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Sany Heavy Equipment International Holdings Co (HKSE:00631) Inventory-to-Revenue : 0.49 (As of Dec. 2023)


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What is Sany Heavy Equipment International Holdings 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. Sany Heavy Equipment International Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$4,635 Mil. Sany Heavy Equipment International Holdings Co's Revenue for the three months ended in Dec. 2023 was HK$9,491 Mil. Sany Heavy Equipment International Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

Sany Heavy Equipment International Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.69) to Sep. 2023 (0.49)

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. Sany Heavy Equipment International Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 65.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sany Heavy Equipment International Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.40.


Sany Heavy Equipment International Holdings Co Inventory-to-Revenue Historical Data

The historical data trend for Sany Heavy Equipment International Holdings 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.

Sany Heavy Equipment International Holdings Co Inventory-to-Revenue Chart

Sany Heavy Equipment International Holdings 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 0.33 0.32 0.30 0.26 0.21

Sany Heavy Equipment International Holdings Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 - 0.21 0.69 0.49 0.83

Competitive Comparison of Sany Heavy Equipment International Holdings Co's Inventory-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, Sany Heavy Equipment International Holdings 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.


Sany Heavy Equipment International Holdings Co's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sany Heavy Equipment International Holdings Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sany Heavy Equipment International Holdings Co's Inventory-to-Revenue falls into.



Sany Heavy Equipment International Holdings 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.

Sany Heavy Equipment International Holdings 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 )
=( (4652.737 + 4634.848) / 2 ) / 22179.587
=4643.7925 / 22179.587
=0.21

Sany Heavy Equipment International Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0 + 4634.848) / 1 ) / 9491.344
=4634.848 / 9491.344
=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.


Sany Heavy Equipment International Holdings Co  (HKSE:00631) 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.

Sany Heavy Equipment International Holdings Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=4634.848/6487.742*365 / 4
=65.19

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

Sany Heavy Equipment International Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=6487.742 / 4634.848
=1.40

* 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.


Sany Heavy Equipment International Holdings Co Inventory-to-Revenue Related Terms

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Sany Heavy Equipment International Holdings Co (HKSE:00631) Business Description

Traded in Other Exchanges
Address
No. 25, 16 Kaifa Road, Economic and Technological Development Area, Liaoning Province, Shenyang, CHN, 110000
Sany Heavy Equipment International Holdings Company Limited is a China-based investment holding company. The Company mainly conducts its businesses through two segments. The Mining Equipment segment is mainly engaged in the production and sales of coal machinery, non-coal mining, mining vehicles, robots and smart mining products and accessories, as well as the provision of related services. The Logistics Equipment segment is mainly engaged in the production and sales of container equipment, bulk material equipment, general equipment and accessories and the provision of related services. The Company conducts its businesses in the domestic market and overseas markets.

Sany Heavy Equipment International Holdings Co (HKSE:00631) Headlines

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