What is New Focus Auto Tech 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. New Focus Auto Tech Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$104.1 Mil. New Focus Auto Tech Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$327.3 Mil.
New Focus Auto Tech Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.
New Focus Auto Tech Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.44) to Jun. 2023 (0.32)
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.
New Focus Auto Tech Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 70.17.
Inventory Turnover measures how fast the company turns over its inventory within a year.
New Focus Auto Tech Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.60.
New Focus Auto Tech Holdings 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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New Focus Auto Tech Holdings Inventory-to-Revenue Chart
Competitive Comparison of New Focus Auto Tech Holdings's Inventory-to-Revenue
For the Auto Parts subindustry, New Focus Auto Tech 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.
New Focus Auto Tech Holdings's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, New Focus Auto Tech Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where New Focus Auto Tech Holdings's Inventory-to-Revenue falls into.
New Focus Auto Tech 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.
New Focus Auto Tech Holdings'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.
New Focus Auto Tech Holdings (HKSE:00360) 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.
New Focus Auto Tech Holdings'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.
New Focus Auto Tech Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of New Focus Auto Tech Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
New Focus Auto Tech Holdings (HKSE:00360) Business Description
New Focus Auto Tech Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the manufacture and sale of electronic and power-related automotive parts and accessories and operating the 4S dealership stores and related business. Its segments include Manufacturing and trading Business and Automobile Dealership and Service Business. The firm generates a majority of its revenue from the Manufacturing Business segment engaged in the manufacture and sale of automobile accessories. Geographically, the company operates in America, Europe, Asia Pacific, and the People's Republic of China.
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