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Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Inventory-to-Revenue : 1.08 (As of Mar. 2024)


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What is Wuxi Dingbang Heat Exchange Equipment 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. Wuxi Dingbang Heat Exchange Equipment Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥113.1 Mil. Wuxi Dingbang Heat Exchange Equipment Co's Revenue for the three months ended in Mar. 2024 was ¥104.8 Mil. Wuxi Dingbang Heat Exchange Equipment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.08.

Wuxi Dingbang Heat Exchange Equipment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.08) to Dec. 2023 (1.08)

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. Wuxi Dingbang Heat Exchange Equipment Co's Days Inventory for the three months ended in Mar. 2024 was 129.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuxi Dingbang Heat Exchange Equipment Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.70.


Wuxi Dingbang Heat Exchange Equipment Co Inventory-to-Revenue Historical Data

The historical data trend for Wuxi Dingbang Heat Exchange Equipment 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.

Wuxi Dingbang Heat Exchange Equipment Co Inventory-to-Revenue Chart

Wuxi Dingbang Heat Exchange Equipment Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.46 0.56 0.46 0.37 0.29

Wuxi Dingbang Heat Exchange Equipment Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 1.64 1.21 1.31 1.08 1.08

Competitive Comparison of Wuxi Dingbang Heat Exchange Equipment Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Wuxi Dingbang Heat Exchange Equipment 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.


Wuxi Dingbang Heat Exchange Equipment Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Dingbang Heat Exchange Equipment Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Wuxi Dingbang Heat Exchange Equipment Co's Inventory-to-Revenue falls into.



Wuxi Dingbang Heat Exchange Equipment 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.

Wuxi Dingbang Heat Exchange Equipment Co'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 )
=( (132.473 + 118.496) / 2 ) / 438.445
=125.4845 / 438.445
=0.29

Wuxi Dingbang Heat Exchange Equipment Co'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 )
=( (118.496 + 107.672) / 2 ) / 104.765
=113.084 / 104.765
=1.08

* 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.


Wuxi Dingbang Heat Exchange Equipment Co  (BJSE:872931) 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.

Wuxi Dingbang Heat Exchange Equipment Co'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
=113.084/79.469*365 / 4
=129.85

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

Wuxi Dingbang Heat Exchange Equipment Co'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 )
=79.469 / 113.084
=0.70

* 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.


Wuxi Dingbang Heat Exchange Equipment Co Inventory-to-Revenue Related Terms

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Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Houshan South Road, No. 29, Anzhen Town, Xishan District, Jiangsu Province, Wuxi City, CHN, 214104
Wuxi Dingbang Heat Exchange Equipment Co Ltd is engaged in research and development, design, manufacturing and sales of special heat exchange equipment for oil refining and chemical industry. Its products includes various tube heat exchangers, spiral baffle heat exchangers, air-cooled heat exchangers (air coolers), plate-bundle heat exchangers and A2 pressure vessels, as well as planetary differential start of oil extraction machines.

Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Headlines

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