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Shun Tak Holdings (HKSE:00242) Inventory-to-Revenue : 3.76 (As of Dec. 2023)


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What is Shun Tak 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. Shun Tak Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$9,670 Mil. Shun Tak Holdings's Revenue for the six months ended in Dec. 2023 was HK$2,573 Mil. Shun Tak Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.76.

Shun Tak Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (7.05) to Jun. 2023 (3.76)

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. Shun Tak Holdings's Days Inventory for the six months ended in Dec. 2023 was 1,202.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shun Tak Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.15.


Shun Tak Holdings Inventory-to-Revenue Historical Data

The historical data trend for Shun Tak 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.

* Premium members only.

Shun Tak Holdings Inventory-to-Revenue Chart

Shun Tak Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 2.99 2.76 3.62 2.75

Shun Tak Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.71 5.89 6.58 7.05 3.76

Competitive Comparison of Shun Tak Holdings's Inventory-to-Revenue

For the Real Estate - Diversified subindustry, Shun Tak 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.


Shun Tak Holdings's Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shun Tak Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shun Tak Holdings's Inventory-to-Revenue falls into.



Shun Tak 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.

Shun Tak Holdings'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 )
=( (12040.001 + 10302.823) / 2 ) / 4068.138
=11171.412 / 4068.138
=2.75

Shun Tak Holdings'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 )
=( (9036.322 + 10302.823) / 2 ) / 2572.99
=9669.5725 / 2572.99
=3.76

* 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.


Shun Tak Holdings  (HKSE:00242) 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.

Shun Tak Holdings'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
=9669.5725/1467.855*365 / 2
=1,202.23

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

Shun Tak Holdings'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 )
=1467.855 / 9669.5725
=0.15

* 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.


Shun Tak Holdings Inventory-to-Revenue Related Terms

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Shun Tak Holdings (HKSE:00242) Business Description

Traded in Other Exchanges
Address
200 Connaught Road Central, Penthouse 39th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG
Shun Tak Holdings Ltd is a provider of multiple lines of services predominantly in Macau. Its main business is that of property development, contributing the majority of its revenue. Shun Tak's property segment covers commercial, residential, and retail property spaces. It operates through the following business segments: Property, Transportation, Hospitality, and Investment. The Property segment includes property development and sales, leasing, and management services. The Transportation segment provides passenger transportation services. The Hospitality segment performs hotel operations, hotel management, and travel agency services. The Investment segment involves investment holding and others.
Executives
Ho Chiu King Pansy Catilina 2101 Beneficial owner
Ho Chiu Fung, Daisy 2101 Beneficial owner
Classic Time Developments Limited 2101 Beneficial owner

Shun Tak Holdings (HKSE:00242) Headlines

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