What is Hing Lee (HK) 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. Hing Lee (HK) Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$5.72 Mil. Hing Lee (HK) Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$57.22 Mil.
Hing Lee (HK) Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.
Hing Lee (HK) Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.17) to Jun. 2023 (0.10)
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.
Hing Lee (HK) Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 22.94.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hing Lee (HK) Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.96.
Hing Lee (HK) Holdings Inventory-to-Revenue Historical Data
The historical data trend for Hing Lee (HK) 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.
Competitive Comparison of Hing Lee (HK) Holdings's Inventory-to-Revenue
For the Furnishings, Fixtures & Appliances subindustry, Hing Lee (HK) 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.
Hing Lee (HK) Holdings's Inventory-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hing Lee (HK) Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Hing Lee (HK) Holdings's Inventory-to-Revenue falls into.
Hing Lee (HK) 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.
Hing Lee (HK) 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.
Hing Lee (HK) Holdings (HKSE:00396) 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.
Hing Lee (HK) 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.
Hing Lee (HK) Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Hing Lee (HK) Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Hing Lee (HK) Holdings (HKSE:00396) Business Description
Hing Lee (Hk) Holdings Ltd is an investment holding company principally engaged in the furniture business. The Company is engaged in the design, manufacture, sale and marketing of residential furniture products, mainly including wooden furniture, sofas, and mattresses. The Company is also engaged in the provision of layout design and decoration services, marketing services related to product display, and licensing of its own brand and product designs.
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