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Luxshare Precision Industry Co (SZSE:002475) Inventory-to-Revenue : 0.55 (As of Mar. 2024)


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What is Luxshare Precision Industry 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. Luxshare Precision Industry Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥28,782 Mil. Luxshare Precision Industry Co's Revenue for the three months ended in Mar. 2024 was ¥52,407 Mil. Luxshare Precision Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.55.

Luxshare Precision Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.44) to Dec. 2023 (0.55)

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. Luxshare Precision Industry Co's Days Inventory for the three months ended in Mar. 2024 was 56.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Luxshare Precision Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.63.


Luxshare Precision Industry Co Inventory-to-Revenue Historical Data

The historical data trend for Luxshare Precision Industry 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.

Luxshare Precision Industry Co Inventory-to-Revenue Chart

Luxshare Precision Industry 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 0.10 0.11 0.11 0.14 0.15

Luxshare Precision Industry 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 0.67 0.57 0.54 0.44 0.55

Competitive Comparison of Luxshare Precision Industry Co's Inventory-to-Revenue

For the Electronic Components subindustry, Luxshare Precision Industry 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.


Luxshare Precision Industry Co's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Luxshare Precision Industry Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Luxshare Precision Industry Co's Inventory-to-Revenue falls into.



Luxshare Precision Industry 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.

Luxshare Precision Industry 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 )
=( (37363.329 + 29757.93) / 2 ) / 231905.46
=33560.6295 / 231905.46
=0.14

Luxshare Precision Industry 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 )
=( (29757.93 + 27805.814) / 2 ) / 52406.776
=28781.872 / 52406.776
=0.55

* 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.


Luxshare Precision Industry Co  (SZSE:002475) 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.

Luxshare Precision Industry 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
=28781.872/46775.758*365 / 4
=56.15

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

Luxshare Precision Industry 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 )
=46775.758 / 28781.872
=1.63

* 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.


Luxshare Precision Industry Co Inventory-to-Revenue Related Terms

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Luxshare Precision Industry Co (SZSE:002475) Business Description

Traded in Other Exchanges
N/A
Address
No.17 Kuiqing Road, Qinghuang Industrial Zone, Qingxi Town, Guangdong, Dongguan, CHN, 523650
Founded in 2004, Luxshare Precision is one of the world's largest manufacturers of cables and connectors and is a major supplier to Apple, which accounts for over 70% of sales. The company has since expanded production into other faster-growing consumer electronic components, such as speakers, haptic, cameras, PC docks, and wireless charging modules, as well as electronic manufacturing services for Apple's Watch and AirPods. Of Luxshare's 2022 sales, 84% is derived from the consumer electronics end market, while the remaining 16% is spread across the computer, communication and automobile verticals. Luxshare employs over 230,000 people and has manufacturing bases in China, India, and Vietnam.
Executives
Wang Tao Directors, executives
Wu Tian Song Executives
Huang Da Wei Directors, executives
Wang Lai Sheng Director
Li Wei Directors, executives
Ye Yi Ling Executives, directors
Li Bin Directors, executives
Li Rui Hao Securities Affairs Representative
Xiong Teng Fang Executives
Xue Hai Gao Executives
Yi Pei Zan Supervisors
Chen Chao Fei Directors, executives
Wang Bin Supervisors
Zhou Xuan Supervisors

Luxshare Precision Industry Co (SZSE:002475) Headlines

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