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ICZOOM Group (ICZOOM Group) Inventory-to-Revenue : 0.01 (As of Jun. 2023)


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What is ICZOOM Group 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. ICZOOM Group's Average Total Inventories for the quarter that ended in Jun. 2023 was $0.4 Mil. ICZOOM Group's Revenue for the six months ended in Jun. 2023 was $94.2 Mil. ICZOOM Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.01.

ICZOOM Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 increased from Dec. 2022 (0.00) to Dec. 2022 (0.01)

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. ICZOOM Group's Days Inventory for the six months ended in Jun. 2023 was 0.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. ICZOOM Group's Inventory Turnover for the quarter that ended in Jun. 2023 was 212.73.


ICZOOM Group Inventory-to-Revenue Historical Data

The historical data trend for ICZOOM Group'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.

ICZOOM Group Inventory-to-Revenue Chart

ICZOOM Group Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
0.01 0.01 0.01 0.01 -

ICZOOM Group Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only 0.01 0.01 0.01 - 0.01

Competitive Comparison of ICZOOM Group's Inventory-to-Revenue

For the Electronics & Computer Distribution subindustry, ICZOOM Group'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.


ICZOOM Group's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ICZOOM Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where ICZOOM Group's Inventory-to-Revenue falls into.



ICZOOM Group 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.

ICZOOM Group's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (0.366 + 0.834) / 2 ) / 214.405
=0.6 / 214.405
=0.00

ICZOOM Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (0.031 + 0.834) / 2 ) / 94.198
=0.4325 / 94.198
=0.00

* 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.


ICZOOM Group  (NAS:IZM) 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.

ICZOOM Group's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0.4325/92.004*365 / 2
=0.86

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

ICZOOM Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=92.004 / 0.4325
=212.73

* 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.


ICZOOM Group Inventory-to-Revenue Related Terms

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ICZOOM Group (ICZOOM Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 7018 Cai Tian Road, Room 3801, Building A, Sunhope e·METRO, Futian District, Guangdong, Shenzhen, CHN, 518000
ICZOOM Group Inc is engaged in the sale of electronic component products to customers in China. These products are used by small and medium-sized enterprises (SMEs) in the consumer electronic industry, Internet of Things (IoT), automotive electronics, and industrial control segment. In addition to the sales of electronic component products, also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance and charges them additional service commission fees. The company earns maximum revenue from sale of electronic components.