What is Xiamen Yan Palace Birds Nest Industry Co 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. Xiamen Yan Palace Birds Nest Industry Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$349 Mil. Xiamen Yan Palace Birds Nest Industry Co's Revenue for the
six
months ended in Dec. 2023 was HK$2,148 Mil.
Xiamen Yan Palace Birds Nest Industry Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.
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.
Xiamen Yan Palace Birds Nest Industry Co's Days Inventory for the
six
months ended in Dec. 2023 was 60.05.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Xiamen Yan Palace Birds Nest Industry Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.04.
Xiamen Yan Palace Birds Nest Industry Co 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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Xiamen Yan Palace Birds Nest Industry Co Inventory-to-Revenue Chart
Xiamen Yan Palace Birds Nest Industry Co Annual Data
Trend
Dec20
Dec21
Dec22
Dec23
Inventory-to-Revenue
0.21
0.18
0.17
0.16
Xiamen Yan Palace Birds Nest Industry Co Semi-Annual Data
Dec20
Dec21
Dec22
Dec23
Inventory-to-Revenue
0.21
0.18
0.17
0.16
Competitive Comparison of Xiamen Yan Palace Birds Nest Industry Co's Inventory-to-Revenue
For the Packaged Foods subindustry, Xiamen Yan Palace Birds Nest Industry Co'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.
Xiamen Yan Palace Birds Nest Industry Co's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Xiamen Yan Palace Birds Nest Industry Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Xiamen Yan Palace Birds Nest Industry Co's Inventory-to-Revenue falls into.
Xiamen Yan Palace Birds Nest Industry Co 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.
* 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.
Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) 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.
Xiamen Yan Palace Birds Nest Industry Co'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.
Xiamen Yan Palace Birds Nest Industry Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Xiamen Yan Palace Birds Nest Industry Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Business Description
Xiamen Yan Palace Birds Nest Industry Co Ltd is engaged in the development, production, and marketing of Edible bird's nest (EBN) products. It is a natural health delicacy product with various perceived health benefits and nutritional value. Its product includes One Nest, Freshly Stewed Bird's Nest, Crystal Sugar Bird's Nest, and Dried EBN.
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