What is Zhejiangnhua Intelligent Controls 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. Zhejiangnhua Intelligent Controls Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥4,790 Mil. Zhejiangnhua Intelligent Controls Co's Revenue for the
three
months ended in Mar. 2024 was ¥6,440 Mil.
Zhejiangnhua Intelligent Controls Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.
Zhejiangnhua Intelligent Controls Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.79) to Dec. 2023 (0.74)
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.
Zhejiangnhua Intelligent Controls Co's Days Inventory for the
three
months ended in Mar. 2024 was 93.05.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhejiangnhua Intelligent Controls Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.98.
Zhejiangnhua Intelligent Controls 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.
* Premium members only.
Zhejiangnhua Intelligent Controls Co Inventory-to-Revenue Chart
Competitive Comparison of Zhejiangnhua Intelligent Controls Co's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, Zhejiangnhua Intelligent Controls 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.
Zhejiangnhua Intelligent Controls Co's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiangnhua Intelligent Controls Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Zhejiangnhua Intelligent Controls Co's Inventory-to-Revenue falls into.
Zhejiangnhua Intelligent Controls 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.
Zhejiangnhua Intelligent Controls Co (SZSE:002050) 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.
Zhejiangnhua Intelligent Controls 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.
Zhejiangnhua Intelligent Controls Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Zhejiangnhua Intelligent Controls Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhejiangnhua Intelligent Controls Co (SZSE:002050) Business Description
Zhejiang Sanhua Intelligent Controls Co Ltd is an HVAC&R manufacturer of controls and components. It is engaged in the research and development, manufacture and distribution of refrigeration and air-conditioning control components, which include 4-way reversing valves, solenoid valves, and electronic expansion valves. The products offered by the company are standard controls and line components, customized controls and line components, electronic controls, and micro-channel heat exchanger. The products have application in air conditioning, commercial refrigeration, heat pump and home appliances. The organization supplies its products in China and internationally.
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