What is Sipai Health Technology 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. Sipai Health Technology Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$295 Mil. Sipai Health Technology Co's Revenue for the
six
months ended in Dec. 2023 was HK$2,487 Mil.
Sipai Health Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.
Sipai Health Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
stayed the same
from Jun. 2023 (0.12) to Jun. 2023 (0.12)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sipai Health Technology Co's Days Inventory for the
six
months ended in Dec. 2023 was 23.69.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sipai Health Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.70.
Sipai Health Technology 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.
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Sipai Health Technology Co Inventory-to-Revenue Chart
Sipai Health Technology Co Annual Data
Trend
Dec21
Dec22
Dec23
Inventory-to-Revenue
0.08
0.07
0.06
Sipai Health Technology Co Semi-Annual Data
Dec21
Jun22
Dec22
Jun23
Dec23
Inventory-to-Revenue
-
0.15
0.13
0.12
0.12
Competitive Comparison of Sipai Health Technology Co's Inventory-to-Revenue
For the Medical Distribution subindustry, Sipai Health Technology 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.
Sipai Health Technology Co's Inventory-to-Revenue Distribution in the Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Sipai Health Technology Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Sipai Health Technology Co's Inventory-to-Revenue falls into.
Sipai Health Technology 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.
Sipai Health Technology 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.
Sipai Health Technology Co (HKSE:00314) 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.
Sipai Health Technology 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.
Sipai Health Technology Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Sipai Health Technology Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Sipai Health Technology Co (HKSE:00314) Business Description
Sipai Health Technology Co Ltd is a medical technology and health management company in China. It has three reportable operating segments: Specialty Pharmacy Business - operation and distribution of specialty pharmacy stores and pharmaceutical products; Physician Research Assistance Business - offering pharmaceutical companies and other clinical trial institutions site management organization services; Health Insurance Services Business - rendering insurance brokerage services to insurance companies. The company generates key revenue from Specialty Pharmacy Business. Almost all of the company's revenues were derived from operations in the PRC.
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