What is Zhejiang Crystal-OpTech 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. Zhejiang Crystal-OpTech Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥652 Mil. Zhejiang Crystal-OpTech Co's Revenue for the
three
months ended in Mar. 2024 was ¥1,345 Mil.
Zhejiang Crystal-OpTech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.49.
Zhejiang Crystal-OpTech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.48) to Dec. 2023 (0.49)
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.
Zhejiang Crystal-OpTech Co's Days Inventory for the
three
months ended in Mar. 2024 was 58.24.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhejiang Crystal-OpTech Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.57.
Zhejiang Crystal-OpTech 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.
* Premium members only.
Zhejiang Crystal-OpTech Co Inventory-to-Revenue Chart
Competitive Comparison of Zhejiang Crystal-OpTech Co's Inventory-to-Revenue
For the Electronic Components subindustry, Zhejiang Crystal-OpTech 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.
Zhejiang Crystal-OpTech Co's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Zhejiang Crystal-OpTech Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Zhejiang Crystal-OpTech Co's Inventory-to-Revenue falls into.
Zhejiang Crystal-OpTech 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.
Zhejiang Crystal-OpTech Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 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.
Zhejiang Crystal-OpTech Co (SZSE:002273) 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.
Zhejiang Crystal-OpTech 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.
Zhejiang Crystal-OpTech Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Zhejiang Crystal-OpTech Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhejiang Crystal-OpTech Co (SZSE:002273) Business Description
Zhejiang Crystal-OpTech Co Ltd is a China-based high-tech company. It is engaged in the research, development, manufacture, and sale of optoelectronic components. The main products of the company are applied to the digital camera, mobile phone camera, security monitoring camera, computer camera and other digital camera lenses, semiconductor illumination, micro projector, smart glasses, road traffic mark and safety protection. The company has the precise optical cold working technology, super-hard material optical process technology, precise optical film, semiconductor process, coating, and embedding core technologies.
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