GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanofilm Technologies International Ltd (SGX:MZH) » Definitions » Inventory-to-Revenue

Nanofilm Technologies International (SGX:MZH) Inventory-to-Revenue : 0.20 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Nanofilm Technologies International 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. Nanofilm Technologies International's Average Total Inventories for the quarter that ended in Dec. 2023 was S$20.6 Mil. Nanofilm Technologies International's Revenue for the six months ended in Dec. 2023 was S$103.9 Mil. Nanofilm Technologies International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Nanofilm Technologies International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.27) to Jun. 2023 (0.20)

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. Nanofilm Technologies International's Days Inventory for the six months ended in Dec. 2023 was 60.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nanofilm Technologies International's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.00.


Nanofilm Technologies International Inventory-to-Revenue Historical Data

The historical data trend for Nanofilm Technologies International'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.

Nanofilm Technologies International Inventory-to-Revenue Chart

Nanofilm Technologies International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.11 0.07 0.07 0.08 0.11

Nanofilm Technologies International Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.16 0.15 0.27 0.20

Competitive Comparison of Nanofilm Technologies International's Inventory-to-Revenue

For the Electronic Components subindustry, Nanofilm Technologies International'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.


Nanofilm Technologies International's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nanofilm Technologies International's Inventory-to-Revenue distribution charts can be found below:

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



Nanofilm Technologies International 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.

Nanofilm Technologies International'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 )
=( (18.429 + 19.5) / 2 ) / 177.018
=18.9645 / 177.018
=0.11

Nanofilm Technologies International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (21.726 + 19.5) / 2 ) / 103.866
=20.613 / 103.866
=0.20

* 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.


Nanofilm Technologies International  (SGX:MZH) 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.

Nanofilm Technologies International's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=20.613/61.742*365 / 2
=60.93

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

Nanofilm Technologies International's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=61.742 / 20.613
=3.00

* 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.


Nanofilm Technologies International Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Nanofilm Technologies International's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Nanofilm Technologies International (SGX:MZH) Business Description

Traded in Other Exchanges
N/A
Address
11 Tai Seng Drive, Singapore, SGP, 535226
Nanofilm Technologies International Ltd is a provider of nanotechnology solutions in Asia. Its solutions serve as key catalysts enabling customers to achieve high value-add advancements in their end-products in an environmentally sustainable manner. The company operates in three segments: advanced materials BU, Nanofabrication BU, Sydrogen BU and Industrial equipment BU . The majority of its revenue comes from the advanced materials BU segment, which provides advanced materials through surface solution services based on its vacuum coating technologies and processes. Geographically, the company generates revenue from Singapore, Japan, Vietnam and China being the majority revenue generator.

Nanofilm Technologies International (SGX:MZH) Headlines

No Headlines