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China Fortune Land Development Co (SHSE:600340) Inventory-to-Revenue : 13.67 (As of Sep. 2023)


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What is China Fortune Land Development 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. China Fortune Land Development Co's Average Total Inventories for the quarter that ended in Sep. 2023 was ¥98,036 Mil. China Fortune Land Development Co's Revenue for the three months ended in Sep. 2023 was ¥7,171 Mil. China Fortune Land Development Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 13.67.

China Fortune Land Development Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Jun. 2023 (21.11) to Jun. 2023 (13.67)

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. China Fortune Land Development Co's Days Inventory for the three months ended in Sep. 2023 was 1,912.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Fortune Land Development Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.05.


China Fortune Land Development Co Inventory-to-Revenue Historical Data

The historical data trend for China Fortune Land Development 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.

China Fortune Land Development Co Inventory-to-Revenue Chart

China Fortune Land Development Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 1.98 1.69 3.76 4.20

China Fortune Land Development Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 17.13 12.52 18.92 21.11 13.67

Competitive Comparison of China Fortune Land Development Co's Inventory-to-Revenue

For the Real Estate - Development subindustry, China Fortune Land Development 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.


China Fortune Land Development Co's Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Fortune Land Development Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Fortune Land Development Co's Inventory-to-Revenue falls into.



China Fortune Land Development 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.

China Fortune Land Development 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 )
=( (145280.125 + 122871.889) / 2 ) / 31941.736
=134076.007 / 31941.736
=4.20

China Fortune Land Development Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (100610.129 + 95460.983) / 2 ) / 7170.628
=98035.556 / 7170.628
=13.67

* 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.


China Fortune Land Development Co  (SHSE:600340) 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.

China Fortune Land Development Co's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=98035.556/4677.629*365 / 4
=1,912.45

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

China Fortune Land Development Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=4677.629 / 98035.556
=0.05

* 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.


China Fortune Land Development Co Inventory-to-Revenue Related Terms

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China Fortune Land Development Co (SHSE:600340) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Xiaguangli, North Dongsanhuan Road, Fl.9, Block A, Jiacheng Plaza, Chaoyang District, Beijing, CHN, 100027
China Fortune Land Development Co Ltd is engaged in the investment, development, construction and operation of the new industrial city. It is primarily involved in planning, designing, land consolidation, investment, infrastructure construction and public facility development. Further, it is also involved in development of green cities and construction of smart urban.

China Fortune Land Development Co (SHSE:600340) Headlines

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