What is Nanjing Kangni Mechanical & Electrical 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. Nanjing Kangni Mechanical & Electrical Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥624 Mil. Nanjing Kangni Mechanical & Electrical Co's Revenue for the
three
months ended in Mar. 2024 was ¥725 Mil.
Nanjing Kangni Mechanical & Electrical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.86.
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.
Nanjing Kangni Mechanical & Electrical Co's Days Inventory for the
three
months ended in Mar. 2024 was 116.68.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nanjing Kangni Mechanical & Electrical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.78.
Nanjing Kangni Mechanical & Electrical Co Inventory-to-Revenue Historical Data
* 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.
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Nanjing Kangni Mechanical & Electrical Co Inventory-to-Revenue Chart
Nanjing Kangni Mechanical & Electrical Co Annual Data
Competitive Comparison of Nanjing Kangni Mechanical & Electrical Co's Inventory-to-Revenue
For the Railroads subindustry, Nanjing Kangni Mechanical & Electrical 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.
Nanjing Kangni Mechanical & Electrical Co's Inventory-to-Revenue Distribution in the Transportation Industry
* The bar in red indicates where Nanjing Kangni Mechanical & Electrical Co's Inventory-to-Revenue falls into.
Nanjing Kangni Mechanical & Electrical 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.
* 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.
Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) 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.
Nanjing Kangni Mechanical & Electrical 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.
Nanjing Kangni Mechanical & Electrical Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Nanjing Kangni Mechanical & Electrical Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) Business Description
Nanjing Kangni Mechanical & Electrical Co Ltd IS engaged in the research and development, manufacturing and maintenance of railway vehicle door system. It has cooperated with major car builders such as Bombardier, Alstom, and Siemens to sell products all over the world, including France, Canada, Turkey, Singapore, Argentina, America, Saudi Arabia and Brazil. It also provides other a full suite of related products such as interior fittings, power connectors, platform screen doors, new energy products for automobile industry and precision machining equipment.
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