GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tsim Sha Tsui Properties Ltd (HKSE:00247) » Definitions » Inventory-to-Revenue

Tsim Sha Tsui Properties (HKSE:00247) Inventory-to-Revenue : 3.19 (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Tsim Sha Tsui Properties 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. Tsim Sha Tsui Properties's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$15,777 Mil. Tsim Sha Tsui Properties's Revenue for the six months ended in Dec. 2023 was HK$4,949 Mil. Tsim Sha Tsui Properties's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.19.

Tsim Sha Tsui Properties's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (2.96) to Jun. 2023 (3.19)

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. Tsim Sha Tsui Properties's Days Inventory for the six months ended in Dec. 2023 was 950.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tsim Sha Tsui Properties's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.19.


Tsim Sha Tsui Properties Inventory-to-Revenue Historical Data

The historical data trend for Tsim Sha Tsui Properties'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.

Tsim Sha Tsui Properties Inventory-to-Revenue Chart

Tsim Sha Tsui Properties Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.40 4.95 1.10 1.40 1.55

Tsim Sha Tsui Properties 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 2.01 4.38 2.87 2.96 3.19

Competitive Comparison of Tsim Sha Tsui Properties's Inventory-to-Revenue

For the Real Estate - Development subindustry, Tsim Sha Tsui Properties'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.


Tsim Sha Tsui Properties's Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tsim Sha Tsui Properties's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tsim Sha Tsui Properties's Inventory-to-Revenue falls into.



Tsim Sha Tsui Properties 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.

Tsim Sha Tsui Properties's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (20481.14 + 16483.246) / 2 ) / 11928.929
=18482.193 / 11928.929
=1.55

Tsim Sha Tsui Properties'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 )
=( (16483.246 + 15070.052) / 2 ) / 4948.752
=15776.649 / 4948.752
=3.19

* 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.


Tsim Sha Tsui Properties  (HKSE:00247) 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.

Tsim Sha Tsui Properties'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
=15776.649/3027.866*365 / 2
=950.91

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

Tsim Sha Tsui Properties'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 )
=3027.866 / 15776.649
=0.19

* 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.


Tsim Sha Tsui Properties Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Tsim Sha Tsui Properties's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Tsim Sha Tsui Properties (HKSE:00247) Business Description

Traded in Other Exchanges
N/A
Address
Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Tsim Sha Tsui Properties Ltd is in the business of developing properties for sale and investment. The firm's portfolio consists of residential properties, offices, industrial buildings, and Shopping malls. It also provides property services such as property management, car park management, cleaning, environmental services, security services, etc. The company has Property sales, property rental, Property management, and Other services, Hotel operations, Investments in securities, and Financing operating segments. It generates maximum revenue from the Property sales segment.
Executives
Ng Chee Siong 2304 Executor or administrator
Fanlight Investment Limited 2101 Beneficial owner
Ng Chee Tat, Philip 2304 Executor or administrator
Tamworth Investment Limited 2101 Beneficial owner

Tsim Sha Tsui Properties (HKSE:00247) Headlines

No Headlines