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Nongfu Spring Co (Nongfu Spring Co) Inventory-to-Revenue : 0.12 (As of Dec. 2023)


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What is Nongfu Spring 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. Nongfu Spring Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $384 Mil. Nongfu Spring Co's Revenue for the six months ended in Dec. 2023 was $3,110 Mil. Nongfu Spring Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.

Nongfu Spring Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.11) to Jun. 2023 (0.12)

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. Nongfu Spring Co's Days Inventory for the six months ended in Dec. 2023 was 54.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nongfu Spring Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.33.


Nongfu Spring Co Inventory-to-Revenue Historical Data

The historical data trend for Nongfu Spring 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.

Nongfu Spring Co Inventory-to-Revenue Chart

Nongfu Spring Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.08 0.08 0.06 0.06 0.06

Nongfu Spring Co Semi-Annual Data
Dec17 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 0.12 0.11 0.12 0.11 0.12

Competitive Comparison of Nongfu Spring Co's Inventory-to-Revenue

For the Beverages - Non-Alcoholic subindustry, Nongfu Spring 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.


Nongfu Spring Co's Inventory-to-Revenue Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Nongfu Spring Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nongfu Spring Co's Inventory-to-Revenue falls into.



Nongfu Spring 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.

Nongfu Spring 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 )
=( (302.419 + 433.003) / 2 ) / 5975.634
=367.711 / 5975.634
=0.06

Nongfu Spring 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 )
=( (334.182 + 433.003) / 2 ) / 3109.828
=383.5925 / 3109.828
=0.12

* 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.


Nongfu Spring Co  (OTCPK:NNFSF) 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.

Nongfu Spring 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
=383.5925/1275.58*365 / 2
=54.88

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

Nongfu Spring 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 )
=1275.58 / 383.5925
=3.33

* 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.


Nongfu Spring Co Inventory-to-Revenue Related Terms

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Nongfu Spring Co (Nongfu Spring Co) Business Description

Traded in Other Exchanges
Address
No. 181, Geyazhuang, Xihu District, Hangzhou, CHN, 310024
Founded in 1996, Nongfu Spring is a leading manufacturer of bottled water, ready-to-drink tea, juice and functional beverages in China. It holds the number-one share in the bottled water market; this segment contributed approximately 55% of the firm's revenue and EBIT in 2022.

Nongfu Spring Co (Nongfu Spring Co) Headlines