What is Shenzhen Cereals Holdings 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. Shenzhen Cereals Holdings Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥3,415 Mil. Shenzhen Cereals Holdings Co's Revenue for the
three
months ended in Mar. 2024 was ¥1,073 Mil.
Shenzhen Cereals Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.18.
Shenzhen Cereals Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (2.01) to Dec. 2023 (3.18)
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.
Shenzhen Cereals Holdings Co's Days Inventory for the
three
months ended in Mar. 2024 was 358.85.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shenzhen Cereals Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.25.
Shenzhen Cereals Holdings 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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Shenzhen Cereals Holdings Co Inventory-to-Revenue Chart
Competitive Comparison of Shenzhen Cereals Holdings Co's Inventory-to-Revenue
For the Packaged Foods subindustry, Shenzhen Cereals Holdings 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.
Shenzhen Cereals Holdings Co's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Shenzhen Cereals Holdings Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shenzhen Cereals Holdings Co's Inventory-to-Revenue falls into.
Shenzhen Cereals Holdings 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.
Shenzhen Cereals Holdings 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.
Shenzhen Cereals Holdings Co (SZSE:000019) 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.
Shenzhen Cereals Holdings 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.
Shenzhen Cereals Holdings Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shenzhen Cereals Holdings Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shenzhen Cereals Holdings Co (SZSE:000019) Business Description
Shenzhen Cereals Holdings Co Ltd is in the business of tea refining and tea sales, tea e-commerce, food and beverage, research and development. Its products include instant tea powder, juice, oyster sauce, chicken and seafood sauce, lemon tea, herbal tea, and other drinks. The company sells its products under the brand names of Golden eagle, Jufangyong, Gutan, Fuhai tong, Mitsui, Shenbao and others. It focuses on tea industry development, established industrial chain involving tea cultivation, purified tea, tea extract, tea cultural experience, e-commerce, tea trading platform, and finance. The company is also engaged in grain and oil processing and sale of flour, rice, cooking oil and other products.
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