What is Risecomm Group 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. Risecomm Group Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$26.0 Mil. Risecomm Group Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$65.4 Mil.
Risecomm Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.40.
Risecomm Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.77) to Jun. 2023 (0.40)
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.
Risecomm Group Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 82.85.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Risecomm Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.20.
Risecomm Group Holdings Inventory-to-Revenue Historical Data
The historical data trend for Risecomm Group 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.
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Risecomm Group Holdings Inventory-to-Revenue Chart
Competitive Comparison of Risecomm Group Holdings's Inventory-to-Revenue
For the Semiconductors subindustry, Risecomm Group 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.
Risecomm Group Holdings's Inventory-to-Revenue Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Risecomm Group Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Risecomm Group Holdings's Inventory-to-Revenue falls into.
Risecomm Group 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.
Risecomm Group Holdings'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.
Risecomm Group Holdings (HKSE:01679) 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.
Risecomm Group Holdings'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.
Risecomm Group Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Risecomm Group Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Risecomm Group Holdings (HKSE:01679) Business Description
Risecomm Group Holdings Ltd is an investment holding company. It operates in two business segments namely, Automated Meter Reading (AMR) and other includes design, development, and sale of power line communication products and energy-saving and environmental protection products and solutions used in streetlight control, building energy management, photovoltaic power management, and providing maintenance services in connections with the deployment and upgrading of AMR systems in PRC; and Smart manufacturing & industrial automation (SMIA) business segment includes the sales of the software license, safety products as well as the provision of software post-contract customers support services. It generates revenue from AMR business. Geographically, it derives revenue from the PRC.
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