What is Ningbo Bohui Chemical Technology 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. Ningbo Bohui Chemical Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥601 Mil. Ningbo Bohui Chemical Technology Co's Revenue for the
three
months ended in Mar. 2024 was ¥793 Mil.
Ningbo Bohui Chemical Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.76.
Ningbo Bohui Chemical Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.65) to Dec. 2023 (0.76)
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.
Ningbo Bohui Chemical Technology Co's Days Inventory for the
three
months ended in Mar. 2024 was 69.90.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ningbo Bohui Chemical Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.31.
Ningbo Bohui Chemical Technology Co Inventory-to-Revenue Historical Data
* 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.
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Ningbo Bohui Chemical Technology Co Inventory-to-Revenue Chart
Competitive Comparison of Ningbo Bohui Chemical Technology Co's Inventory-to-Revenue
For the Oil & Gas Refining & Marketing subindustry, Ningbo Bohui Chemical Technology 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.
Ningbo Bohui Chemical Technology Co's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ningbo Bohui Chemical Technology Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Ningbo Bohui Chemical Technology Co's Inventory-to-Revenue falls into.
Ningbo Bohui Chemical Technology 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.
* 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.
Ningbo Bohui Chemical Technology Co (SZSE:300839) 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.
Ningbo Bohui Chemical Technology Co's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Ningbo Bohui Chemical Technology Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Ningbo Bohui Chemical Technology Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Ningbo Bohui Chemical Technology Co (SZSE:300839) Business Description
Ningbo Bohui Chemical Technology Co Ltd is engaged in research, development, production and sales of heavy aromatic hydrocarbon series products and light fuel oil. The company uses extraction technology and uses fuel oil as a raw material for deep processing, extending the industrial chain, increasing the added value of fuel oil, and turning it into waste. It produces and sells aromatic hydrocarbon series products such as rubber additives, plastic additives, asphalt additives, lubricant additives, and light fuel oil. Its application scope of products mainly covers the fields of rubber processing, asphalt processing and lubricating oil processing.
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