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Vohringer Home Technology Co (SHSE:603226) Inventory-to-Revenue : 2.60 (As of Mar. 2024)


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What is Vohringer Home 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. Vohringer Home Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥133.3 Mil. Vohringer Home Technology Co's Revenue for the three months ended in Mar. 2024 was ¥51.3 Mil. Vohringer Home Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.60.

Vohringer Home Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.10) to Dec. 2023 (2.60)

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. Vohringer Home Technology Co's Days Inventory for the three months ended in Mar. 2024 was 265.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vohringer Home Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.34.


Vohringer Home Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Vohringer Home 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.

Vohringer Home Technology Co Inventory-to-Revenue Chart

Vohringer Home 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 0.16 0.23 0.21 0.33 0.37

Vohringer Home 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 2.04 1.40 1.40 1.10 2.60

Competitive Comparison of Vohringer Home Technology Co's Inventory-to-Revenue

For the Furnishings, Fixtures & Appliances subindustry, Vohringer Home 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.


Vohringer Home Technology Co's Inventory-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vohringer Home Technology Co's Inventory-to-Revenue distribution charts can be found below:

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



Vohringer Home 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.

Vohringer Home 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 )
=( (161.6 + 133.687) / 2 ) / 394.903
=147.6435 / 394.903
=0.37

Vohringer Home 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 )
=( (133.687 + 132.902) / 2 ) / 51.299
=133.2945 / 51.299
=2.60

* 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.


Vohringer Home Technology Co  (SHSE:603226) 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.

Vohringer Home 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
=133.2945/45.821*365 / 4
=265.45

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

Vohringer Home 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 )
=45.821 / 133.2945
=0.34

* 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.


Vohringer Home Technology Co Inventory-to-Revenue Related Terms

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Vohringer Home Technology Co (SHSE:603226) Business Description

Traded in Other Exchanges
N/A
Address
7001 Linhai Road, Qingcun Township, Fengxian District, Shanghai, CHN, 201414
Vohringer Home Technology Co Ltd, formerly Shanghai Vohringer Wood Product Co Ltd is engaged in the development and sale of wood flooring and wood custom furniture for the whole house. The company's main products include laminate flooring, multi-layer parquet, three-layer solid wood flooring, pure wooden floors and custom homes throughout the house.
Executives
Liu Dun Yin Directors, senior managers
Tao Yuan senior management
Sun Zhen Wei senior management
Li Cong senior management
Ji Fu Tang senior management
Li Yun senior management

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