Weidai (Weidai) Inventory-to-Revenue : 0.00 (As of Dec. 2021)

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What is Weidai 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. Weidai's Average Total Inventories for the quarter that ended in Dec. 2021 was $0.0 Mil. Weidai's Revenue for the six months ended in Dec. 2021 was $27.1 Mil. Weidai's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.00.

Weidai's Inventory-to-Revenue for the quarter that ended in Dec. 2021 stayed the same from Jun. 2021 (0.00) to Jun. 2021 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Weidai's Days Inventory for the six months ended in Dec. 2021 was 0.00.

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

Weidai Inventory-to-Revenue Historical Data

The historical data trend for Weidai'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.

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Weidai Inventory-to-Revenue Chart

Weidai Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory-to-Revenue

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Weidai Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Inventory-to-Revenue	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Weidai's Inventory-to-Revenue

For the Credit Services subindustry, Weidai'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.

Weidai's Inventory-to-Revenue Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Weidai's Inventory-to-Revenue distribution charts can be found below:

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

Weidai Inventory-to-Revenue Calculation

Weidai's Inventory-to-Revenue for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory-to-Revenue (A: Dec. 2021 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )
=	( (0	+	0)	/	1 )	/	111.497
=	0					/	111.497
=	0.00

Weidai's Inventory-to-Revenue for the quarter that ended in Dec. 2021 is calculated as

	Inventory-to-Revenue (Q: Dec. 2021 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )	/	Revenue (Q: Dec. 2021 )
=	( (0	+	0)	/	1 )	/	27.118
=	0					/	27.118
=	0.00

Weidai (OTCPK:WEIDY) 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.

Weidai's Days Inventory for the six months ended in Dec. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2021 )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
	=	0	/	28.537	*	365 / 2
	=	0.00

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

Weidai's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2021 )	/	Average Total Inventories (Q: Dec. 2021 )
	=	28.537	/	0
	=

Weidai Inventory-to-Revenue Related Terms

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Weidai (Weidai) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Weidai Ltd (OTCPK:WEIDY) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 668, Jianshe 3rd Road, Hongxin Science and Technology Park, Xiaoshan District, Zhejiang Province, Hangzhou, CHN

Website

https://www.weidai.com.cn

Weidai Ltd is engaged in the online finance marketplace business in the People's Republic of China. The company's platform connects borrowers, the majority of which are small and micro enterprise owners, with both online investors and institutional funding partners. It generates revenue from the service fees charged to borrowers for facilitation and management of loans, and also charge fees to online investors for facilitating their investments via a platform, and the transfer of their investments on its secondary loan market.