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Success Universe Group (HKSE:00487) Inventory-to-Revenue : 2.86 (As of Dec. 2023)


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What is Success Universe 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. Success Universe Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$95.7 Mil. Success Universe Group's Revenue for the six months ended in Dec. 2023 was HK$33.5 Mil. Success Universe Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.86.

Success Universe Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (1.48) to Jun. 2023 (2.86)

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. Success Universe Group's Days Inventory for the six months ended in Dec. 2023 was 722.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Success Universe Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.25.


Success Universe Group Inventory-to-Revenue Historical Data

The historical data trend for Success Universe 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.

Success Universe Group Inventory-to-Revenue Chart

Success Universe Group 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 0.13 0.32 0.74 0.92 0.93

Success Universe Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 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 0.96 2.04 1.76 1.48 2.86

Competitive Comparison of Success Universe Group's Inventory-to-Revenue

For the Travel Services subindustry, Success Universe 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.


Success Universe Group's Inventory-to-Revenue Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Success Universe Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Success Universe Group's Inventory-to-Revenue falls into.



Success Universe 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.

Success Universe 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 )
=( (100.6 + 88.9) / 2 ) / 101.897
=94.75 / 101.897
=0.93

Success Universe 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 )
=( (102.4 + 88.9) / 2 ) / 33.453
=95.65 / 33.453
=2.86

* 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.


Success Universe Group  (HKSE:00487) 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.

Success Universe 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
=95.65/24.152*365 / 2
=722.76

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

Success Universe 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 )
=24.152 / 95.65
=0.25

* 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.


Success Universe Group Inventory-to-Revenue Related Terms

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Success Universe Group (HKSE:00487) Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Tower 1, Admiralty Centre, Units 1003-04A, 10th Floor, Hong Kong, HKG
Success Universe Group Ltd is a Hong Kong-based investment holding company that is engaged in travel-related and property investment businesses. The travel segment is engaged in the sales of air tickets, tour packages, and other travel-related services, Property investment business receives profit streams from leasing office premises in Hong Kong. It operates the business activity from various locations which includes Hong Kong, Macau, North America, and China. The group generates the majority of its revenue from the Travel segment.
Executives
Silver Rich Macau Development Limited 2101 Beneficial owner
Liu Siu Lam Marian 2202 Interest of your spouse
Yeung Hoi Sing Sonny 2201 Interest of corporation controlled by you

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