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. Shin Hwa World's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$534 Mil. Shin Hwa World's Revenue for the
six
months ended in Dec. 2023 was HK$618 Mil.
Shin Hwa World's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.86.
Shin Hwa World's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (1.42) to Jun. 2023 (0.86)
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.
Shin Hwa World's Days Inventory for the
six
months ended in Dec. 2023 was 164.99.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shin Hwa World's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.11.
Shin Hwa World Inventory-to-Revenue Historical Data
The historical data trend for Shin Hwa World'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 Shin Hwa World's Inventory-to-Revenue
For the Resorts & Casinos subindustry, Shin Hwa World'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.
Shin Hwa World's Inventory-to-Revenue Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Shin Hwa World's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shin Hwa World's Inventory-to-Revenue falls into.
Shin Hwa World 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.
Shin Hwa World'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.
Shin Hwa World (HKSE:00582) 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.
Shin Hwa World'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.
Shin Hwa World Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shin Hwa World's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shin Hwa World Ltd is an investment holding company. The company's operating segment includes Integrated Resort Development, Gaming Business, and Property Development. It generates maximum revenue from the Integrated Resort Development segment, which develops and operates integrated leisure and entertainment resorts. Geographically, it derives revenue from South Korea.
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