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Chung-Hsin Electric & Machinery Mfg (TPE:1513) Inventory-to-Revenue : 1.44 (As of Mar. 2024)


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What is Chung-Hsin Electric & Machinery Mfg 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. Chung-Hsin Electric & Machinery Mfg's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$8,866 Mil. Chung-Hsin Electric & Machinery Mfg's Revenue for the three months ended in Mar. 2024 was NT$6,139 Mil. Chung-Hsin Electric & Machinery Mfg's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.44.

Chung-Hsin Electric & Machinery Mfg's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.47) to Dec. 2023 (1.44)

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. Chung-Hsin Electric & Machinery Mfg's Days Inventory for the three months ended in Mar. 2024 was 187.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chung-Hsin Electric & Machinery Mfg's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.49.


Chung-Hsin Electric & Machinery Mfg Inventory-to-Revenue Historical Data

The historical data trend for Chung-Hsin Electric & Machinery Mfg'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.

Chung-Hsin Electric & Machinery Mfg Inventory-to-Revenue Chart

Chung-Hsin Electric & Machinery Mfg 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 0.41 0.41 0.35 0.33 0.35

Chung-Hsin Electric & Machinery Mfg 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 1.14 1.45 1.45 1.47 1.44

Competitive Comparison of Chung-Hsin Electric & Machinery Mfg's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Chung-Hsin Electric & Machinery Mfg'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.


Chung-Hsin Electric & Machinery Mfg's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chung-Hsin Electric & Machinery Mfg's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Chung-Hsin Electric & Machinery Mfg's Inventory-to-Revenue falls into.



Chung-Hsin Electric & Machinery Mfg 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.

Chung-Hsin Electric & Machinery Mfg'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 )
=( (6612.672 + 8785.673) / 2 ) / 22144.872
=7699.1725 / 22144.872
=0.35

Chung-Hsin Electric & Machinery Mfg'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 )
=( (8785.673 + 8946.893) / 2 ) / 6138.65
=8866.283 / 6138.65
=1.44

* 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.


Chung-Hsin Electric & Machinery Mfg  (TPE:1513) 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.

Chung-Hsin Electric & Machinery Mfg'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
=8866.283/4326.229*365 / 4
=187.01

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

Chung-Hsin Electric & Machinery Mfg'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 )
=4326.229 / 8866.283
=0.49

* 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.


Chung-Hsin Electric & Machinery Mfg Inventory-to-Revenue Related Terms

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Chung-Hsin Electric & Machinery Mfg (TPE:1513) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Wen-Te Road, Lo Shan Tsun, Guishan District, Taoyuan, TWN, 33383
Chung-Hsin Electric & Machinery Mfg Corp is a manufacturer of power generation machinery and equipment and its related parts, air-conditioners, dehumidifiers, and meters. The company's products include chillers, generator sets, high voltage circuit breakers, smart grid electric power automation equipment, customized fuel cell systems, methanol reformers, handheld document terminals, industrial computers and parking facilities, among others. Its operating segments include Electricity Power; Service and Engineering and other. The company generates maximum revenue from the Electricity Power segment.

Chung-Hsin Electric & Machinery Mfg (TPE:1513) Headlines

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