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Anhui Gujing Distillery Co (SZSE:000596) Inventory-to-Revenue : 0.91 (As of Mar. 2024)


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What is Anhui Gujing Distillery 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. Anhui Gujing Distillery Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥7,547 Mil. Anhui Gujing Distillery Co's Revenue for the three months ended in Mar. 2024 was ¥8,286 Mil. Anhui Gujing Distillery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.91.

Anhui Gujing Distillery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.62) to Dec. 2023 (0.91)

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. Anhui Gujing Distillery Co's Days Inventory for the three months ended in Mar. 2024 was 422.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anhui Gujing Distillery Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.


Anhui Gujing Distillery Co Inventory-to-Revenue Historical Data

The historical data trend for Anhui Gujing Distillery 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.

* Premium members only.

Anhui Gujing Distillery Co Inventory-to-Revenue Chart

Anhui Gujing Distillery Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.31 0.30 0.32 0.34

Anhui Gujing Distillery Co 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 0.92 1.29 1.36 1.62 0.91

Competitive Comparison of Anhui Gujing Distillery Co's Inventory-to-Revenue

For the Beverages - Wineries & Distilleries subindustry, Anhui Gujing Distillery 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.


Anhui Gujing Distillery Co's Inventory-to-Revenue Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anhui Gujing Distillery Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Anhui Gujing Distillery Co's Inventory-to-Revenue falls into.



Anhui Gujing Distillery 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.

Anhui Gujing Distillery 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 )
=( (6058.106 + 7519.683) / 2 ) / 20253.527
=6788.8945 / 20253.527
=0.34

Anhui Gujing Distillery 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 )
=( (7519.683 + 7573.447) / 2 ) / 8286.317
=7546.565 / 8286.317
=0.91

* 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.


Anhui Gujing Distillery Co  (SZSE:000596) 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.

Anhui Gujing Distillery 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
=7546.565/1628.295*365 / 4
=422.91

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

Anhui Gujing Distillery 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 )
=1628.295 / 7546.565
=0.22

* 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.


Anhui Gujing Distillery Co Inventory-to-Revenue Related Terms

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Anhui Gujing Distillery Co (SZSE:000596) Business Description

Traded in Other Exchanges
Address
Gujing Town, Anhui Province, Bozhou, CHN, 236820
Anhui Gujing is one of the eight most famous baijiu brands in China and the largest baijiu distiller in Anhui province by sales in 2022. The company produces rich-flavored baijiu, with a colorful brand story tracing back 1,800 years to the Three Kingdoms period. Gujing is one of the leading players in the midrange to high-end market and enjoys high retail prices and profit margins, with its flagship Gujing Year Puree series contributing 70%-75% of total sales. The State-Owned Assets Supervision and Administration Commission of Bozhou controls 28% of Gujing.

Anhui Gujing Distillery Co (SZSE:000596) Headlines

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