What is Xiamen Comfort Science and Technology Group 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. Xiamen Comfort Science and Technology Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥958 Mil. Xiamen Comfort Science and Technology Group Co's Revenue for the
three
months ended in Mar. 2024 was ¥1,051 Mil.
Xiamen Comfort Science and Technology Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.91.
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.
Xiamen Comfort Science and Technology Group Co's Days Inventory for the
three
months ended in Mar. 2024 was 135.58.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Xiamen Comfort Science and Technology Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.67.
Xiamen Comfort Science and Technology Group 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.
Xiamen Comfort Science and Technology Group Co Inventory-to-Revenue Chart
Xiamen Comfort Science and Technology Group Co Annual Data
Competitive Comparison of Xiamen Comfort Science and Technology Group Co's Inventory-to-Revenue
For the Leisure subindustry, Xiamen Comfort Science and Technology Group 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.
Xiamen Comfort Science and Technology Group Co's Inventory-to-Revenue Distribution in the Travel & Leisure Industry
* The bar in red indicates where Xiamen Comfort Science and Technology Group Co's Inventory-to-Revenue falls into.
Xiamen Comfort Science and Technology Group 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.
Xiamen Comfort Science and Technology Group Co (SZSE:002614) 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.
Xiamen Comfort Science and Technology Group 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.
Xiamen Comfort Science and Technology Group Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Xiamen Comfort Science and Technology Group Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Xiamen Comfort Science and Technology Group Co (SZSE:002614) Business Description
Xiamen Comfort Science and Technology Group Co Ltd is a China based company operating in the industries of health massage, health environment, home medical care, and others. The company is principally engaged in manufacturing massage healthcare product like massage chairs. It also offers products in the areas of healthy environment like humidifier, and health monitoring like weight analysis device. The company sells its products in China and other international countries. Some of the company's brands are Ogawa, Cozzia, Fuji, Fujimedic, and Medisana.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:002614 has been successfully added to your 