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Shanghai Emperor Of Cleaning Hi-Tech Co (SHSE:603200) Inventory-to-Revenue : 0.66 (As of Mar. 2024)


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What is Shanghai Emperor Of Cleaning Hi-Tech 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. Shanghai Emperor Of Cleaning Hi-Tech Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥82.4 Mil. Shanghai Emperor Of Cleaning Hi-Tech Co's Revenue for the three months ended in Mar. 2024 was ¥124.9 Mil. Shanghai Emperor Of Cleaning Hi-Tech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.66.

Shanghai Emperor Of Cleaning Hi-Tech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.54) to Dec. 2023 (0.66)

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. Shanghai Emperor Of Cleaning Hi-Tech Co's Days Inventory for the three months ended in Mar. 2024 was 103.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Emperor Of Cleaning Hi-Tech Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.88.


Shanghai Emperor Of Cleaning Hi-Tech Co Inventory-to-Revenue Historical Data

The historical data trend for Shanghai Emperor Of Cleaning Hi-Tech 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.

Shanghai Emperor Of Cleaning Hi-Tech Co Inventory-to-Revenue Chart

Shanghai Emperor Of Cleaning Hi-Tech Co 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 0.10 0.15 0.15 0.15 0.16

Shanghai Emperor Of Cleaning Hi-Tech Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.82 0.78 0.70 0.54 0.66

Competitive Comparison of Shanghai Emperor Of Cleaning Hi-Tech Co's Inventory-to-Revenue

For the Pollution & Treatment Controls subindustry, Shanghai Emperor Of Cleaning Hi-Tech 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.


Shanghai Emperor Of Cleaning Hi-Tech Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Emperor Of Cleaning Hi-Tech Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shanghai Emperor Of Cleaning Hi-Tech Co's Inventory-to-Revenue falls into.



Shanghai Emperor Of Cleaning Hi-Tech 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.

Shanghai Emperor Of Cleaning Hi-Tech 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 )
=( (92.654 + 82.43) / 2 ) / 541.439
=87.542 / 541.439
=0.16

Shanghai Emperor Of Cleaning Hi-Tech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (82.43 + 82.465) / 2 ) / 124.946
=82.4475 / 124.946
=0.66

* 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.


Shanghai Emperor Of Cleaning Hi-Tech Co  (SHSE:603200) 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.

Shanghai Emperor Of Cleaning Hi-Tech Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=82.4475/72.666*365 / 4
=103.53

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

Shanghai Emperor Of Cleaning Hi-Tech Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=72.666 / 82.4475
=0.88

* 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.


Shanghai Emperor Of Cleaning Hi-Tech Co Inventory-to-Revenue Related Terms

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Shanghai Emperor Of Cleaning Hi-Tech Co (SHSE:603200) Business Description

Traded in Other Exchanges
N/A
Address
No. 138, Bo Xue Road, Building 6, Jiading District, Shanghai, CHN, 200437
Shanghai Emperor Of Cleaning Hi-Tech Co Ltd is a overall solution service provider for water treatment technology, mainly based on chemical water treatment technology. Its water treatment business includes sales and service of water treatment chemicals, operation management of water treatment systems, sales and installation of dosing equipment, and water handling system integration.
Executives
Wang Wei Directors, senior managers
Liao Yun Feng senior management
Zou Shuai Wen Directors, senior managers
Wang Shan Jiong senior management
Yin Xiao Mei Directors, senior managers
Xiao Bing Yan senior management
Gu Xin senior management
Gao Qi senior management
Chen Dong Supervisors
Ji Qing Xia senior management
Dai Fan Supervisors
Wu Lei Supervisors
Bao Song Lin Director
Li Cai Feng senior management
Shen Guo Ping Supervisors

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