What is Apollo Future Mobility 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. Apollo Future Mobility Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$89.1 Mil. Apollo Future Mobility Group's Revenue for the
six
months ended in Dec. 2023 was HK$151.6 Mil.
Apollo Future Mobility Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.59.
Apollo Future Mobility Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (1.09) to Jun. 2023 (0.59)
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.
Apollo Future Mobility Group's Days Inventory for the
six
months ended in Dec. 2023 was 147.52.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Apollo Future Mobility Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.24.
Apollo Future Mobility Group Inventory-to-Revenue Historical Data
* 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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Apollo Future Mobility Group Inventory-to-Revenue Chart
Competitive Comparison of Apollo Future Mobility Group's Inventory-to-Revenue
For the Luxury Goods subindustry, Apollo Future Mobility 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.
Apollo Future Mobility Group's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Apollo Future Mobility Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Apollo Future Mobility Group's Inventory-to-Revenue falls into.
Apollo Future Mobility 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.
Apollo Future Mobility Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 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.
Apollo Future Mobility Group (HKSE:00860) 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.
Apollo Future Mobility Group's Days Inventory for the
six
months ended in Dec. 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.
Apollo Future Mobility Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Apollo Future Mobility Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Apollo Future Mobility Group (HKSE:00860) Business Description
Apollo Future Mobility Group Ltd is an investment holding company. It operates in three segments. The Mobility technology solutions segment engages in designing, developing, manufacturing, and sales high-performance hypercars and provision of mobility technology solutions. Jewellery products and watches segment that derives majority revenue focus on retailing and wholesale of jewellery products and watches. The Money Lending segment provides loan finance. ,Majority revenue is derived from Jewellery products, watches and other commodities segment. Geographically Mainland China accounts for majority revenue.
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