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China Precision Steel (China Precision Steel) Inventory-to-Revenue : 1.86 (As of Dec. 2014)


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What is China Precision Steel 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 Precision Steel's Average Total Inventories for the quarter that ended in Dec. 2014 was $9.66 Mil. China Precision Steel's Revenue for the three months ended in Dec. 2014 was $5.19 Mil. China Precision Steel's Inventory-to-Revenue for the quarter that ended in Dec. 2014 was 1.86.

China Precision Steel's Inventory-to-Revenue for the quarter that ended in Dec. 2014 increased from Sep. 2014 (1.78) to Sep. 2014 (1.86)

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. China Precision Steel's Days Inventory for the three months ended in Dec. 2014 was 110.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Precision Steel's Inventory Turnover for the quarter that ended in Dec. 2014 was 0.82.


China Precision Steel Inventory-to-Revenue Historical Data

The historical data trend for China Precision Steel'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 Precision Steel Inventory-to-Revenue Chart

China Precision Steel Annual Data
Trend Dec04 Dec05 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.34 0.32 0.43 0.28

China Precision Steel Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 1.34 1.02 1.29 1.78 1.86

Competitive Comparison of China Precision Steel's Inventory-to-Revenue

For the Steel subindustry, China Precision Steel'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 Precision Steel's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Precision Steel's Inventory-to-Revenue distribution charts can be found below:

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



China Precision Steel 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 Precision Steel's Inventory-to-Revenue for the fiscal year that ended in Jun. 2014 is calculated as

Inventory-to-Revenue (A: Jun. 2014 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2013 ) + Total Inventories (A: Jun. 2014 )) / count ) / Revenue (A: Jun. 2014 )
=( (15.837 + 10.344) / 2 ) / 47.192
=13.0905 / 47.192
=0.28

China Precision Steel's Inventory-to-Revenue for the quarter that ended in Dec. 2014 is calculated as

Inventory-to-Revenue (Q: Dec. 2014 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2014 ) + Total Inventories (Q: Dec. 2014 )) / count ) / Revenue (Q: Dec. 2014 )
=( (10.051 + 9.269) / 2 ) / 5.187
=9.66 / 5.187
=1.86

* 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 Precision Steel  (OTCPK:CPSL) 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 Precision Steel's Days Inventory for the three months ended in Dec. 2014 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2014 )/Cost of Goods Sold (Q: Dec. 2014 )*Days in Period
=9.66/7.946*365 / 4
=110.93

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

China Precision Steel's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2014 ) / Average Total Inventories (Q: Dec. 2014 )
=7.946 / 9.66
=0.82

* 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 Precision Steel Inventory-to-Revenue Related Terms

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China Precision Steel (China Precision Steel) Business Description

Traded in Other Exchanges
N/A
Address
China Precision Steel Inc is a steel processing company. The firm through its subsidiaries manufacture and sell cold rolled precision steel products for applications including automobile components and spare parts, kitchen tools, electrical appliances, roofing and food packaging materials. The company conducts its operations mainly in China.
Executives
Michael Friess director, officer: Secretary 5353 MANHATTAN CIRCLE, STE 101, BOULDER CO 80303

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