GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Garden Services Holdings Co Ltd (HKSE:06098) » Definitions » Inventory-to-Revenue

Country Garden Services Holdings Co (HKSE:06098) Inventory-to-Revenue : 0.02 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Country Garden Services Holdings 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. Country Garden Services Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$458 Mil. Country Garden Services Holdings Co's Revenue for the six months ended in Dec. 2023 was HK$23,930 Mil. Country Garden Services Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Country Garden Services Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.01) to Jun. 2023 (0.02)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Country Garden Services Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 4.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Country Garden Services Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 43.74.


Country Garden Services Holdings Co Inventory-to-Revenue Historical Data

The historical data trend for Country Garden Services Holdings 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.

Country Garden Services Holdings Co Inventory-to-Revenue Chart

Country Garden Services Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only - 0.01 0.01 0.01 0.01

Country Garden Services Holdings Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.02

Competitive Comparison of Country Garden Services Holdings Co's Inventory-to-Revenue

For the Real Estate Services subindustry, Country Garden Services Holdings 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.


Country Garden Services Holdings Co's Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Garden Services Holdings Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Country Garden Services Holdings Co's Inventory-to-Revenue falls into.



Country Garden Services Holdings 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.

Country Garden Services Holdings 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 )
=( (302.359 + 564.68) / 2 ) / 46607.571
=433.5195 / 46607.571
=0.01

Country Garden Services Holdings 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 )
=( (350.68 + 564.68) / 2 ) / 23930.108
=457.68 / 23930.108
=0.02

* 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.


Country Garden Services Holdings Co  (HKSE:06098) 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.

Country Garden Services Holdings 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
=457.68/20020.645*365 / 2
=4.17

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

Country Garden Services Holdings 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 )
=20020.645 / 457.68
=43.74

* 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.


Country Garden Services Holdings Co Inventory-to-Revenue Related Terms

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


Country Garden Services Holdings Co (HKSE:06098) Business Description

Traded in Other Exchanges
Address
West Building of Country Garden Office, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312
Country Garden Services was listed on the Hong Kong Stock Exchange in June 2018 as a spinoff via introduction by sister developer Country Garden Holdings. As of June 2022, Yang Huiyan, chairperson of CGH, was also the largest shareholder of CGS with 43% ownership. CGS was the top residential property management firm in China in revenue and gross floor area under management for 2022. This is mainly ascribed to scalable projects contributed by CGH and rising acquisitions of third-party property management peers. In addition, CGS provides value-added services to developers and homeowners, and city services on public space sanitation and greening.

Country Garden Services Holdings Co (HKSE:06098) Headlines

No Headlines