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Naipu Mining Machinery Co (SZSE:300818) Inventory-to-Revenue : 0.76 (As of Jun. 2024)


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What is Naipu Mining Machinery 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. Naipu Mining Machinery Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥287 Mil. Naipu Mining Machinery Co's Revenue for the three months ended in Jun. 2024 was ¥379 Mil. Naipu Mining Machinery Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.76.

Naipu Mining Machinery Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (1.09) to Mar. 2024 (0.76)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Naipu Mining Machinery Co's Days Inventory for the three months ended in Jun. 2024 was 100.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Naipu Mining Machinery Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.90.


Naipu Mining Machinery Co Inventory-to-Revenue Historical Data

The historical data trend for Naipu Mining Machinery 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.

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Naipu Mining Machinery Co Inventory-to-Revenue Chart

Naipu Mining Machinery 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 0.28 0.28 0.15 0.30 0.26

Naipu Mining Machinery Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.05 0.94 0.86 1.09 0.76

Competitive Comparison of Naipu Mining Machinery Co's Inventory-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, Naipu Mining Machinery 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.


Naipu Mining Machinery Co's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Naipu Mining Machinery Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Naipu Mining Machinery Co's Inventory-to-Revenue falls into.



Naipu Mining Machinery 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.

Naipu Mining Machinery 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 )
=( (241.038 + 252.745) / 2 ) / 937.759
=246.8915 / 937.759
=0.26

Naipu Mining Machinery Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (286.799 + 287.192) / 2 ) / 378.5
=286.9955 / 378.5
=0.76

* 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.


Naipu Mining Machinery Co  (SZSE:300818) 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.

Naipu Mining Machinery Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=286.9955/259.469*365 / 4
=100.93

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

Naipu Mining Machinery Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=259.469 / 286.9955
=0.90

* 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.


Naipu Mining Machinery Co Inventory-to-Revenue Related Terms

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Naipu Mining Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 52 Xingyuan Road, Economic Development Zone, Jiangxi Province, Shangrao, CHN
Naipu Mining Machinery Co Ltd is engaged in developing, manufacturing and marketing mine beneficiation equipment and rubber wear-resistant products and spares. Its products include Slurry Pump Series, Hydrocyclone Series, Spares For Grinding Mills, Spares For Flotation Machine, Spares For Vibrating Screens, and Rubber Composite Pipes.
Executives
Cheng Sheng Directors, executives

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