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. Wang On Group's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$4,325 Mil. Wang On Group's Revenue for the
six
months ended in Sep. 2023 was HK$1,136 Mil.
Wang On Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 3.81.
Wang On Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023
increased
from Mar. 2023 (2.78) to Mar. 2023 (3.81)
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.
Wang On Group's Days Inventory for the
six
months ended in Sep. 2023 was 1,125.33.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Wang On Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.16.
Wang On Group Inventory-to-Revenue Historical Data
The historical data trend for Wang On Group'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 Wang On Group's Inventory-to-Revenue
For the Conglomerates subindustry, Wang On Group'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.
Wang On Group's Inventory-to-Revenue Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Wang On Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Wang On Group's Inventory-to-Revenue falls into.
Wang On Group 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.
Wang On Group's Inventory-to-Revenue for the fiscal year that ended in Mar. 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.
Wang On Group (HKSE:01222) 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.
Wang On Group's Days Inventory for the
six
months ended in Sep. 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.
Wang On Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Wang On Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Wang On Group Ltd is an investment holding company engaged in property development businesses. It operates in five business segments. The Property Development segment is engaged in the development of properties. The Property Investment segment is engaged in investment in industrial and commercial premises and residential units for rental or for sale. The Fresh markets segment is engaged in the management and sub-licensing of fresh markets and butchery business. The Pharmaceutical segment engages in the production and sale of pharmaceutical and health food products. The Treasury management segment engages in the provision of finance and investments in debt and other securities which earn interest income.
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