GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Machinery Huanyu Certification and Inspection Co Ltd (SZSE:301508) » Definitions » Inventory-to-Revenue

China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Inventory-to-Revenue : 0.01 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is China Machinery Huanyu Certification and Inspection 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. China Machinery Huanyu Certification and Inspection Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1.3 Mil. China Machinery Huanyu Certification and Inspection Co's Revenue for the three months ended in Mar. 2024 was ¥169.1 Mil. China Machinery Huanyu Certification and Inspection Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

China Machinery Huanyu Certification and Inspection Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.01) to Dec. 2023 (0.01)

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. China Machinery Huanyu Certification and Inspection Co's Days Inventory for the three months ended in Mar. 2024 was 1.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Machinery Huanyu Certification and Inspection Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 79.02.


China Machinery Huanyu Certification and Inspection Co Inventory-to-Revenue Historical Data

The historical data trend for China Machinery Huanyu Certification and Inspection 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.

China Machinery Huanyu Certification and Inspection Co Inventory-to-Revenue Chart

China Machinery Huanyu Certification and Inspection Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- - - - -

China Machinery Huanyu Certification and Inspection Co Quarterly Data
Dec19 Dec20 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 - - - 0.01 0.01

Competitive Comparison of China Machinery Huanyu Certification and Inspection Co's Inventory-to-Revenue

For the Specialty Business Services subindustry, China Machinery Huanyu Certification and Inspection 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.


China Machinery Huanyu Certification and Inspection Co's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Machinery Huanyu Certification and Inspection Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Machinery Huanyu Certification and Inspection Co's Inventory-to-Revenue falls into.



China Machinery Huanyu Certification and Inspection 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.

China Machinery Huanyu Certification and Inspection 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 )
=( (0 + 1.309) / 1 ) / 753.72
=1.309 / 753.72
=0.00

China Machinery Huanyu Certification and Inspection 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 )
=( (1.309 + 1.254) / 2 ) / 169.116
=1.2815 / 169.116
=0.01

* 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.


China Machinery Huanyu Certification and Inspection Co  (SZSE:301508) 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.

China Machinery Huanyu Certification and Inspection 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
=1.2815/101.269*365 / 4
=1.15

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

China Machinery Huanyu Certification and Inspection 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 )
=101.269 / 1.2815
=79.02

* 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.


China Machinery Huanyu Certification and Inspection Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of China Machinery Huanyu Certification and Inspection Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 32, Tianrong Street, Beizangcun Town, Daxing, Beijing, CHN, 102609
China Machinery Huanyu Certification and Inspection Co Ltd provides Product inspection and testing services for complete automobiles, military equipment, engineering machinery, special equipment, civil aviation ground equipment, parts and components, as well as certification services such as product certification, system certification and service certification.

China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Headlines

No Headlines