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Zjamp Group Co (SZSE:002758) Inventory-to-Revenue : 0.60 (As of Mar. 2024)


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What is Zjamp 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. Zjamp Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥5,964 Mil. Zjamp Group Co's Revenue for the three months ended in Mar. 2024 was ¥9,870 Mil. Zjamp Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.60.

Zjamp Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.49) to Dec. 2023 (0.60)

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. Zjamp Group Co's Days Inventory for the three months ended in Mar. 2024 was 58.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zjamp Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.56.


Zjamp Group Co Inventory-to-Revenue Historical Data

The historical data trend for Zjamp 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.

Zjamp Group Co Inventory-to-Revenue Chart

Zjamp 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 0.24 0.12 0.12 0.12 0.14

Zjamp 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 0.50 0.53 0.54 0.49 0.60

Competitive Comparison of Zjamp Group Co's Inventory-to-Revenue

For the Pharmaceutical Retailers subindustry, Zjamp 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.


Zjamp Group Co's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Zjamp Group Co's Inventory-to-Revenue distribution charts can be found below:

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



Zjamp 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.

Zjamp 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 )
=( (5067.924 + 5961.681) / 2 ) / 40941.154
=5514.8025 / 40941.154
=0.13

Zjamp 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 )
=( (5961.681 + 5965.614) / 2 ) / 9870.22
=5963.6475 / 9870.22
=0.60

* 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.


Zjamp Group Co  (SZSE:002758) 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.

Zjamp 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
=5963.6475/9318.982*365 / 4
=58.40

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

Zjamp 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 )
=9318.982 / 5963.6475
=1.56

* 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.


Zjamp Group Co Inventory-to-Revenue Related Terms

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Zjamp Group Co (SZSE:002758) Business Description

Traded in Other Exchanges
N/A
Address
1605, Zhejiang Shaoxing Textile City Avenue, Shaoxing, CHN, 312030
Zjamp Group Co Ltd, formerly Zhejiang Huatong Pharmaceutical Co Ltd is engaged in pharmaceutical wholesale, pharmaceutical retail, pharmaceutical production, pharmaceutical logistics, pharmaceutical exhibitions and other services. Its business segments include Wholesale of drugs, Third-party drug logistics, Drug retail chain and Chinese medicine production.
Executives
Zhang Zu Ming Executives
Zhan Xiang Supervisors
Zhou Zhi Fa Executives
Sun Xiao Ming Supervisors
Zhu Guo Liang Directors, executives
Ni Chi Hang Secretary Dong
Shen Jian Chao Directors, executives
Qian Mu Shui Directors, executives

Zjamp Group Co (SZSE:002758) Headlines

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