What is Red Star Macalline 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. Red Star Macalline Group's Average Total Inventories for the quarter that ended in Mar. 2024 was HK$175 Mil. Red Star Macalline Group's Revenue for the
three
months ended in Mar. 2024 was HK$2,294 Mil.
Red Star Macalline Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.
Red Star Macalline Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.06) to Dec. 2023 (0.08)
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.
Red Star Macalline Group's Days Inventory for the
three
months ended in Mar. 2024 was 13.64.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Red Star Macalline Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.69.
Red Star Macalline Group Inventory-to-Revenue Historical Data
The historical data trend for Red Star Macalline 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.
Red Star Macalline Group Inventory-to-Revenue Chart
Competitive Comparison of Red Star Macalline Group's Inventory-to-Revenue
For the Real Estate Services subindustry, Red Star Macalline 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.
Red Star Macalline Group's Inventory-to-Revenue Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Red Star Macalline Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Red Star Macalline Group's Inventory-to-Revenue falls into.
Red Star Macalline 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.
Red Star Macalline 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.
Red Star Macalline Group (HKSE:01528) 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.
Red Star Macalline Group's Days Inventory for the
three
months ended in Mar. 2024 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.
Red Star Macalline Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Red Star Macalline Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Red Star Macalline Group (HKSE:01528) Business Description
Red Star Macalline Group Corp Ltd operates home improvement and furnishings shopping malls in China. It has various segments.Owned/Leased Portfolio Shopping Malls segment, which is the key revenue driver, leases floor areas to the tenants and provides management support to them. Managed Shopping Malls segment provides initiation, consultation, and management services to its partners and construction contractors to develop and manage the shopping malls under its own brand. The Construction and design segment provides building installation and decorating services in shopping malls. Sales of merchandise and related services segment include retail sales of home furnishing merchandise and providing related decorating services. All of its revenues are derived from the PRC.
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