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. Xiamen Xiangyu Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥29,425 Mil. Xiamen Xiangyu Co's Revenue for the
three
months ended in Mar. 2024 was ¥104,568 Mil.
Xiamen Xiangyu Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.28.
Xiamen Xiangyu Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.31) to Dec. 2023 (0.28)
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.
Xiamen Xiangyu Co's Days Inventory for the
three
months ended in Mar. 2024 was 26.16.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Xiamen Xiangyu Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.49.
Xiamen Xiangyu Co Inventory-to-Revenue Historical Data
The historical data trend for Xiamen Xiangyu 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.
Competitive Comparison of Xiamen Xiangyu Co's Inventory-to-Revenue
For the Integrated Freight & Logistics subindustry, Xiamen Xiangyu 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.
Xiamen Xiangyu Co's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Xiamen Xiangyu Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Xiamen Xiangyu Co's Inventory-to-Revenue falls into.
Xiamen Xiangyu 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.
Xiamen Xiangyu Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Xiamen Xiangyu Co (SHSE:600057) 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.
Xiamen Xiangyu Co's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Xiamen Xiangyu Co Inventory-to-Revenue Related Terms
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Xiamen Xiangyu Co (SHSE:600057) Business Description
Xiamen Xiangyu Co Ltd provides supply chain and circulation services in the People's Republic of China. It supplies plastic chemicals, agricultural products, metallic ores, forest products, and mechanical and electrical products. The company also offers various integrated logistics services comprising the international purchase and distribution, international multimodal transport, domestic door-to-door logistics and financial logistics.
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