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Sichuan Kexin Mechanical and Electrical Equipment Co (SZSE:300092) Inventory-to-Revenue : 2.25 (As of Mar. 2024)


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What is Sichuan Kexin Mechanical and Electrical Equipment 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. Sichuan Kexin Mechanical and Electrical Equipment Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥620 Mil. Sichuan Kexin Mechanical and Electrical Equipment Co's Revenue for the three months ended in Mar. 2024 was ¥275 Mil. Sichuan Kexin Mechanical and Electrical Equipment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.25.

Sichuan Kexin Mechanical and Electrical Equipment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.87) to Dec. 2023 (2.25)

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. Sichuan Kexin Mechanical and Electrical Equipment Co's Days Inventory for the three months ended in Mar. 2024 was 299.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Kexin Mechanical and Electrical Equipment Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.31.


Sichuan Kexin Mechanical and Electrical Equipment Co Inventory-to-Revenue Historical Data

The historical data trend for Sichuan Kexin Mechanical and Electrical Equipment 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.

Sichuan Kexin Mechanical and Electrical Equipment Co Inventory-to-Revenue Chart

Sichuan Kexin Mechanical and Electrical Equipment 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 0.35 0.41 0.40 0.47 0.41

Sichuan Kexin Mechanical and Electrical Equipment 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 1.58 1.60 1.56 1.87 2.25

Competitive Comparison of Sichuan Kexin Mechanical and Electrical Equipment Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Sichuan Kexin Mechanical and Electrical Equipment 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.


Sichuan Kexin Mechanical and Electrical Equipment Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Kexin Mechanical and Electrical Equipment Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sichuan Kexin Mechanical and Electrical Equipment Co's Inventory-to-Revenue falls into.



Sichuan Kexin Mechanical and Electrical Equipment 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.

Sichuan Kexin Mechanical and Electrical Equipment 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 )
=( (612.607 + 614.338) / 2 ) / 1496.826
=613.4725 / 1496.826
=0.41

Sichuan Kexin Mechanical and Electrical Equipment 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 )
=( (614.338 + 626.005) / 2 ) / 275.441
=620.1715 / 275.441
=2.25

* 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.


Sichuan Kexin Mechanical and Electrical Equipment Co  (SZSE:300092) 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.

Sichuan Kexin Mechanical and Electrical Equipment 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
=620.1715/189.159*365 / 4
=299.17

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

Sichuan Kexin Mechanical and Electrical Equipment 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 )
=189.159 / 620.1715
=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.


Sichuan Kexin Mechanical and Electrical Equipment Co Inventory-to-Revenue Related Terms

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Sichuan Kexin Mechanical and Electrical Equipment Co (SZSE:300092) Business Description

Traded in Other Exchanges
N/A
Address
No.21 Western Tuojiang Road, Economic Development Zone, Shifang, Sichuan, Deyang, CHN, 608407
Sichuan Kexin Mechanical and Electrical Equipment Co Ltd designs, manufactures, installs and sells pressure vessels.
Executives
Qiang Kai Director
Yang Duo Rong Secretary Dong
Tang Kai Director
Li Yong Directors, executives
Ceng Xiao Wei Securities Affairs Representative
Lin Zhen Rong Director
Lin Zhen Hua Director
Li Chun Qi Executives
Tang Wang Guo Supervisors
Wang Xiao Ming Directors, executives
Chen Fang Director
Zhao Pi Long Director

Sichuan Kexin Mechanical and Electrical Equipment Co (SZSE:300092) Headlines

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