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Shandong Sinocera Functional Material Co (SZSE:300285) Inventory-to-Revenue : 1.05 (As of Mar. 2024)


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What is Shandong Sinocera Functional Material 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. Shandong Sinocera Functional Material Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥865 Mil. Shandong Sinocera Functional Material Co's Revenue for the three months ended in Mar. 2024 was ¥827 Mil. Shandong Sinocera Functional Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.05.

Shandong Sinocera Functional Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.75) to Dec. 2023 (1.05)

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. Shandong Sinocera Functional Material Co's Days Inventory for the three months ended in Mar. 2024 was 156.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Sinocera Functional Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.


Shandong Sinocera Functional Material Co Inventory-to-Revenue Historical Data

The historical data trend for Shandong Sinocera Functional Material 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.

Shandong Sinocera Functional Material Co Inventory-to-Revenue Chart

Shandong Sinocera Functional Material 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 0.21 0.19 0.25 0.22

Shandong Sinocera Functional Material 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 1.17 0.87 0.91 0.75 1.05

Competitive Comparison of Shandong Sinocera Functional Material Co's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Shandong Sinocera Functional Material 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.


Shandong Sinocera Functional Material Co's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Sinocera Functional Material Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shandong Sinocera Functional Material Co's Inventory-to-Revenue falls into.



Shandong Sinocera Functional Material 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.

Shandong Sinocera Functional Material 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 )
=( (890.758 + 789.471) / 2 ) / 3859.223
=840.1145 / 3859.223
=0.22

Shandong Sinocera Functional Material 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 )
=( (789.471 + 940.848) / 2 ) / 826.664
=865.1595 / 826.664
=1.05

* 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.


Shandong Sinocera Functional Material Co  (SZSE:300285) 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.

Shandong Sinocera Functional Material 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
=865.1595/505.775*365 / 4
=156.09

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

Shandong Sinocera Functional Material 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 )
=505.775 / 865.1595
=0.58

* 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.


Shandong Sinocera Functional Material Co Inventory-to-Revenue Related Terms

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Shandong Sinocera Functional Material Co (SZSE:300285) Business Description

Traded in Other Exchanges
N/A
Address
No. 24 Liaohe Road, Dongying District, Shandong Province, Dongying, CHN, 257091
Shandong Sinocera Functional Material Co Ltd is mainly engaged in the research and development, production and sales of novel materials. The main products include multilayer ceramic capacitors, electronic ceramic materials, nano-scale composite zirconia materials, high-purity ultra-fine alumina materials, ceramic ink materials for inkjet printing, electronic pastes, honeycomb ceramics, and ceramic balls. Its products are mainly applied in an electronic information and communication, biomedical, new energy vehicles, architectural ceramics and modern high-tech fields such as porcelain, automotive and industrial catalysis, solar photovoltaic, and aerospace.
Executives
Zhang Xi Director
Zhang Bing Directors, executives
Wang Zhong Supervisors
Wang Xiao Hong Supervisors
Xu Shao Mei Directors, executives
Zhao Hong Yan Securities Affairs Representative
Liu Mei Na Director
Song Xi Bin Executives
Si Liu Qi Executives

Shandong Sinocera Functional Material Co (SZSE:300285) Headlines

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