What is Qinchuan Machine Tool & Tool Group Share 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. Qinchuan Machine Tool & Tool Group Share Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,946 Mil. Qinchuan Machine Tool & Tool Group Share Co's Revenue for the
three
months ended in Mar. 2024 was ¥981 Mil.
Qinchuan Machine Tool & Tool Group Share Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.98.
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.
Qinchuan Machine Tool & Tool Group Share Co's Days Inventory for the
three
months ended in Mar. 2024 was 217.55.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Qinchuan Machine Tool & Tool Group Share Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.42.
Qinchuan Machine Tool & Tool Group Share Co Inventory-to-Revenue Historical Data
* 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.
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Qinchuan Machine Tool & Tool Group Share Co Inventory-to-Revenue Chart
Qinchuan Machine Tool & Tool Group Share Co Annual Data
Competitive Comparison of Qinchuan Machine Tool & Tool Group Share Co's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Qinchuan Machine Tool & Tool Group Share 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.
Qinchuan Machine Tool & Tool Group Share Co's Inventory-to-Revenue Distribution in the Industrial Products Industry
* The bar in red indicates where Qinchuan Machine Tool & Tool Group Share Co's Inventory-to-Revenue falls into.
Qinchuan Machine Tool & Tool Group Share 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.
* 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.
Qinchuan Machine Tool & Tool Group Share Co (SZSE:000837) 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.
Qinchuan Machine Tool & Tool Group Share Co's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Qinchuan Machine Tool & Tool Group Share Co Inventory-to-Revenue Related Terms
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Qinchuan Machine Tool & Tool Group Share Co (SZSE:000837) Business Description
Qinchuan Machine Tool & Tool Group Share Co Ltd is mainly engaged in the production and sales of metal cutting machine tools, plastic processing machinery and related equipment and raw materials in China. It offers CNC machine tools, gear and gearboxes, plastics machinery, and precision casting products.
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