What is China Vanadium Titano-Magnetite Mining 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 Vanadium Titano-Magnetite Mining Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$18.6 Mil. China Vanadium Titano-Magnetite Mining Co's Revenue for the
six
months ended in Dec. 2023 was HK$550.7 Mil.
China Vanadium Titano-Magnetite Mining Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.
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 Vanadium Titano-Magnetite Mining Co's Days Inventory for the
six
months ended in Dec. 2023 was 6.43.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Vanadium Titano-Magnetite Mining Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 28.39.
China Vanadium Titano-Magnetite Mining Co Inventory-to-Revenue Historical Data
* 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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China Vanadium Titano-Magnetite Mining Co Inventory-to-Revenue Chart
China Vanadium Titano-Magnetite Mining Co Annual Data
Competitive Comparison of China Vanadium Titano-Magnetite Mining Co's Inventory-to-Revenue
For the Steel subindustry, China Vanadium Titano-Magnetite Mining 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 Vanadium Titano-Magnetite Mining Co's Inventory-to-Revenue Distribution in the Steel Industry
* The bar in red indicates where China Vanadium Titano-Magnetite Mining Co's Inventory-to-Revenue falls into.
China Vanadium Titano-Magnetite Mining 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.
* 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 Vanadium Titano-Magnetite Mining Co (HKSE:00893) 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 Vanadium Titano-Magnetite Mining Co's Days Inventory for the
six
months ended in Dec. 2023 is calculated as:
* 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 Vanadium Titano-Magnetite Mining Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of China Vanadium Titano-Magnetite Mining Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
China Vanadium Titano-Magnetite Mining Co (HKSE:00893) Business Description
China Vanadium Titano-Magnetite Mining Co Ltd is engaged in mining and ore processing; sale of self-produced products; trading of steels; management of strategic investments; and rendering of specialized mining services. Its segments include the High-Fe Mining operation segment comprises the operation of the sale of self-produced high-grade iron concentrates within the range of 65% TFe to 72% TFe and the provision of consultancy and management services; the Trading segment comprises the operation of the sale of traded products; and the Corporate and others segment covers the nonoperating activities supporting the group which includes the central functions such as the functional costs that have not been allocated to the other segments.
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