What is Shenzhen MinDe Electronics Technology 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 MinDe Electronics Technology's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥102.8 Mil. Shenzhen MinDe Electronics Technology's Revenue for the
three
months ended in Mar. 2024 was ¥65.7 Mil.
Shenzhen MinDe Electronics Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.57.
Shenzhen MinDe Electronics Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.97) to Dec. 2023 (1.57)
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 MinDe Electronics Technology's Days Inventory for the
three
months ended in Mar. 2024 was 231.79.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shenzhen MinDe Electronics Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.
Shenzhen MinDe Electronics Technology 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.
Competitive Comparison of Shenzhen MinDe Electronics Technology's Inventory-to-Revenue
For the Security & Protection Services subindustry, Shenzhen MinDe Electronics Technology'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 MinDe Electronics Technology's Inventory-to-Revenue Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Shenzhen MinDe Electronics Technology's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shenzhen MinDe Electronics Technology's Inventory-to-Revenue falls into.
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.
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 MinDe Electronics Technology'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.
Shenzhen MinDe Electronics Technology Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shenzhen MinDe Electronics Technology's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shenzhen MinDe Electronics Technology (SZSE:300656) Business Description
Shenzhen MinDe Electronics Technology Ltd is a Chinese company engaged in designing, developing and manufacturing barcode scan instruments. Its products include handheld barcode scanners, cordless barcode scanners, scan engines, image platform, and lightweight data terminal, among others. The application domains are manufacturing, retailing, postage, logistic and medical services. It has customers in China and in various other countries.
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