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Dehua Tb New Decoration Material Co (SZSE:002043) Inventory-to-Revenue : 0.31 (As of Mar. 2024)


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What is Dehua Tb New Decoration Material 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. Dehua Tb New Decoration Material Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥465 Mil. Dehua Tb New Decoration Material Co's Revenue for the three months ended in Mar. 2024 was ¥1,483 Mil. Dehua Tb New Decoration Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.31.

Dehua Tb New Decoration Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.16) to Dec. 2023 (0.31)

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. Dehua Tb New Decoration Material Co's Days Inventory for the three months ended in Mar. 2024 was 34.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dehua Tb New Decoration Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.62.


Dehua Tb New Decoration Material Co Inventory-to-Revenue Historical Data

The historical data trend for Dehua Tb New Decoration Material 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.

Dehua Tb New Decoration Material Co Inventory-to-Revenue Chart

Dehua Tb New Decoration Material 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 0.07 0.09 0.08 0.07 0.05

Dehua Tb New Decoration Material 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 0.48 0.26 0.25 0.16 0.31

Competitive Comparison of Dehua Tb New Decoration Material Co's Inventory-to-Revenue

For the Lumber & Wood Production subindustry, Dehua Tb New Decoration Material 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.


Dehua Tb New Decoration Material Co's Inventory-to-Revenue Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dehua Tb New Decoration Material Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Dehua Tb New Decoration Material Co's Inventory-to-Revenue falls into.



Dehua Tb New Decoration Material 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.

Dehua Tb New Decoration Material 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 )
=( (529.29 + 434.59) / 2 ) / 9062.859
=481.94 / 9062.859
=0.05

Dehua Tb New Decoration Material 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 )
=( (434.59 + 495.95) / 2 ) / 1482.677
=465.27 / 1482.677
=0.31

* 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.


Dehua Tb New Decoration Material Co  (SZSE:002043) 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.

Dehua Tb New Decoration Material 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
=465.27/1217.798*365 / 4
=34.86

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

Dehua Tb New Decoration Material 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 )
=1217.798 / 465.27
=2.62

* 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.


Dehua Tb New Decoration Material Co Inventory-to-Revenue Related Terms

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Dehua Tb New Decoration Material Co (SZSE:002043) Business Description

Traded in Other Exchanges
N/A
Address
Luoshe Town Industrial Zone, Deqing County, Zhejiang Province, Huzhou, CHN, 313200
Dehua Tb New Decoration Material Co Ltd is a China-based decorative plywood manufacturer. Its product portfolio comprises veneers, plywood, flitches, wooden doors, adhesive products, raw wood and single boards, and others. The company sells its products in China and also exports it to the other international countries.
Executives
Lu Li Hua Directors, executives
Ding Guan Fen Supervisors
Ni Liu Shun Executives
Yao Yan Ying Supervisors
Yao Hong Xia Directors, executives
Zhuo Yan Executives
Xu Jun Directors, Directors, and Executives
Zhang Qi Sheng Independent director
Sun Chao Kun Executives
Wang Bin Bin Executives

Dehua Tb New Decoration Material Co (SZSE:002043) Headlines

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