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Anhui Jianghuai Automobile Group Co (SHSE:600418) Inventory-to-Revenue : 0.40 (As of Mar. 2024)


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What is Anhui Jianghuai Automobile Group 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. Anhui Jianghuai Automobile Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥4,478 Mil. Anhui Jianghuai Automobile Group Co's Revenue for the three months ended in Mar. 2024 was ¥11,282 Mil. Anhui Jianghuai Automobile Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.40.

Anhui Jianghuai Automobile Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.42) to Dec. 2023 (0.40)

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. Anhui Jianghuai Automobile Group Co's Days Inventory for the three months ended in Mar. 2024 was 40.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anhui Jianghuai Automobile Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.23.


Anhui Jianghuai Automobile Group Co Inventory-to-Revenue Historical Data

The historical data trend for Anhui Jianghuai Automobile Group 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.

Anhui Jianghuai Automobile Group Co Inventory-to-Revenue Chart

Anhui Jianghuai Automobile Group 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 0.05 0.05 0.06 0.08 0.09

Anhui Jianghuai Automobile Group 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 0.37 0.43 0.43 0.42 0.40

Competitive Comparison of Anhui Jianghuai Automobile Group Co's Inventory-to-Revenue

For the Auto Manufacturers subindustry, Anhui Jianghuai Automobile Group 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.


Anhui Jianghuai Automobile Group Co's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Anhui Jianghuai Automobile Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Anhui Jianghuai Automobile Group Co's Inventory-to-Revenue falls into.



Anhui Jianghuai Automobile Group 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.

Anhui Jianghuai Automobile Group 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 )
=( (3388.32 + 4745.678) / 2 ) / 45016.409
=4066.999 / 45016.409
=0.09

Anhui Jianghuai Automobile Group 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 )
=( (4745.678 + 4209.785) / 2 ) / 11282.425
=4477.7315 / 11282.425
=0.40

* 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.


Anhui Jianghuai Automobile Group Co  (SHSE:600418) 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.

Anhui Jianghuai Automobile Group 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
=4477.7315/9975.946*365 / 4
=40.96

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

Anhui Jianghuai Automobile Group 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 )
=9975.946 / 4477.7315
=2.23

* 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.


Anhui Jianghuai Automobile Group Co Inventory-to-Revenue Related Terms

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Anhui Jianghuai Automobile Group Co (SHSE:600418) Business Description

Traded in Other Exchanges
N/A
Address
No. 176 Dongliu Road, Hefei, Anhui, CHN, 230022
Anhui Jianghuai Automobile Group Co Ltd manufactures and sells passenger and commercial vehicles. It offers passenger cars, bus chassis, buses, SRVs, sedans, and gasoline engines; and special vehicles, such as ambulances, police wagons, and traffic control vehicles, as well as modified passenger cars and commercial vehicles. The company also provides commercial vehicles, such as light, medium, and heavy-duty trucks; vans; and electric vehicles.
Executives
Wang Bing Director
Dai Mao Fang Director
Wang Dong Sheng Supervisors
An Jin Director
Zuo Yan An Director

Anhui Jianghuai Automobile Group Co (SHSE:600418) Headlines

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