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Regina Miracle International (Holdings) (HKSE:02199) Inventory-to-Revenue : 0.38 (As of Sep. 2023)


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What is Regina Miracle International (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. Regina Miracle International (Holdings)'s Average Total Inventories for the quarter that ended in Sep. 2023 was HK$1,346 Mil. Regina Miracle International (Holdings)'s Revenue for the six months ended in Sep. 2023 was HK$3,545 Mil. Regina Miracle International (Holdings)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.38.

Regina Miracle International (Holdings)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (0.44) to Mar. 2023 (0.38)

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. Regina Miracle International (Holdings)'s Days Inventory for the six months ended in Sep. 2023 was 90.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Regina Miracle International (Holdings)'s Inventory Turnover for the quarter that ended in Sep. 2023 was 2.01.


Regina Miracle International (Holdings) Inventory-to-Revenue Historical Data

The historical data trend for Regina Miracle International (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.

* Premium members only.

Regina Miracle International (Holdings) Inventory-to-Revenue Chart

Regina Miracle International (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.14 0.16 0.20 0.17 0.19

Regina Miracle International (Holdings) Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.35 0.33 0.44 0.38

Competitive Comparison of Regina Miracle International (Holdings)'s Inventory-to-Revenue

For the Apparel Manufacturing subindustry, Regina Miracle International (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.


Regina Miracle International (Holdings)'s Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Regina Miracle International (Holdings)'s Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Regina Miracle International (Holdings)'s Inventory-to-Revenue falls into.



Regina Miracle International (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.

Regina Miracle International (Holdings)'s Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (1568.661 + 1437.829) / 2 ) / 7879.287
=1503.245 / 7879.287
=0.19

Regina Miracle International (Holdings)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (1437.829 + 1254.033) / 2 ) / 3544.797
=1345.931 / 3544.797
=0.38

* 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.


Regina Miracle International (Holdings)  (HKSE:02199) 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.

Regina Miracle International (Holdings)'s Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=1345.931/2702.087*365 / 2
=90.90

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Regina Miracle International (Holdings)'s Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=2702.087 / 1345.931
=2.01

* 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.


Regina Miracle International (Holdings) Inventory-to-Revenue Related Terms

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Regina Miracle International (Holdings) (HKSE:02199) Business Description

Traded in Other Exchanges
Address
63 Wo Yi Hop Road, 10th Floor, Tower A, Regent Centre, Kwai Chung, Hong Kong, HKG
Regina Miracle International (Holdings) Ltd is an investment holding company. The company's operating segment includes Intimate wear; Sports products; Consumer electronics components; Bra pads and molded products; Footwear and Fabric masks. The company generates maximum revenue from the Intimate wear segment which is engaged in the manufacturing and trading of bras, bra tops, panties, shapewear, and swimwear. Geographically, the company derives a majority of its revenue from the United States.
Executives
Regent Marvel Investment Holdings Limited 2101 Beneficial owner
Choy King Ngor 2202 Interest of your spouse
Hung Yau Lit 2201 Interest of corporation controlled by you
King Terrace Limited 2101 Beneficial owner
Hui Ching Lau 2201 Interest of corporation controlled by you
Yiheng Capital, Llc

Regina Miracle International (Holdings) (HKSE:02199) Headlines

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