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. Bestore Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥512 Mil. Bestore Co's Revenue for the
three
months ended in Mar. 2024 was ¥2,451 Mil.
Bestore Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.
Bestore Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.27) to Dec. 2023 (0.21)
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.
Bestore Co's Days Inventory for the
three
months ended in Mar. 2024 was 25.89.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Bestore Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.53.
Bestore Co Inventory-to-Revenue Historical Data
The historical data trend for Bestore 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 Bestore Co's Inventory-to-Revenue
For the Packaged Foods subindustry, Bestore 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.
Bestore Co's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Bestore Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Bestore Co's Inventory-to-Revenue falls into.
Bestore 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.
Bestore 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.
Bestore Co (SHSE:603719) 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.
Bestore 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.
Bestore Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Bestore Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Bestore Co Ltd is engaged in the procurement, sales and operation of snack foods. The company's products include bulk food including refrigerated frozen food, bulk cooked food; pre-packaged food including refrigerated frozen food; special food such as health products, infant formula milk powder, other infant formula; vegetables; dried fruits; flowers; daily necessities; agricultural products; agricultural and sideline products; hot foods including semi-finished foods; pastry foods including decorating foods; production and sale of homemade beverages including homemade fresh milk beverages; cold foods; raw foods including meat products, raw seafood foods; food packaging and processing; storage services, and venue rental.
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