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Anhui Guangxin Agrochemical Co (SHSE:603599) Inventory-to-Revenue

: 0.62 (As of Sep. 2023)
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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. Anhui Guangxin Agrochemical Co's Average Total Inventories for the quarter that ended in Sep. 2023 was ¥811 Mil. Anhui Guangxin Agrochemical Co's Revenue for the three months ended in Sep. 2023 was ¥1,319 Mil. Anhui Guangxin Agrochemical Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.62.

Anhui Guangxin Agrochemical Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Jun. 2023 (0.40) to Jun. 2023 (0.62)

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. Anhui Guangxin Agrochemical Co's Days Inventory for the three months ended in Sep. 2023 was 90.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anhui Guangxin Agrochemical Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.01.


Anhui Guangxin Agrochemical Co Inventory-to-Revenue Historical Data

The historical data trend for Anhui Guangxin Agrochemical 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.

Anhui Guangxin Agrochemical Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.18 0.20 0.20 0.14

Anhui Guangxin Agrochemical 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 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 Premium Member Only Premium Member Only Premium Member Only 0.56 0.46 0.52 0.40 0.62

Competitive Comparison

For the Agricultural Inputs subindustry, Anhui Guangxin Agrochemical 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.


Anhui Guangxin Agrochemical Co Inventory-to-Revenue Distribution

For the Agriculture industry and Basic Materials sector, Anhui Guangxin Agrochemical Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Anhui Guangxin Agrochemical Co's Inventory-to-Revenue falls into.



Anhui Guangxin Agrochemical 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.

Anhui Guangxin Agrochemical 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 )
=( (1405.023 + 1175.539) / 2 ) / 9062.37
=1290.281 / 9062.37
=0.14

Anhui Guangxin Agrochemical 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 )
=( (679.514 + 942.261) / 2 ) / 1318.969
=810.8875 / 1318.969
=0.61

* 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.


Anhui Guangxin Agrochemical Co  (SHSE:603599) 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.

Anhui Guangxin Agrochemical 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
=810.8875/817.872*365 / 4
=90.47

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

Anhui Guangxin Agrochemical 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 )
=817.872 / 810.8875
=1.01

* 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.


Anhui Guangxin Agrochemical Co Inventory-to-Revenue Related Terms

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Anhui Guangxin Agrochemical Co (SHSE:603599) Business Description

Traded in Other Exchanges
N/A
Address
Caijiashan Pengcun Village, Guangde, Anhui, Xinhang Town, CHN, 242234
Anhui Guangxin Agrochemical Co Ltd is engaged in research, development, production, and sales of pesticides, and pesticides and phosgenation intermediates. The products of the company include fungicide, herbicide, insecticide, phosgene intermediate, and non-phosgene intermediate.

Anhui Guangxin Agrochemical Co (SHSE:603599) Headlines

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