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Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Inventory-to-Revenue : 2.03 (As of Mar. 2024)


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What is Guangdong High Dream Intellectualized Machinery 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. Guangdong High Dream Intellectualized Machinery Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥87.4 Mil. Guangdong High Dream Intellectualized Machinery Co's Revenue for the three months ended in Mar. 2024 was ¥43.0 Mil. Guangdong High Dream Intellectualized Machinery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.03.

Guangdong High Dream Intellectualized Machinery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.16) to Dec. 2023 (2.03)

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. Guangdong High Dream Intellectualized Machinery Co's Days Inventory for the three months ended in Mar. 2024 was 378.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong High Dream Intellectualized Machinery Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.24.


Guangdong High Dream Intellectualized Machinery Co Inventory-to-Revenue Historical Data

The historical data trend for Guangdong High Dream Intellectualized Machinery 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.

Guangdong High Dream Intellectualized Machinery Co Inventory-to-Revenue Chart

Guangdong High Dream Intellectualized Machinery 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 0.39 0.36 0.34 0.41 0.36

Guangdong High Dream Intellectualized Machinery 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 1.98 1.48 1.52 1.16 2.03

Competitive Comparison of Guangdong High Dream Intellectualized Machinery Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Guangdong High Dream Intellectualized Machinery 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.


Guangdong High Dream Intellectualized Machinery Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong High Dream Intellectualized Machinery Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Guangdong High Dream Intellectualized Machinery Co's Inventory-to-Revenue falls into.



Guangdong High Dream Intellectualized Machinery 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.

Guangdong High Dream Intellectualized Machinery 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 )
=( (78.66 + 84.314) / 2 ) / 225.5
=81.487 / 225.5
=0.36

Guangdong High Dream Intellectualized Machinery 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 )
=( (84.314 + 90.393) / 2 ) / 43.049
=87.3535 / 43.049
=2.03

* 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.


Guangdong High Dream Intellectualized Machinery Co  (SZSE:300720) 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.

Guangdong High Dream Intellectualized Machinery 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
=87.3535/21.051*365 / 4
=378.65

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

Guangdong High Dream Intellectualized Machinery 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 )
=21.051 / 87.3535
=0.24

* 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.


Guangdong High Dream Intellectualized Machinery Co Inventory-to-Revenue Related Terms

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Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Longzhan Road, Huanglong Village Committee, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528311
Guangdong High Dream Intellectualized Machinery Co Ltd manufactures and sells weighing machineries in China. The company's products include intelligent combination scales, metal detector, loss-in-weight feeders and ancillary equipment. Its products are used for the weighing in food, plastic and chemical industries, as well as for the dynamic measurement in feeding, batching and other processes.
Executives
Liang Jun Director
Zheng Yi Duan Directors, executives
Zheng Jian Yuan Supervisors

Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Headlines

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