What is Megain Holding (Cayman) 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. Megain Holding (Cayman) Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$37.0 Mil. Megain Holding (Cayman) Co's Revenue for the
six
months ended in Dec. 2023 was HK$93.3 Mil.
Megain Holding (Cayman) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.40.
Megain Holding (Cayman) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Jun. 2023 (0.28) to Jun. 2023 (0.40)
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.
Megain Holding (Cayman) Co's Days Inventory for the
six
months ended in Dec. 2023 was 114.27.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Megain Holding (Cayman) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.60.
Megain Holding (Cayman) Co Inventory-to-Revenue Historical Data
* 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.
Megain Holding (Cayman) Co Inventory-to-Revenue Chart
Competitive Comparison of Megain Holding (Cayman) Co's Inventory-to-Revenue
For the Computer Hardware subindustry, Megain Holding (Cayman) 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.
Megain Holding (Cayman) Co's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Megain Holding (Cayman) Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Megain Holding (Cayman) Co's Inventory-to-Revenue falls into.
Megain Holding (Cayman) 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.
Megain Holding (Cayman) Co'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.
Megain Holding (Cayman) Co (HKSE:06939) 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.
Megain Holding (Cayman) Co'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.
Megain Holding (Cayman) Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Megain Holding (Cayman) Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Megain Holding (Cayman) Co (HKSE:06939) Business Description
Megain Holding (Cayman) Co Ltd is an investment holding company engaged in the provision of research, design, development, and sales of compatible cartridge chips based in China. The company's products are the core components of compatible cartridges, which are printer consumables designed and manufactured by third-party cartridge manufacturers and include ink cartridges for use in inkjet printers and toner cartridges for use in laser printers. Its product application includes Desktop laser printers, Desktop inkjet printers, and Commercial printers. The company derives a majority of its revenue from the People's Republic of China.
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