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Robosense Technology Co (HKSE:02498) Inventory-to-Revenue : 0.30 (As of Dec. 2023)


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What is Robosense Technology 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. Robosense Technology Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$258 Mil. Robosense Technology Co's Revenue for the six months ended in Dec. 2023 was HK$865 Mil. Robosense Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.

Robosense Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.86) to Jun. 2023 (0.30)

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. Robosense Technology Co's Days Inventory for the six months ended in Dec. 2023 was 60.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Robosense Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.01.


Robosense Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Robosense Technology 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.

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Robosense Technology Co Inventory-to-Revenue Chart

Robosense Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.31 0.29 0.42 0.22

Robosense Technology Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial - 0.61 0.99 0.86 0.30

Competitive Comparison of Robosense Technology Co's Inventory-to-Revenue

For the Computer Hardware subindustry, Robosense Technology 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.


Robosense Technology Co's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Robosense Technology Co's Inventory-to-Revenue distribution charts can be found below:

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



Robosense Technology 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.

Robosense Technology 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 )
=( (322.829 + 217.893) / 2 ) / 1225.195
=270.361 / 1225.195
=0.22

Robosense Technology 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 )
=( (297.541 + 217.893) / 2 ) / 865.29
=257.717 / 865.29
=0.30

* 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.


Robosense Technology Co  (HKSE:02498) 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.

Robosense Technology 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
=257.717/776.816*365 / 2
=60.55

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

Robosense Technology 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 )
=776.816 / 257.717
=3.01

* 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.


Robosense Technology Co Inventory-to-Revenue Related Terms

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Robosense Technology Co (HKSE:02498) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Building 9, Zhongguan Honghualing Industry, Southern District 1213 Liuxian Avenue, Taoyuan Street Nanshan District, Shenzhen, CHN
Robosense Technology Co Ltd is a company whose business is focused on full-stack systems incorporate LiDAR sensors, proprietary system on a chip and cutting-edge perception software. By integrating hardware and software, They have differentiated themselves from most LiDAR companies in the market who only focus on hardware. Combined with visual or other sensors, LiDAR forms perception solutions that endow automobiles and robots with perception capabilities. They develop our solutions based on chipdriven LiDAR hardware and AI perception software, expanding application scenarios and realizing large-scale commercialization in the industry.
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Zhu Xiaorui 2103 Interests held jointly with another person

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