What is China Jicheng 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 Jicheng Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$131.6 Mil. China Jicheng Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$149.6 Mil.
China Jicheng Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.88.
China Jicheng Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Jun. 2023 (0.83) to Jun. 2023 (0.88)
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.
China Jicheng Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 172.29.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Jicheng Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.06.
China Jicheng Holdings Inventory-to-Revenue Historical Data
The historical data trend for China Jicheng 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 China Jicheng Holdings's Inventory-to-Revenue
For the Footwear & Accessories subindustry, China Jicheng 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 Jicheng Holdings's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Jicheng Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China Jicheng Holdings's Inventory-to-Revenue falls into.
China Jicheng 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 Jicheng 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 Jicheng Holdings (HKSE:01027) 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 Jicheng 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 Jicheng Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of China Jicheng Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
China Jicheng Holdings (HKSE:01027) Business Description
China Jicheng Holdings Ltd is an umbrella and parts manufacturing company. It manufactures and sells POE umbrellas, nylon umbrellas and umbrella parts such as plastic cloth and shaft. It exports its POE umbrellas, nylon umbrellas and umbrella parts to markets such as Japan, Hong Kong, South Korea, Taiwan, France, and Cambodia. The company generates the majority of revenues from Cambodia.
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