What is Zhongfu Straits (Pingtan) Development 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. Zhongfu Straits (Pingtan) Development Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,766 Mil. Zhongfu Straits (Pingtan) Development Co's Revenue for the
three
months ended in Mar. 2024 was ¥603 Mil.
Zhongfu Straits (Pingtan) Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.93.
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.
Zhongfu Straits (Pingtan) Development Co's Days Inventory for the
three
months ended in Mar. 2024 was 274.47.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhongfu Straits (Pingtan) Development Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.33.
Zhongfu Straits (Pingtan) Development 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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Zhongfu Straits (Pingtan) Development Co Inventory-to-Revenue Chart
Zhongfu Straits (Pingtan) Development Co Annual Data
Competitive Comparison of Zhongfu Straits (Pingtan) Development Co's Inventory-to-Revenue
For the Lumber & Wood Production subindustry, Zhongfu Straits (Pingtan) Development 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.
Zhongfu Straits (Pingtan) Development Co's Inventory-to-Revenue Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, Zhongfu Straits (Pingtan) Development Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Zhongfu Straits (Pingtan) Development Co's Inventory-to-Revenue falls into.
Zhongfu Straits (Pingtan) Development 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.
* 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.
Zhongfu Straits (Pingtan) Development Co (SZSE:000592) 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.
Zhongfu Straits (Pingtan) Development 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.
Zhongfu Straits (Pingtan) Development Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Zhongfu Straits (Pingtan) Development Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhongfu Straits (Pingtan) Development Co (SZSE:000592) Business Description
Zhongfu Straits (Pingtan) Development Company Ltd operates in the forest products industry in China. The company is engaged in design and construction of garden landscape engineering, municipal engineering, interior decoration engineering; housing lease; property management, and foreign trade.
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