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Appotronics (SHSE:688007) Inventory-to-Revenue : 1.47 (As of Mar. 2024)


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What is Appotronics 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. Appotronics's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥655 Mil. Appotronics's Revenue for the three months ended in Mar. 2024 was ¥445 Mil. Appotronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.47.

Appotronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.25) to Dec. 2023 (1.47)

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. Appotronics's Days Inventory for the three months ended in Mar. 2024 was 198.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Appotronics's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.46.


Appotronics Inventory-to-Revenue Historical Data

The historical data trend for Appotronics'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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Appotronics Inventory-to-Revenue Chart

Appotronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.15 0.18 0.24 0.32 0.34

Appotronics 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 1.87 1.31 1.31 1.25 1.47

Competitive Comparison of Appotronics's Inventory-to-Revenue

For the Consumer Electronics subindustry, Appotronics'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.


Appotronics's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Appotronics's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Appotronics's Inventory-to-Revenue falls into.



Appotronics 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.

Appotronics'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 )
=( (865.64 + 656.347) / 2 ) / 2213.357
=760.9935 / 2213.357
=0.34

Appotronics'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 )
=( (656.347 + 654.149) / 2 ) / 445.039
=655.248 / 445.039
=1.47

* 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.


Appotronics  (SHSE:688007) 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.

Appotronics'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
=655.248/300.684*365 / 4
=198.85

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

Appotronics'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 )
=300.684 / 655.248
=0.46

* 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.


Appotronics Inventory-to-Revenue Related Terms

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Appotronics (SHSE:688007) Business Description

Traded in Other Exchanges
N/A
Address
No. 63 Xuefu Road, Yuehai Street, 20-22 Floor, Hi-Tech Zone, Union Tower, Nanshan District, Guangdong Province, Shenzhen, CHN, 518052
Appotronics Corp Ltd is a China based company involved in the research and innovation of laser display technology and products. The company offers various laser display products namely Digital cinema projector, Venue projector, Education projector, Ultra mobile projector, and others. Geographically, it derives a majority of revenue from China.
Executives
Wang Lin Core technical personnel
Yu Xin Core technical personnel
Hu Fei Core technical personnel
Guo Zu Qiang Core technical personnel
Wang Ze Qin Core technical personnel
Chen Ya Sha senior management
Wang Ying Xia Directors, senior managers
Wu Xi Liang Director
Bao Lian Ming Directors, senior managers
Li Lu senior management
Zhao Rui Jin senior management
Wu Bin senior management
Yan Li senior management

Appotronics (SHSE:688007) Headlines

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