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New World Department Store China (HKSE:00825) Inventory-to-Revenue : 0.20 (As of Dec. 2023)


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What is New World Department Store China 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 World Department Store China's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$78.0 Mil. New World Department Store China's Revenue for the six months ended in Dec. 2023 was HK$393.1 Mil. New World Department Store China's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

New World Department Store China's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.18) to Jun. 2023 (0.20)

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. New World Department Store China's Days Inventory for the six months ended in Dec. 2023 was 90.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. New World Department Store China's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.01.


New World Department Store China Inventory-to-Revenue Historical Data

The historical data trend for New World Department Store China'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.

New World Department Store China Inventory-to-Revenue Chart

New World Department Store China Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.06 0.06 0.08 0.10

New World Department Store China Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.15 0.22 0.24 0.18 0.20

Competitive Comparison of New World Department Store China's Inventory-to-Revenue

For the Department Stores subindustry, New World Department Store China'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 World Department Store China's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New World Department Store China's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where New World Department Store China's Inventory-to-Revenue falls into.



New World Department Store China 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 World Department Store China's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (94.606 + 79.045) / 2 ) / 882.268
=86.8255 / 882.268
=0.10

New World Department Store China's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (79.045 + 76.893) / 2 ) / 393.09
=77.969 / 393.09
=0.20

* 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 World Department Store China  (HKSE:00825) 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 World Department Store China's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=77.969/156.567*365 / 2
=90.88

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

New World Department Store China's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=156.567 / 77.969
=2.01

* 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 World Department Store China Inventory-to-Revenue Related Terms

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New World Department Store China (HKSE:00825) Business Description

Traded in Other Exchanges
Address
88 Hing Fat Street, 7th Floor, Causeway Bay, Hong Kong, HKG
New World Department Store China Ltd owns and operates department stores and shopping malls in the Peoples Republic of China. The company operates through two segments namely Department stores and Property Investment business. The company generates maximum revenue from the Department store segment. Revenue is predominantly generated in Mainland China and important operating assets of the group are in Mainland China.

New World Department Store China (HKSE:00825) Headlines

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