GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Leapmotor Technology Co Ltd (HKSE:09863) » Definitions » Inventory-to-Revenue

Zhejiang Leapmotor Technology Co (HKSE:09863) Inventory-to-Revenue : 0.15 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Zhejiang Leapmotor 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. Zhejiang Leapmotor Technology Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$1,753 Mil. Zhejiang Leapmotor Technology Co's Revenue for the six months ended in Dec. 2023 was HK$11,959 Mil. Zhejiang Leapmotor Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

Zhejiang Leapmotor Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.28) to Jun. 2023 (0.15)

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. Zhejiang Leapmotor Technology Co's Days Inventory for the six months ended in Dec. 2023 was 27.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Leapmotor Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.56.


Zhejiang Leapmotor Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Zhejiang Leapmotor Technology 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.

Zhejiang Leapmotor Technology Co Inventory-to-Revenue Chart

Zhejiang Leapmotor Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
1.41 0.27 0.15 0.10 0.11

Zhejiang Leapmotor Technology Co Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial - 0.15 0.24 0.28 0.15

Competitive Comparison of Zhejiang Leapmotor Technology Co's Inventory-to-Revenue

For the Auto Manufacturers subindustry, Zhejiang Leapmotor 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.


Zhejiang Leapmotor Technology Co's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Leapmotor Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Zhejiang Leapmotor Technology Co's Inventory-to-Revenue falls into.



Zhejiang Leapmotor 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.

Zhejiang Leapmotor Technology 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 )
=( (1952.971 + 1880.722) / 2 ) / 18317.175
=1916.8465 / 18317.175
=0.10

Zhejiang Leapmotor Technology 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (1625.579 + 1880.722) / 2 ) / 11958.892
=1753.1505 / 11958.892
=0.15

* 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.


Zhejiang Leapmotor Technology Co  (HKSE:09863) 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.

Zhejiang Leapmotor Technology Co'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
=1753.1505/11497.066*365 / 2
=27.83

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

Zhejiang Leapmotor Technology 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 )
=11497.066 / 1753.1505
=6.56

* 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.


Zhejiang Leapmotor Technology Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Zhejiang Leapmotor Technology Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Leapmotor Technology Co (HKSE:09863) Business Description

Traded in Other Exchanges
N/A
Address
No. 451 Wulianwang Street, 1st Floor, Binjiang District, Zhejiang Province, Hangzhou, CHN
Zhejiang Leapmotor Technology Co Ltd is principally engaged in the production, research and development and sales of new energy vehicles in the PRC.
Executives
Chen Ailing 2202 Interest of your spouse
Fu Liquan 2201 Interest of corporation controlled by you
Liu Yunzhen 2202 Interest of your spouse
Zhu Jiangming 2103 Interests held jointly with another person
Fu Yiqin 2201 Interest of corporation controlled by you
Guo Xin Zheng Quan Gu Fen You Xian Gong Si 2501 Other
Ning Bo Hua Ling Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Stellantis N.v. 2101 Beneficial owner
Chen Ailing 2103 Interests held jointly with another person
Fu Liquan 2103 Interests held jointly with another person
Liu Yunzhen 2202 Interest of your spouse
Zhu Jiangming 2103 Interests held jointly with another person
Fu Yiqin 2201 Interest of corporation controlled by you
Hang Zhou Guo Shun Ling Pao Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner

Zhejiang Leapmotor Technology Co (HKSE:09863) Headlines

No Headlines