What is Winall Hi-tech Seed 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. Winall Hi-tech Seed Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥2,216 Mil. Winall Hi-tech Seed Co's Revenue for the
three
months ended in Mar. 2024 was ¥673 Mil.
Winall Hi-tech Seed Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.29.
Winall Hi-tech Seed Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.78) to Dec. 2023 (3.29)
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.
Winall Hi-tech Seed Co's Days Inventory for the
three
months ended in Mar. 2024 was 374.46.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Winall Hi-tech Seed Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.24.
Winall Hi-tech Seed Co Inventory-to-Revenue Historical Data
The historical data trend for Winall Hi-tech Seed 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.
Competitive Comparison of Winall Hi-tech Seed Co's Inventory-to-Revenue
For the Farm Products subindustry, Winall Hi-tech Seed 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.
Winall Hi-tech Seed Co's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Winall Hi-tech Seed Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Winall Hi-tech Seed Co's Inventory-to-Revenue falls into.
Winall Hi-tech Seed 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.
Winall Hi-tech Seed 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.
Winall Hi-tech Seed Co (SZSE:300087) 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.
Winall Hi-tech Seed 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.
Winall Hi-tech Seed Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Winall Hi-tech Seed Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Winall Hi-tech Seed Co (SZSE:300087) Business Description
Winall Hi-tech Seed Co Ltd is a seed company. It is engaged in the breeding of various crop seeds in China. The company produces hybrid rice varieties from double cropping; and three-line two-line hybrid rice varieties, as well as corn, wheat, cottonseed oil, vegetables, west melon, pumpkin, and other crop seeds.
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