GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Deewin Tianxia Co Ltd (HKSE:02418) » Definitions » Inventory-to-Revenue

Deewin Tianxia Co (HKSE:02418) Inventory-to-Revenue : 0.04 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Deewin Tianxia 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. Deewin Tianxia Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$75 Mil. Deewin Tianxia Co's Revenue for the six months ended in Dec. 2023 was HK$1,752 Mil. Deewin Tianxia Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Deewin Tianxia Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.07) to Jun. 2023 (0.04)

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. Deewin Tianxia Co's Days Inventory for the six months ended in Dec. 2023 was 9.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Deewin Tianxia Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 19.63.


Deewin Tianxia Co Inventory-to-Revenue Historical Data

The historical data trend for Deewin Tianxia Co'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.

Deewin Tianxia Co Inventory-to-Revenue Chart

Deewin Tianxia Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.03 0.03 0.04 0.06 0.03

Deewin Tianxia Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial 0.15 0.12 0.10 0.07 0.04

Competitive Comparison of Deewin Tianxia Co's Inventory-to-Revenue

For the Auto & Truck Dealerships subindustry, Deewin Tianxia 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.


Deewin Tianxia Co's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Deewin Tianxia Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Deewin Tianxia Co's Inventory-to-Revenue falls into.



Deewin Tianxia 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.

Deewin Tianxia Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (126.41 + 48.014) / 2 ) / 3411.974
=87.212 / 3411.974
=0.03

Deewin Tianxia Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (101.471 + 48.014) / 2 ) / 1751.528
=74.7425 / 1751.528
=0.04

* 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.


Deewin Tianxia Co  (HKSE:02418) 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.

Deewin Tianxia Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=74.7425/1466.903*365 / 2
=9.30

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

Deewin Tianxia Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1466.903 / 74.7425
=19.63

* 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.


Deewin Tianxia Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Deewin Tianxia Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Deewin Tianxia Co (HKSE:02418) Business Description

Traded in Other Exchanges
N/A
Address
29 West Section of Xijin Road, Building 1, Jingwei Centre, 16th Floor, Unit 1, Economic and Technological Development Zone, Jingwei New City, Shaanxi, Xi’an, CHN
Deewin Tianxia Co Ltd is principally engaged in the business of logistics and supply chain service including supply chain business, automobile sales business and aftermarket product business, supply chain financial service including financial leasing business, factoring business and insurance brokerage business, and internet of vehicle and data service in China to players along the commercial automobile industry chain. Commercial automobiles, mainly include trucks, pickups, trailers, buses and lorries.

Deewin Tianxia Co (HKSE:02418) Headlines

No Headlines