What is China Best Group Holding 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. China Best Group Holding's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$5.2 Mil. China Best Group Holding's Revenue for the
six
months ended in Sep. 2023 was HK$106.7 Mil.
China Best Group Holding's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.05.
China Best Group Holding's Inventory-to-Revenue for the quarter that ended in Sep. 2023
increased
from Mar. 2023 (0.02) to Mar. 2023 (0.05)
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.
China Best Group Holding's Days Inventory for the
six
months ended in Sep. 2023 was 11.56.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Best Group Holding's Inventory Turnover for the quarter that ended in Sep. 2023 was 15.79.
China Best Group Holding Inventory-to-Revenue Historical Data
The historical data trend for China Best Group Holding'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.
China Best Group Holding Inventory-to-Revenue Chart
Competitive Comparison of China Best Group Holding's Inventory-to-Revenue
For the Specialty Retail subindustry, China Best Group Holding'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.
China Best Group Holding's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Best Group Holding's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China Best Group Holding's Inventory-to-Revenue falls into.
China Best Group Holding 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.
China Best Group Holding's Inventory-to-Revenue for the fiscal year that ended in Mar. 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.
China Best Group Holding (HKSE:00370) 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.
China Best Group Holding's Days Inventory for the
six
months ended in Sep. 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.
China Best Group Holding Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of China Best Group Holding's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
China Best Group Holding (HKSE:00370) Business Description
China Best Group Holding Ltd is a China-based company having various business segments. Trading of goods including radio systems and electronic appliances which is the key revenue driver; Finance leasing of plant and machinery; Money lending; Securities and futures brokerage segment engages in securities and futures dealing services in Hong Kong; International air and sea freight forwarding and logistic services to customers in Singapore and the USA; Securities trading of equity securities and dividend income from held for trading investments; Property investment for rental income and capital appreciation in PRC; Building architecture and interior design services; Property brokerage and agency service,Geothermal energy, Customised technical support segment and Centralised heating segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00370 has been successfully added to your 