What is EuroEyes International Eye Clinic 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. EuroEyes International Eye Clinic's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$16.1 Mil. EuroEyes International Eye Clinic's Revenue for the
six
months ended in Dec. 2023 was HK$367.9 Mil.
EuroEyes International Eye Clinic's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.
EuroEyes International Eye Clinic's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.05) to Jun. 2023 (0.04)
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.
EuroEyes International Eye Clinic's Days Inventory for the
six
months ended in Dec. 2023 was 14.65.
Inventory Turnover measures how fast the company turns over its inventory within a year.
EuroEyes International Eye Clinic's Inventory Turnover for the quarter that ended in Dec. 2023 was 12.46.
EuroEyes International Eye Clinic 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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EuroEyes International Eye Clinic Inventory-to-Revenue Chart
Competitive Comparison of EuroEyes International Eye Clinic's Inventory-to-Revenue
For the Medical Care Facilities subindustry, EuroEyes International Eye Clinic'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.
EuroEyes International Eye Clinic's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, EuroEyes International Eye Clinic's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where EuroEyes International Eye Clinic's Inventory-to-Revenue falls into.
EuroEyes International Eye Clinic 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.
EuroEyes International Eye Clinic (HKSE:01846) 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.
EuroEyes International Eye Clinic'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.
EuroEyes International Eye Clinic Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of EuroEyes International Eye Clinic's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
EuroEyes International Eye Clinic (HKSE:01846) Business Description
EuroEyes International Eye Clinic Ltd is a laser eye surgery clinic. The firm's operating segments are the Provision of vision correction services, sales of pharmaceutical products, and Rental of ophthalmic equipment and operating spaces, Rendering of training service and Interest income. Its geographical segments are Germany, China, Denmark and UK. The Group's services include treatment of myopia, treatment of high myopia, treatment of presbyopia, and treatment of cataracts. The company generates a majority of its revenue from the provision of correction services in Germany.
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