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Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Inventory-to-Revenue : 3.20 (As of Mar. 2024)


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What is Hunan Aerospace Huanyu Communication 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. Hunan Aerospace Huanyu Communication Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥139.5 Mil. Hunan Aerospace Huanyu Communication Technology Co's Revenue for the three months ended in Mar. 2024 was ¥43.6 Mil. Hunan Aerospace Huanyu Communication Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.20.

Hunan Aerospace Huanyu Communication Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.54) to Dec. 2023 (3.20)

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. Hunan Aerospace Huanyu Communication Technology Co's Days Inventory for the three months ended in Mar. 2024 was 455.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hunan Aerospace Huanyu Communication Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.20.


Hunan Aerospace Huanyu Communication Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Hunan Aerospace Huanyu Communication 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.

Hunan Aerospace Huanyu Communication Technology Co Inventory-to-Revenue Chart

Hunan Aerospace Huanyu Communication Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.15 0.15 0.18 0.18 0.23

Hunan Aerospace Huanyu Communication Technology Co Quarterly Data
Dec19 Dec20 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 3.91 1.54 1.45 0.54 3.20

Competitive Comparison of Hunan Aerospace Huanyu Communication Technology Co's Inventory-to-Revenue

For the Aerospace & Defense subindustry, Hunan Aerospace Huanyu Communication 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.


Hunan Aerospace Huanyu Communication Technology Co's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hunan Aerospace Huanyu Communication Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Hunan Aerospace Huanyu Communication Technology Co's Inventory-to-Revenue falls into.



Hunan Aerospace Huanyu Communication 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.

Hunan Aerospace Huanyu Communication 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 )
=( (85.485 + 126.855) / 2 ) / 456.204
=106.17 / 456.204
=0.23

Hunan Aerospace Huanyu Communication 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 )
=( (126.855 + 152.051) / 2 ) / 43.606
=139.453 / 43.606
=3.20

* 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.


Hunan Aerospace Huanyu Communication Technology Co  (SHSE:688523) 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.

Hunan Aerospace Huanyu Communication 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
=139.453/27.921*365 / 4
=455.75

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

Hunan Aerospace Huanyu Communication 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 )
=27.921 / 139.453
=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.


Hunan Aerospace Huanyu Communication Technology Co Inventory-to-Revenue Related Terms

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Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Xingkang South Road, Yuelu District, Hunan, Changsha, CHN, 410205
Hunan Aerospace Huanyu Communication Technology Co Ltd is mainly engaged in the R&D, manufacturing and service of space-borne high-end microwave communication, satellite communication, aerospace technology equipment and high-end composite material parts and components. The company is committed to providing product support and engineering application services for major aerospace host units.

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