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CCSC Technology International Holdings (CCSC Technology International Holdings) Inventory-to-Revenue : 0.27 (As of Sep. 2023)


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What is CCSC Technology International Holdings 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. CCSC Technology International Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was $2.02 Mil. CCSC Technology International Holdings's Revenue for the six months ended in Sep. 2023 was $7.50 Mil. CCSC Technology International Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.27.

CCSC Technology International Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (0.30) to Mar. 2023 (0.27)

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. CCSC Technology International Holdings's Days Inventory for the six months ended in Sep. 2023 was 70.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. CCSC Technology International Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.58.


CCSC Technology International Holdings Inventory-to-Revenue Historical Data

The historical data trend for CCSC Technology International Holdings'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.

CCSC Technology International Holdings Inventory-to-Revenue Chart

CCSC Technology International Holdings Annual Data
Trend Mar21 Mar22 Mar23
Inventory-to-Revenue
0.16 0.16 0.15

CCSC Technology International Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial 0.25 0.37 0.25 0.30 0.27

Competitive Comparison of CCSC Technology International Holdings's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, CCSC Technology International Holdings'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.


CCSC Technology International Holdings's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CCSC Technology International Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where CCSC Technology International Holdings's Inventory-to-Revenue falls into.



CCSC Technology International Holdings 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.

CCSC Technology International Holdings's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (4.824 + 2.188) / 2 ) / 24.06
=3.506 / 24.06
=0.15

CCSC Technology International Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (2.188 + 1.854) / 2 ) / 7.504
=2.021 / 7.504
=0.27

* 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.


CCSC Technology International Holdings  (NAS:CCTG) 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.

CCSC Technology International Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=2.021/5.224*365 / 2
=70.60

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

CCSC Technology International Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=5.224 / 2.021
=2.58

* 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.


CCSC Technology International Holdings Inventory-to-Revenue Related Terms

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CCSC Technology International Holdings (CCSC Technology International Holdings) Business Description

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CCSC Technology International Holdings Ltd is a company primarily involved in the sale, design and manufacturing of interconnect products, including connectors, cables and wire harnesses. They specialize in customized interconnect products, including connectors, cables and harnesses that are used for a range of applications in a diversified set of industries, including industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products.

CCSC Technology International Holdings (CCSC Technology International Holdings) Headlines