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Hisense Visual Technology Co (SHSE:600060) Inventory-to-Revenue : 0.47 (As of Mar. 2024)


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What is Hisense Visual Technology 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. Hisense Visual Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥5,912 Mil. Hisense Visual Technology Co's Revenue for the three months ended in Mar. 2024 was ¥12,702 Mil. Hisense Visual Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.

Hisense Visual Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.40) to Dec. 2023 (0.47)

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. Hisense Visual Technology Co's Days Inventory for the three months ended in Mar. 2024 was 50.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hisense Visual Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.81.


Hisense Visual Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Hisense Visual Technology 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.

Hisense Visual Technology Co Inventory-to-Revenue Chart

Hisense Visual Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.10 0.10 0.10 0.09

Hisense Visual Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 0.38 0.37 0.38 0.40 0.47

Competitive Comparison of Hisense Visual Technology Co's Inventory-to-Revenue

For the Consumer Electronics subindustry, Hisense Visual Technology 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.


Hisense Visual Technology Co's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hisense Visual Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Hisense Visual Technology Co's Inventory-to-Revenue falls into.



Hisense Visual Technology 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.

Hisense Visual Technology 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 )
=( (4189.08 + 5831.227) / 2 ) / 53615.559
=5010.1535 / 53615.559
=0.09

Hisense Visual Technology 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 )
=( (5831.227 + 5992.845) / 2 ) / 12701.522
=5912.036 / 12701.522
=0.47

* 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.


Hisense Visual Technology Co  (SHSE:600060) 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.

Hisense Visual Technology 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
=5912.036/10699.49*365 / 4
=50.42

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

Hisense Visual Technology 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 )
=10699.49 / 5912.036
=1.81

* 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.


Hisense Visual Technology Co Inventory-to-Revenue Related Terms

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Hisense Visual Technology Co (SHSE:600060) Business Description

Traded in Other Exchanges
N/A
Address
No.218, Qian Wangang Road, Economic and Technological Development Zone, Shandong Province, Qingdao, CHN, 266555
Hisense Visual Technology Co Ltd is engaged in the distribution and servicing of home appliances, telecommunications, green energy-saving refrigeration technology, and information technologies. Its brand includes Kelon, Ronshen, Vidaa among others.
Executives
Li Jia senior management
Yu Zhi Tao Directors, senior managers
Liu Sha Sha senior management
Cheng Kai Xun Director
Wu Hai Yan senior management
Lin Lan Director
Dai Hui Zhong Director
Zhou Hou Jian Director
Xia Feng senior management
Liu Jiang Yan senior management
Tian Ye Director
Yu Shu Min Director
Liu Hong Xin Director
Mi Liang Yuan senior management
Liu Xin senior management

Hisense Visual Technology Co (SHSE:600060) Headlines

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