What is Nanfang Zhongjin Environment 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. Nanfang Zhongjin Environment Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥971 Mil. Nanfang Zhongjin Environment Co's Revenue for the
three
months ended in Mar. 2024 was ¥1,034 Mil.
Nanfang Zhongjin Environment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.94.
Nanfang Zhongjin Environment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.61) to Dec. 2023 (0.94)
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.
Nanfang Zhongjin Environment Co's Days Inventory for the
three
months ended in Mar. 2024 was 133.22.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nanfang Zhongjin Environment Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.68.
Nanfang Zhongjin Environment 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.
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Nanfang Zhongjin Environment Co Inventory-to-Revenue Chart
Competitive Comparison of Nanfang Zhongjin Environment Co's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Nanfang Zhongjin Environment 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.
Nanfang Zhongjin Environment Co's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nanfang Zhongjin Environment Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Nanfang Zhongjin Environment Co's Inventory-to-Revenue falls into.
Nanfang Zhongjin Environment 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.
Nanfang Zhongjin Environment Co (SZSE:300145) 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.
Nanfang Zhongjin Environment 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.
Nanfang Zhongjin Environment Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Nanfang Zhongjin Environment Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Nanfang Zhongjin Environment Co (SZSE:300145) Business Description
Nanfang Zhongjin Environment Co Ltd develops, manufactures, sells stainless steel multistage centrifugal pumps. Its product offering includes a vertical multistage centrifugal pump, horizontal multistage centrifugal pump, air-condition pumps, blockage-free submersible sewage pumps, stainless steel deep-well submersible pumps, stainless steel pump conveying mixed gas and liquid. The company's products are applied to industrial and mining enterprises, municipal water supply, farm irrigation, petrochemical engineering, domestic water and fire water supply of high buildings and the pharmaceutical industry. The company's export sales are approximately 40% of the total sales.
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