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Anbangve-Guard Group Co (SHSE:603373) Inventory-to-Revenue : 0.15 (As of Mar. 2024)


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What is Anbangve-Guard Group 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. Anbangve-Guard Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥89 Mil. Anbangve-Guard Group Co's Revenue for the three months ended in Mar. 2024 was ¥601 Mil. Anbangve-Guard Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.

Anbangve-Guard Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.11) to Dec. 2023 (0.15)

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. Anbangve-Guard Group Co's Days Inventory for the three months ended in Mar. 2024 was 17.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anbangve-Guard Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.11.


Anbangve-Guard Group Co Inventory-to-Revenue Historical Data

The historical data trend for Anbangve-Guard Group 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.

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Anbangve-Guard Group Co Inventory-to-Revenue Chart

Anbangve-Guard Group Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial - - 0.01 0.01 0.02

Anbangve-Guard Group Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 0.06 0.10 0.11 0.11 0.15

Competitive Comparison of Anbangve-Guard Group Co's Inventory-to-Revenue

For the Security & Protection Services subindustry, Anbangve-Guard Group 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.


Anbangve-Guard Group Co's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Anbangve-Guard Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Anbangve-Guard Group Co's Inventory-to-Revenue falls into.



Anbangve-Guard Group 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.

Anbangve-Guard Group 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 )
=( (33.779 + 81.117) / 2 ) / 2484.897
=57.448 / 2484.897
=0.02

Anbangve-Guard Group 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 )
=( (81.117 + 97.49) / 2 ) / 600.725
=89.3035 / 600.725
=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.


Anbangve-Guard Group Co  (SHSE:603373) 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.

Anbangve-Guard Group 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
=89.3035/456.65*365 / 4
=17.85

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

Anbangve-Guard Group 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 )
=456.65 / 89.3035
=5.11

* 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.


Anbangve-Guard Group Co Inventory-to-Revenue Related Terms

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Anbangve-Guard Group Co (SHSE:603373) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6 Fenghua Road, Zhuantang Street, Floor E8, Zhijiang Fortune Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310024
Anbang Save-Guard Group Co Ltd is engaged in providing financial security services, comprehensive security services and security emergency services.

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