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Suzhou Dongshan Precision Manufacturing Co (SZSE:002384) Inventory-to-Revenue : 0.83 (As of Mar. 2024)


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What is Suzhou Dongshan Precision Manufacturing 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. Suzhou Dongshan Precision Manufacturing Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥6,387 Mil. Suzhou Dongshan Precision Manufacturing Co's Revenue for the three months ended in Mar. 2024 was ¥7,745 Mil. Suzhou Dongshan Precision Manufacturing Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.83.

Suzhou Dongshan Precision Manufacturing Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.60) to Dec. 2023 (0.83)

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. Suzhou Dongshan Precision Manufacturing Co's Days Inventory for the three months ended in Mar. 2024 was 87.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suzhou Dongshan Precision Manufacturing Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.05.


Suzhou Dongshan Precision Manufacturing Co Inventory-to-Revenue Historical Data

The historical data trend for Suzhou Dongshan Precision Manufacturing 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.

Suzhou Dongshan Precision Manufacturing Co Inventory-to-Revenue Chart

Suzhou Dongshan Precision Manufacturing 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 0.18 0.19 0.20 0.20 0.19

Suzhou Dongshan Precision Manufacturing 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 0.96 0.88 0.76 0.60 0.83

Competitive Comparison of Suzhou Dongshan Precision Manufacturing Co's Inventory-to-Revenue

For the Electronic Components subindustry, Suzhou Dongshan Precision Manufacturing 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.


Suzhou Dongshan Precision Manufacturing Co's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou Dongshan Precision Manufacturing Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Suzhou Dongshan Precision Manufacturing Co's Inventory-to-Revenue falls into.



Suzhou Dongshan Precision Manufacturing 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.

Suzhou Dongshan Precision Manufacturing 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 )
=( (6165.738 + 6293.879) / 2 ) / 33651.205
=6229.8085 / 33651.205
=0.19

Suzhou Dongshan Precision Manufacturing 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 )
=( (6293.879 + 6480.397) / 2 ) / 7744.805
=6387.138 / 7744.805
=0.82

* 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.


Suzhou Dongshan Precision Manufacturing Co  (SZSE:002384) 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.

Suzhou Dongshan Precision Manufacturing 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
=6387.138/6691.217*365 / 4
=87.10

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

Suzhou Dongshan Precision Manufacturing 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 )
=6691.217 / 6387.138
=1.05

* 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.


Suzhou Dongshan Precision Manufacturing Co Inventory-to-Revenue Related Terms

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Suzhou Dongshan Precision Manufacturing Co (SZSE:002384) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Tangdong Road, Wuzhong Economic Development Zone, Suzhou, CHN, 215124
Suzhou Dongshan Precision Manufacturing Co Ltd is a China-based company involved in the research, development, manufacture, and sale of precision metal products. It provides precision manufacturing services for LED lighting, LCM & machine, smart device, and communication device among others.
Executives
Yuan Yong Feng Directors, executives
Yuan Yong Gang Director
Dan Jian Bin Director
Wang Xu Directors, executives
Mao Xiao Yan Directors, Directors, and Executives
Fei Li Jian Supervisors
Huang Li Gui Director
Zheng Feng Independent director
Xu Yi Min Directors, executives
Zhou Gui Hua Executives
Chen Xiao Yong Director

Suzhou Dongshan Precision Manufacturing Co (SZSE:002384) Headlines

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