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Brilliance China Automotive Holdings (HKSE:01114) Inventory-to-Revenue : 0.22 (As of Dec. 2023)


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What is Brilliance China Automotive 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. Brilliance China Automotive Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$148 Mil. Brilliance China Automotive Holdings's Revenue for the six months ended in Dec. 2023 was HK$671 Mil. Brilliance China Automotive Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Brilliance China Automotive Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.33) to Jun. 2023 (0.22)

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. Brilliance China Automotive Holdings's Days Inventory for the six months ended in Dec. 2023 was 52.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Brilliance China Automotive Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.45.


Brilliance China Automotive Holdings Inventory-to-Revenue Historical Data

The historical data trend for Brilliance China Automotive 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.

Brilliance China Automotive Holdings Inventory-to-Revenue Chart

Brilliance China Automotive Holdings 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 0.23 0.19 0.18 0.23 0.14

Brilliance China Automotive Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.56 0.46 0.34 0.33 0.22

Competitive Comparison of Brilliance China Automotive Holdings's Inventory-to-Revenue

For the Auto Manufacturers subindustry, Brilliance China Automotive 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.


Brilliance China Automotive Holdings's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Brilliance China Automotive Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Brilliance China Automotive Holdings's Inventory-to-Revenue falls into.



Brilliance China Automotive 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.

Brilliance China Automotive Holdings'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 )
=( (206.817 + 139.389) / 2 ) / 1226.623
=173.103 / 1226.623
=0.14

Brilliance China Automotive Holdings'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (156.844 + 139.389) / 2 ) / 671.142
=148.1165 / 671.142
=0.22

* 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.


Brilliance China Automotive Holdings  (HKSE:01114) 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.

Brilliance China Automotive Holdings's Days Inventory for the six 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
=148.1165/511.271*365 / 2
=52.87

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

Brilliance China Automotive Holdings'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 )
=511.271 / 148.1165
=3.45

* 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.


Brilliance China Automotive Holdings Inventory-to-Revenue Related Terms

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Brilliance China Automotive Holdings (HKSE:01114) Business Description

Traded in Other Exchanges
Address
8 Connaught Road Central, Suites 1602-05, Chater House, Hong Kong, HKG
Based in Liaoning, China, Brilliance China Automotive is a provincial state-owned enterprise that manufactures passenger vehicles, minibuses, and automotive components. Almost all of Brilliance's operating profits come from the passenger vehicle joint venture with BMW. Brilliance also operates a minibus business through a 51%-owned joint venture with Renault.
Executives
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Shen Yang Di Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Yang Cai Rui Qi Che Chan Ye Fa Zhan He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Shen Yang Cai Rui Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Yang Sheng Jing Jin Kong Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Liao Ning Jin Rong Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Yang Qi Che You Xian Gong Si 2201 Interest of corporation controlled by you
Liao Ning Xin Rui Qi Che Chan Ye Fa Zhan You Xian Gong Si 2101 Beneficial owner
Hua Chen Qi Che Ji Tuan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Baillie Gifford & Co 2102 Investment manager
Morgan Stanley 2201 Interest of corporation controlled by you
Baillie Gifford & Co 2102 Investment manager
Citigroup Inc. 2201 Interest of corporation controlled by you

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