What is JiaChen Holding 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. JiaChen Holding Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$58.9 Mil. JiaChen Holding Group's Revenue for the
six
months ended in Dec. 2023 was HK$161.8 Mil.
JiaChen Holding Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.
JiaChen Holding Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.60) to Jun. 2023 (0.36)
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.
JiaChen Holding Group's Days Inventory for the
six
months ended in Dec. 2023 was 82.29.
Inventory Turnover measures how fast the company turns over its inventory within a year.
JiaChen Holding Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.22.
JiaChen Holding Group Inventory-to-Revenue Historical Data
The historical data trend for JiaChen Holding 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.
Competitive Comparison of JiaChen Holding Group's Inventory-to-Revenue
For the Building Products & Equipment subindustry, JiaChen Holding 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.
JiaChen Holding Group's Inventory-to-Revenue Distribution in the Construction Industry
For the Construction industry and Industrials sector, JiaChen Holding Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where JiaChen Holding Group's Inventory-to-Revenue falls into.
JiaChen Holding 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.
JiaChen Holding 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.
JiaChen Holding Group (HKSE:01937) 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.
JiaChen Holding 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.
JiaChen Holding Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of JiaChen Holding Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
JiaChen Holding Group (HKSE:01937) Business Description
JiaChen Holding Group Ltd is engaged in manufacturing and sales of access flooring products and provide related installation services. Its segments consist of Steel access flooring plates; and Calcium-sulfate access flooring plates. Its access flooring products have been applied in office buildings in the China with characteristics of cable management (wires and cables are managed and organized underfloor with flexibility to accommodate any electronic devices); short installation time; high compressive strength and fire-resistance characteristic; and high bearing capacity. Geographical presence of the company is in Hong Kong, Hong Kong, PRC and Other country and regions.
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