What is Tat Hong Equipment Service Co 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. Tat Hong Equipment Service Co's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$45.0 Mil. Tat Hong Equipment Service Co's Revenue for the
six
months ended in Sep. 2023 was HK$384.7 Mil.
Tat Hong Equipment Service Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.12.
Tat Hong Equipment Service Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023
increased
from Mar. 2023 (0.09) to Mar. 2023 (0.12)
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.
Tat Hong Equipment Service Co's Days Inventory for the
six
months ended in Sep. 2023 was 25.98.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tat Hong Equipment Service Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 7.02.
Tat Hong Equipment Service Co 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.
* Premium members only.
Tat Hong Equipment Service Co Inventory-to-Revenue Chart
Competitive Comparison of Tat Hong Equipment Service Co's Inventory-to-Revenue
For the Farm & Heavy Construction Machinery subindustry, Tat Hong Equipment Service Co'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.
Tat Hong Equipment Service Co's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Tat Hong Equipment Service Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Tat Hong Equipment Service Co's Inventory-to-Revenue falls into.
Tat Hong Equipment Service Co 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.
* 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.
Tat Hong Equipment Service Co (HKSE:02153) 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.
Tat Hong Equipment Service Co's Days Inventory for the
six
months ended in Sep. 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.
Tat Hong Equipment Service Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Tat Hong Equipment Service Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Tat Hong Equipment Service Co (HKSE:02153) Business Description
Tat Hong Equipment Service Co Ltd is engaged in the business of providing tower crane services. The company provides one-stop tower crane solution services from consultation, technical design, commissioning, and construction to after-sales services. Its segments include namely infrastructure, clean energy, traditional energy, public and plant construction, commercial and residential sectors.
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