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. XXF Group Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$163 Mil. XXF Group Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$769 Mil.
XXF Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.21.
XXF Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.27) to Jun. 2023 (0.21)
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.
XXF Group Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 56.37.
Inventory Turnover measures how fast the company turns over its inventory within a year.
XXF Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.24.
XXF Group Holdings Inventory-to-Revenue Historical Data
The historical data trend for XXF 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.
Competitive Comparison of XXF Group Holdings's Inventory-to-Revenue
For the Credit Services subindustry, XXF 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.
XXF Group Holdings's Inventory-to-Revenue Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, XXF Group Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where XXF Group Holdings's Inventory-to-Revenue falls into.
XXF 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.
XXF 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.
XXF Group Holdings (HKSE:02473) 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.
XXF 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.
XXF Group Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of XXF Group Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
XXF Group Holdings (HKSE:02473) Business Description
XXF Group Holdings Ltd is an established automobile retailer providing automobile finance lease service primarily through its self-operated sales outlets in the PRC. The Group's principal businesses comprise (i) automobile retail and finance, where it sells non-luxury automobiles mostly on direct finance lease; and (ii) automobile-related businesses, where it principally offers automobile operating lease service and other automobile-related services. It is one of the offline third-party RAFLCs among all the RAFLCs in the market.
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