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Shenzhen Aisidi Co (SZSE:002416) Inventory-to-Revenue : 0.18 (As of Mar. 2024)


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What is Shenzhen Aisidi 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 Aisidi Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥3,956 Mil. Shenzhen Aisidi Co's Revenue for the three months ended in Mar. 2024 was ¥21,654 Mil. Shenzhen Aisidi Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.18.

Shenzhen Aisidi Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.13) to Dec. 2023 (0.18)

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 Aisidi Co's Days Inventory for the three months ended in Mar. 2024 was 17.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Aisidi Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.27.


Shenzhen Aisidi Co Inventory-to-Revenue Historical Data

The historical data trend for Shenzhen Aisidi 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.

Shenzhen Aisidi Co Inventory-to-Revenue Chart

Shenzhen Aisidi 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 0.04 0.04 0.04 0.05 0.04

Shenzhen Aisidi 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 0.17 0.16 0.12 0.13 0.18

Competitive Comparison of Shenzhen Aisidi Co's Inventory-to-Revenue

For the Specialty Retail subindustry, Shenzhen Aisidi 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 Aisidi Co's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shenzhen Aisidi Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shenzhen Aisidi Co's Inventory-to-Revenue falls into.



Shenzhen Aisidi 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 Aisidi 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 )
=( (4528.783 + 3466.15) / 2 ) / 92160.031
=3997.4665 / 92160.031
=0.04

Shenzhen Aisidi 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 )
=( (3466.15 + 4445.317) / 2 ) / 21653.865
=3955.7335 / 21653.865
=0.18

* 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 Aisidi Co  (SZSE:002416) 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 Aisidi 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
=3955.7335/20854.681*365 / 4
=17.31

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

Shenzhen Aisidi 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 )
=20854.681 / 3955.7335
=5.27

* 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 Aisidi Co Inventory-to-Revenue Related Terms

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Shenzhen Aisidi Co (SZSE:002416) Business Description

Traded in Other Exchanges
N/A
Address
Jinsong Building East Terra 20th Floor, Terra Avenue Futian District, Shenzhen, CHN, 518040
Shenzhen Aisidi Co Ltd is a China-based company. It engages in the distribution and retail of mobile phones and digital electronic products. The company has four business segments of intelligent terminal products, communication services, financial services and e-commerce platforms. Its products include mobile communication terminal products, digital electronic consumer products, communication services, mobile internet, and finance.
Executives
Huang Wen Hui Director
Liu Hong Hua Executives
Mi Ze Dong Directors, executives
Yang Zhi Executives
Chen Liang Executives
Zhou You Meng Directors, executives
Huang Shao Wu Director
Xia Xiao Hua Director
Liu Hao Executives
Chen Bei Directors, executives
Zhang Peng Supervisors
Guo Xu Yong Director

Shenzhen Aisidi Co (SZSE:002416) Headlines

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