What is China Shun Ke Long 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. China Shun Ke Long Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$89.5 Mil. China Shun Ke Long Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$376.5 Mil.
China Shun Ke Long Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.24.
China Shun Ke Long Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.31) to Jun. 2023 (0.24)
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.
China Shun Ke Long Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 49.90.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Shun Ke Long Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.66.
China Shun Ke Long Holdings Inventory-to-Revenue Historical Data
* 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.
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China Shun Ke Long Holdings Inventory-to-Revenue Chart
Competitive Comparison of China Shun Ke Long Holdings's Inventory-to-Revenue
For the Grocery Stores subindustry, China Shun Ke Long 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.
China Shun Ke Long Holdings's Inventory-to-Revenue Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, China Shun Ke Long Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China Shun Ke Long Holdings's Inventory-to-Revenue falls into.
China Shun Ke Long 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.
China Shun Ke Long 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.
China Shun Ke Long Holdings (HKSE:00974) 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 Shun Ke Long 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.
China Shun Ke Long Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of China Shun Ke Long Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
China Shun Ke Long Holdings (HKSE:00974) Business Description
China Shun Ke Long Holdings Limited is a Hong Kong-based investment holding company principally engaged in the operation of retail outlets. The Company operates through two segments. Retail Outlet Operation segment is engaged in the operation of Shun Ke Long supermarkets and hypermarkets in Guangzhou, Foshan, Zhaoqing, and Zhuhai, among others. This segment also leases out part of its retail outlets to generate rental income. It also sells consumer goods through online shops. The wholesale Distribution segment is engaged in the wholesale distribution of goods. The Company mainly operates businesses in China and Macau.
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