to-Revenue Related Terms

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Meiwu Technology Co (Meiwu Technology Co) Business Description

Traded in Other Exchanges
N/A
Address
No. 743 Zhoushi Road, Hangcheng Street, 1602, Building C, Shenye Century Industrial Center, Bao’an District, Shenzhen, CHN
Meiwu Technology Co Ltd operates as an online food retail store and franchise restaurants in China. The products offered include green food, organic food, intangible cultural heritage food products, agricultural products bearing geographical indications, and pollution-free products. It operates in three segments: Clean Food Platform, which generates nearly all of its revenue; Restaurant; and Others.

Meiwu Technology Co (Meiwu Technology Co) Headlines