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Jiangsu Nata Opto-electronic Material Co (SZSE:300346) Inventory-to-Revenue : 1.16 (As of Mar. 2024)


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What is Jiangsu Nata Opto-electronic Material 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. Jiangsu Nata Opto-electronic Material Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥592 Mil. Jiangsu Nata Opto-electronic Material Co's Revenue for the three months ended in Mar. 2024 was ¥509 Mil. Jiangsu Nata Opto-electronic Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.16.

Jiangsu Nata Opto-electronic Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.34) to Dec. 2023 (1.16)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Nata Opto-electronic Material Co's Days Inventory for the three months ended in Mar. 2024 was 197.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Nata Opto-electronic Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.46.


Jiangsu Nata Opto-electronic Material Co Inventory-to-Revenue Historical Data

The historical data trend for Jiangsu Nata Opto-electronic Material 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.

Jiangsu Nata Opto-electronic Material Co Inventory-to-Revenue Chart

Jiangsu Nata Opto-electronic Material 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 0.37 0.22 0.21 0.24 0.32

Jiangsu Nata Opto-electronic Material 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 1.19 1.12 1.13 1.34 1.16

Competitive Comparison of Jiangsu Nata Opto-electronic Material Co's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Jiangsu Nata Opto-electronic Material 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.


Jiangsu Nata Opto-electronic Material Co's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Nata Opto-electronic Material Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Jiangsu Nata Opto-electronic Material Co's Inventory-to-Revenue falls into.



Jiangsu Nata Opto-electronic Material 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.

Jiangsu Nata Opto-electronic Material 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 )
=( (481.245 + 604.488) / 2 ) / 1703.258
=542.8665 / 1703.258
=0.32

Jiangsu Nata Opto-electronic Material 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 )
=( (604.488 + 579.309) / 2 ) / 509.26
=591.8985 / 509.26
=1.16

* 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.


Jiangsu Nata Opto-electronic Material Co  (SZSE:300346) 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.

Jiangsu Nata Opto-electronic Material 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
=591.8985/274.137*365 / 4
=197.02

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

Jiangsu Nata Opto-electronic Material 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 )
=274.137 / 591.8985
=0.46

* 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.


Jiangsu Nata Opto-electronic Material Co Inventory-to-Revenue Related Terms

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Jiangsu Nata Opto-electronic Material Co (SZSE:300346) Business Description

Traded in Other Exchanges
N/A
Address
9 Cuiwei Street, 7th Floor, Moon Bay International Center, Suzhou Industrial Park, Suzhou, CHN, 215021
Jiangsu Nata Opto-electronic Material Co Ltd develops, manufactures and sells photoelectric new material high-purity metal organic source. The company's main products include trimethyl gallium, trimethyl indium, and trimethyl aluminum.
Executives
Zhang Xing Guo Director
Ji Min Kun Executives
Chen Hua Bing Executives
Fang De Cai Independent director
Su Yong Qin Executives
Zhang Jian Fu Directors, executives
Feng Jian Song Directors, executives
Shen Jie Director
Sun Xiang Zhen Directors, executives
Di Li Director
Cai Yan Xin Supervisors

Jiangsu Nata Opto-electronic Material Co (SZSE:300346) Headlines

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