What is King Stone Energy 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. King Stone Energy Group's Average Total Inventories for the quarter that ended in Jun. 2023 was HK$7.6 Mil. King Stone Energy Group's Revenue for the
six
months ended in Jun. 2023 was HK$59.8 Mil.
King Stone Energy Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.13.
King Stone Energy Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023
declined
from Dec. 2022 (0.18) to Dec. 2022 (0.13)
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.
King Stone Energy Group's Days Inventory for the
six
months ended in Jun. 2023 was 27.65.
Inventory Turnover measures how fast the company turns over its inventory within a year.
King Stone Energy Group's Inventory Turnover for the quarter that ended in Jun. 2023 was 6.60.
King Stone Energy Group Inventory-to-Revenue Historical Data
The historical data trend for King Stone Energy 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.
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King Stone Energy Group Inventory-to-Revenue Chart
Competitive Comparison of King Stone Energy Group's Inventory-to-Revenue
For the Conglomerates subindustry, King Stone Energy 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.
King Stone Energy Group's Inventory-to-Revenue Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, King Stone Energy Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where King Stone Energy Group's Inventory-to-Revenue falls into.
King Stone Energy 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.
King Stone Energy Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
King Stone Energy Group (HKSE:00663) 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.
King Stone Energy Group's Days Inventory for the
six
months ended in Jun. 2023 is calculated as:
* 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.
King Stone Energy Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of King Stone Energy Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
King Stone Energy Group (HKSE:00663) Business Description
King Stone Energy Group Ltd is an Investment Holding company. The company operates through seven segments namely silver mining, Oil and gas, Asset financing, Photovoltaic, Trading, and Tourism. It operates in Mainland China and the United States. The company's majorityt of the revenue comes from Mainland China.
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