What is China Glass 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. China Glass Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$1,247 Mil. China Glass Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$3,501 Mil.
China Glass Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.
China Glass Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.57) to Jun. 2023 (0.36)
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.
China Glass Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 69.17.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Glass Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.64.
China Glass Holdings Inventory-to-Revenue Historical Data
The historical data trend for China Glass 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 China Glass Holdings's Inventory-to-Revenue
For the Building Materials subindustry, China Glass 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.
China Glass Holdings's Inventory-to-Revenue Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, China Glass Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China Glass Holdings's Inventory-to-Revenue falls into.
China Glass 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.
China Glass 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.
China Glass Holdings (HKSE:03300) 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.
China Glass 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.
China Glass Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of China Glass Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
China Glass Holdings (HKSE:03300) Business Description
China Glass Holdings Ltd is engaged in the production, marketing, and distribution of float glass, reflective glass, and other glass products. It has five business segments, Clear glass products; Painted glass products; Coated glass products; Energy saving and new energy glass products, such as ultra clear glass, low emission coated glass and photovoltaic battery module products; and Designing and installation services of pharmaceutical glass production lines. Geographically, the company has operations in Mainland China, Hong Kong, the Middle East, Nigeria, Italy, Kazakhstan and other countries. It generates a majority of its revenues from the Clear glass products segment.
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