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Glory Flame Holdings (HKSE:08059) Inventory-to-Revenue : 0.08 (As of Dec. 2023)


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What is Glory Flame Holdings 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. Glory Flame Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$1.9 Mil. Glory Flame Holdings's Revenue for the three months ended in Dec. 2023 was HK$24.9 Mil. Glory Flame Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

Glory Flame Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.07) to Sep. 2023 (0.08)

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. Glory Flame Holdings's Days Inventory for the three months ended in Dec. 2023 was 9.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Glory Flame Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.82.


Glory Flame Holdings Inventory-to-Revenue Historical Data

The historical data trend for Glory Flame Holdings'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.

Glory Flame Holdings Inventory-to-Revenue Chart

Glory Flame Holdings 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 0.05 0.04 0.04 0.03 0.02

Glory Flame Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.08 0.13 0.06 0.07 0.08

Competitive Comparison of Glory Flame Holdings's Inventory-to-Revenue

For the Engineering & Construction subindustry, Glory Flame Holdings'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.


Glory Flame Holdings's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Glory Flame Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Glory Flame Holdings's Inventory-to-Revenue falls into.



Glory Flame Holdings 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.

Glory Flame Holdings'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 )
=( (3.162 + 1.856) / 2 ) / 107.606
=2.509 / 107.606
=0.02

Glory Flame Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0 + 1.856) / 1 ) / 24.889
=1.856 / 24.889
=0.07

* 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.


Glory Flame Holdings  (HKSE:08059) 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.

Glory Flame Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=1.856/18.225*365 / 4
=9.29

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

Glory Flame Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=18.225 / 1.856
=9.82

* 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.


Glory Flame Holdings Inventory-to-Revenue Related Terms

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Glory Flame Holdings (HKSE:08059) Business Description

Traded in Other Exchanges
N/A
Address
5 Canton Road, Suite 821, 8th Floor, Ocean Centre, Harbour City, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Glory Flame Holdings Ltd is an investment holding company. The group mainly engages in the provision of concrete demolition services and manufacturing and trading of prefabricated construction components The geographical segments of the group are Hong Kong and the PRC.
Executives
Zhou Jin 2101 Beneficial owner
Zhu Zhou 2101 Beneficial owner
Huang Cheng 2101 Beneficial owner
Du Hao 2101 Beneficial owner

Glory Flame Holdings (HKSE:08059) Headlines

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