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Shandong Hi-Speed Holdings Group (FRA:HRI) Inventory-to-Revenue : 0.03 (As of Dec. 2023)


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What is Shandong Hi-Speed Holdings Group 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 Hi-Speed Holdings Group's Average Total Inventories for the quarter that ended in Dec. 2023 was €8.6 Mil. Shandong Hi-Speed Holdings Group's Revenue for the six months ended in Dec. 2023 was €288.2 Mil. Shandong Hi-Speed Holdings Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Shandong Hi-Speed Holdings Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.03) to Jun. 2023 (0.03)

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 Hi-Speed Holdings Group's Days Inventory for the six months ended in Dec. 2023 was 8.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Hi-Speed Holdings Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 22.49.


Shandong Hi-Speed Holdings Group Inventory-to-Revenue Historical Data

The historical data trend for Shandong Hi-Speed Holdings Group'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 Hi-Speed Holdings Group Inventory-to-Revenue Chart

Shandong Hi-Speed Holdings Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.02 0.02

Shandong Hi-Speed Holdings Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 0.09 0.03 0.03 0.03

Competitive Comparison of Shandong Hi-Speed Holdings Group's Inventory-to-Revenue

For the Asset Management subindustry, Shandong Hi-Speed Holdings Group'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 Hi-Speed Holdings Group's Inventory-to-Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Shandong Hi-Speed Holdings Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shandong Hi-Speed Holdings Group's Inventory-to-Revenue falls into.



Shandong Hi-Speed Holdings Group 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 Hi-Speed Holdings Group'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 )
=( (11.519 + 8.386) / 2 ) / 649.202
=9.9525 / 649.202
=0.02

Shandong Hi-Speed Holdings Group'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (8.782 + 8.386) / 2 ) / 288.239
=8.584 / 288.239
=0.03

* 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 Hi-Speed Holdings Group  (FRA:HRI) 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 Hi-Speed Holdings Group's Days Inventory for the six 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
=8.584/193.096*365 / 2
=8.11

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

Shandong Hi-Speed Holdings Group'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 )
=193.096 / 8.584
=22.49

* 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 Hi-Speed Holdings Group Inventory-to-Revenue Related Terms

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Shandong Hi-Speed Holdings Group (FRA:HRI) Business Description

Traded in Other Exchanges
Address
No. 50 Connaught Road Central, 17th Floor, Agricultural Bank of China Tower, Hong Kong, HKG
Shandong Hi-Speed Holdings Group Ltd is an investment holding company & its segments include Industrial investment segment in operations of industrial investment-related business; Standard investment segment in trading of listed securities & listed bonds for interest income & capital appreciation; Non-standard investment segment in direct investment business, investments in debts instruments, unlisted bonds & investment funds; Licensed financial services segment in provision of money lending services, securities brokerage services, asset management services & asset trading platform; & Financial technology segment in online investment & technology-enabled lending services & online new media services. The majority is from the Industrial Investment segment & key revenue is from PRC.