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Daisho Microline Holdings (HKSE:00567) Inventory-to-Revenue : 0.34 (As of Sep. 2023)


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What is Daisho Microline 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. Daisho Microline Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$12.79 Mil. Daisho Microline Holdings's Revenue for the six months ended in Sep. 2023 was HK$37.29 Mil. Daisho Microline Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.34.

Daisho Microline Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (0.29) to Mar. 2023 (0.34)

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. Daisho Microline Holdings's Days Inventory for the six months ended in Sep. 2023 was 79.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daisho Microline Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.29.


Daisho Microline Holdings Inventory-to-Revenue Historical Data

The historical data trend for Daisho Microline 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.

* Premium members only.

Daisho Microline Holdings Inventory-to-Revenue Chart

Daisho Microline Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.09 0.10 0.14

Daisho Microline Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.31 0.26 0.19 0.29 0.34

Competitive Comparison of Daisho Microline Holdings's Inventory-to-Revenue

For the Packaging & Containers subindustry, Daisho Microline 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.


Daisho Microline Holdings's Inventory-to-Revenue Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Daisho Microline Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Daisho Microline Holdings's Inventory-to-Revenue falls into.



Daisho Microline 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.

Daisho Microline Holdings's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (10.209 + 13.112) / 2 ) / 83.758
=11.6605 / 83.758
=0.14

Daisho Microline Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (13.112 + 12.461) / 2 ) / 37.288
=12.7865 / 37.288
=0.34

* 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.


Daisho Microline Holdings  (HKSE:00567) 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.

Daisho Microline Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=12.7865/29.224*365 / 2
=79.85

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

Daisho Microline Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=29.224 / 12.7865
=2.29

* 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.


Daisho Microline Holdings Inventory-to-Revenue Related Terms

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Daisho Microline Holdings (HKSE:00567) Business Description

Traded in Other Exchanges
N/A
Address
33 Lee Chung Street, Unit A, 10th Floor, Fook Hing Industrial Building, Chai Wan, Hong Kong, HKG
Daisho Microline Holdings Ltd is an investment holding company. The company's segment includes the Manufacturing and trading of printed circuit boards; and the Manufacturing and trading of printing and packaging products. The company generates maximum revenue from the Manufacturing and trading of printing and packaging products segment.
Executives
Ng Man Chan 2101 Beneficial owner
Li Mi Lai 2202 Interest of your spouse
Ng Man Chan 2103 Interests held jointly with another person
Chu Yuet Wah 2201 Interest of corporation controlled by you
Spring Global Enterprises Limited 2101 Beneficial owner
Cheung Ling Mun 2101 Beneficial owner
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Apact Consultancy (hong Kong) Company Limited 2102 Investment manager
Cheung Lai Ming 2101 Beneficial owner
Cheung Lai Na 2301 Trustee

Daisho Microline Holdings (HKSE:00567) Headlines

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