GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tianyu Digital Technology (Dalian) Group Co Ltd (SZSE:002354) » Definitions » Inventory-to-Revenue

Tianyu Digital Technology (Dalian) Group Co (SZSE:002354) Inventory-to-Revenue : 0.05 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Tianyu Digital Technology (Dalian) Group 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. Tianyu Digital Technology (Dalian) Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥17 Mil. Tianyu Digital Technology (Dalian) Group Co's Revenue for the three months ended in Mar. 2024 was ¥370 Mil. Tianyu Digital Technology (Dalian) Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.

Tianyu Digital Technology (Dalian) Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.05) to Dec. 2023 (0.05)

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. Tianyu Digital Technology (Dalian) Group Co's Days Inventory for the three months ended in Mar. 2024 was 5.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianyu Digital Technology (Dalian) Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 15.37.


Tianyu Digital Technology (Dalian) Group Co Inventory-to-Revenue Historical Data

The historical data trend for Tianyu Digital Technology (Dalian) Group 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.

Tianyu Digital Technology (Dalian) Group Co Inventory-to-Revenue Chart

Tianyu Digital Technology (Dalian) Group 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 0.03 0.04 0.02 0.01 0.01

Tianyu Digital Technology (Dalian) Group 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 0.05 0.04 0.06 0.05 0.05

Competitive Comparison of Tianyu Digital Technology (Dalian) Group Co's Inventory-to-Revenue

For the Electronic Gaming & Multimedia subindustry, Tianyu Digital Technology (Dalian) Group 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.


Tianyu Digital Technology (Dalian) Group Co's Inventory-to-Revenue Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tianyu Digital Technology (Dalian) Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tianyu Digital Technology (Dalian) Group Co's Inventory-to-Revenue falls into.



Tianyu Digital Technology (Dalian) Group 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.

Tianyu Digital Technology (Dalian) Group 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 )
=( (24.828 + 19.304) / 2 ) / 1761.374
=22.066 / 1761.374
=0.01

Tianyu Digital Technology (Dalian) Group 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 )
=( (19.304 + 14.758) / 2 ) / 369.822
=17.031 / 369.822
=0.05

* 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.


Tianyu Digital Technology (Dalian) Group Co  (SZSE:002354) 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.

Tianyu Digital Technology (Dalian) Group 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
=17.031/261.779*365 / 4
=5.94

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

Tianyu Digital Technology (Dalian) Group 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 )
=261.779 / 17.031
=15.37

* 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.


Tianyu Digital Technology (Dalian) Group Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Tianyu Digital Technology (Dalian) Group Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Tianyu Digital Technology (Dalian) Group Co (SZSE:002354) Business Description

Traded in Other Exchanges
N/A
Address
No. 31 Zhifu Street, Unit 905, Zhongshan District, Liaoning Province, Dalian, CHN, 100123
Tianyu Digital Technology (Dalian) Group Co Ltd develops and publishes online games. It offers various games such as Changfei Change, Dream Q Immortal, The People's Destruction of God, and Variety of Changes.
Executives
Shi Bo Tao Directors, executives
Shen Xue Lian Director
Gong Jiao Executives
Zhu Ye Directors, executives
Yin Chun Fen Directors, executives
Sun Jun Executives
Meng Xiang Dong Director
Shen Yan Ling Executives

Tianyu Digital Technology (Dalian) Group Co (SZSE:002354) Headlines

No Headlines