HK Electric Investments and HK Electric Investments (HKSE:02638) Inventory-to-Revenue : 0.18 (As of Dec. 2023)

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What is HK Electric Investments and HK Electric Investments 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. HK Electric Investments and HK Electric Investments's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$1,110 Mil. HK Electric Investments and HK Electric Investments's Revenue for the six months ended in Dec. 2023 was HK$6,177 Mil. HK Electric Investments and HK Electric Investments's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

HK Electric Investments and HK Electric Investments's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.26) to Jun. 2023 (0.18)

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. HK Electric Investments and HK Electric Investments's Days Inventory for the six months ended in Dec. 2023 was 70.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. HK Electric Investments and HK Electric Investments's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.59.

HK Electric Investments and HK Electric Investments Inventory-to-Revenue Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments'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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HK Electric Investments and HK Electric Investments Inventory-to-Revenue Chart

HK Electric Investments and HK Electric Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.08

0.07

0.11

HK Electric Investments and HK Electric Investments Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.14	0.27	0.27	0.26	0.18

Competitive Comparison of HK Electric Investments and HK Electric Investments's Inventory-to-Revenue

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.

HK Electric Investments and HK Electric Investments's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's Inventory-to-Revenue falls into.

HK Electric Investments and HK Electric Investments Inventory-to-Revenue Calculation

HK Electric Investments and HK Electric Investments'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 )
=	( (1446	+	1003)	/	2 )	/	11406
=	1224.5					/	11406
=	0.11

HK Electric Investments and HK Electric Investments'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 )
=	( (1216	+	1003)	/	2 )	/	6177
=	1109.5					/	6177
=	0.18

HK Electric Investments and HK Electric Investments (HKSE:02638) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

HK Electric Investments and HK Electric Investments'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
	=	1109.5	/	2879	*	365 / 2
	=	70.33

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

HK Electric Investments and HK Electric Investments'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 )
	=	2879	/	1109.5
	=	2.59

HK Electric Investments and HK Electric Investments Inventory-to-Revenue Related Terms

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HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » HK Electric Investments and HK Electric Investments Ltd (HKSE:02638) » Definitions » Inventory-to-Revenue

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HKVTY:USA HKCVF:USA HKT:Germany

Address

44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG

Website

https://www.hkelectric.com

HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

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