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Xingda International Holdings (HKSE:01899) Inventory-to-Revenue : 0.17 (As of Dec. 2023)


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What is Xingda International 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. Xingda International Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$1,142 Mil. Xingda International Holdings's Revenue for the six months ended in Dec. 2023 was HK$6,642 Mil. Xingda International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

Xingda International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.22) to Jun. 2023 (0.17)

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. Xingda International Holdings's Days Inventory for the six months ended in Dec. 2023 was 38.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xingda International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.69.


Xingda International Holdings Inventory-to-Revenue Historical Data

The historical data trend for Xingda International 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.

* Premium members only.

Xingda International Holdings Inventory-to-Revenue Chart

Xingda International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.10 0.12 0.09

Xingda International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.28 0.28 0.22 0.17

Competitive Comparison of Xingda International Holdings's Inventory-to-Revenue

For the Auto Parts subindustry, Xingda International 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.


Xingda International Holdings's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Xingda International Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Xingda International Holdings's Inventory-to-Revenue falls into.



Xingda International 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.

Xingda International Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (1319.029 + 988.386) / 2 ) / 12568.035
=1153.7075 / 12568.035
=0.09

Xingda International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (1296.098 + 988.386) / 2 ) / 6641.853
=1142.242 / 6641.853
=0.17

* 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.


Xingda International Holdings  (HKSE:01899) 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.

Xingda International Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=1142.242/5358.604*365 / 2
=38.90

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Xingda International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=5358.604 / 1142.242
=4.69

* 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.


Xingda International Holdings Inventory-to-Revenue Related Terms

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Xingda International Holdings (HKSE:01899) Business Description

Traded in Other Exchanges
Address
Yunling Road (East), Lane 599, 6th Floor, No. 20, Putuo District, Shanghai, CHN, 200062
Xingda International Holdings Ltd is an investment holding company engaged in manufacturing and trading Radial tire cords, Bead wires, and other wires. Its products cover Rubber reinforcement materials and Precision sawing wires, such as Steel cord, Tyre bead wires, and High-pressure hose wire. The company derives key revenue from the sale of Radial tire cords for trucks. The majority of its revenue is earned in the PRC.
Executives
Liu Jinlan 2501 Other
Zhao Yue 2201 Interest of corporation controlled by you
Super Auspicious Inc. 2101 Beneficial owner
Always Blooming Holdings Limited 2201 Interest of corporation controlled by you
Wise Creative Limited 2101 Beneficial owner
Widen Success Holdings Limited 2501 Other
Liu Tao 2501 Other
In-plus Limited 2501 Other
Great Trade Limited 2501 Other
Hang Youming 2501 Other
Liu Xiang 2501 Other
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Qing Dao Jian Xin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you

Xingda International Holdings (HKSE:01899) Headlines

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