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Starlite Holdings (HKSE:00403) Inventory-to-Revenue : 0.16 (As of Sep. 2023)


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What is Starlite 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. Starlite Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$72.6 Mil. Starlite Holdings's Revenue for the six months ended in Sep. 2023 was HK$459.7 Mil. Starlite Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.16.

Starlite Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (0.20) to Mar. 2023 (0.16)

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. Starlite Holdings's Days Inventory for the six months ended in Sep. 2023 was 35.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Starlite Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 5.11.


Starlite Holdings Inventory-to-Revenue Historical Data

The historical data trend for Starlite 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.

Starlite Holdings Inventory-to-Revenue Chart

Starlite Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.10 0.10 0.11 0.11

Starlite Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.21 0.24 0.17 0.20 0.16

Competitive Comparison of Starlite Holdings's Inventory-to-Revenue

For the Packaging & Containers subindustry, Starlite 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.


Starlite Holdings's Inventory-to-Revenue Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starlite Holdings's Inventory-to-Revenue distribution charts can be found below:

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



Starlite 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.

Starlite Holdings's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (115.33 + 86.873) / 2 ) / 923.236
=101.1015 / 923.236
=0.11

Starlite Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (86.873 + 58.402) / 2 ) / 459.712
=72.6375 / 459.712
=0.16

* 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.


Starlite Holdings  (HKSE:00403) 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.

Starlite Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=72.6375/371.145*365 / 2
=35.72

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

Starlite Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=371.145 / 72.6375
=5.11

* 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.


Starlite Holdings Inventory-to-Revenue Related Terms

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Starlite Holdings (HKSE:00403) Business Description

Traded in Other Exchanges
N/A
Address
31 Tai Yau Street, 3rd Floor, Perfect Industrial Building, Sanpokong, Kowloon, Hong Kong, HKG
Starlite Holdings Ltd is an investment holding company engaged in the printing and manufacturing of packaging materials, labels, and paper products, including environmental-friendly paper products. The group considers business segments from a geographical perspective being the location of factory plants including Southern China, Eastern China, and South East Asia, of which a majority of revenue is derived from Southern China.
Executives
Yeung Chui
Lam Kwong Yu
Wu Lam Li

Starlite Holdings (HKSE:00403) Headlines

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