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Tokyo Chuo Auction Holdings (HKSE:01939) Inventory-to-Revenue : 3.98 (As of Sep. 2023)


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What is Tokyo Chuo Auction 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. Tokyo Chuo Auction Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$128.17 Mil. Tokyo Chuo Auction Holdings's Revenue for the six months ended in Sep. 2023 was HK$32.19 Mil. Tokyo Chuo Auction Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 3.98.

Tokyo Chuo Auction Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (4.74) to Mar. 2023 (3.98)

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. Tokyo Chuo Auction Holdings's Days Inventory for the six months ended in Sep. 2023 was 8,686.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tokyo Chuo Auction Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.02.


Tokyo Chuo Auction Holdings Inventory-to-Revenue Historical Data

The historical data trend for Tokyo Chuo Auction 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.

Tokyo Chuo Auction Holdings Inventory-to-Revenue Chart

Tokyo Chuo Auction Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.13 0.35 1.00 1.54 1.83

Tokyo Chuo Auction Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.31 3.85 2.93 4.74 3.98

Competitive Comparison of Tokyo Chuo Auction Holdings's Inventory-to-Revenue

For the Specialty Retail subindustry, Tokyo Chuo Auction 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.


Tokyo Chuo Auction Holdings's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tokyo Chuo Auction Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tokyo Chuo Auction Holdings's Inventory-to-Revenue falls into.



Tokyo Chuo Auction 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.

Tokyo Chuo Auction Holdings's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (136.624 + 129.248) / 2 ) / 72.762
=132.936 / 72.762
=1.83

Tokyo Chuo Auction Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (129.248 + 127.101) / 2 ) / 32.194
=128.1745 / 32.194
=3.98

* 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.


Tokyo Chuo Auction Holdings  (HKSE:01939) 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.

Tokyo Chuo Auction Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=128.1745/2.693*365 / 2
=8,686.17

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

Tokyo Chuo Auction Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=2.693 / 128.1745
=0.02

* 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.


Tokyo Chuo Auction Holdings Inventory-to-Revenue Related Terms

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Tokyo Chuo Auction Holdings (HKSE:01939) Business Description

Traded in Other Exchanges
N/A
Address
3-7-5 Kyobashi, Chou-Ku, 2nd and 3rd Floor, Kyobashi Square, Tokyo, JPN, 104-0031
Tokyo Chuo Auction Holdings Ltd is an investment holding company. The company's operating segment includes the Operation of art auction and related business and Artwork sales. The company is in auctioneering a wide variety of artworks with emphasis on Chinese and Japanese artworks, including Chinese paintings and calligraphies, Chinese antiques and Japanese and Chinese teawares. It generates maximum revenue from the Operation of art auction and related business and Artwork sales segment. Geographically, it derives a majority of revenue from Japan.
Executives
Ando Eri 2202 Interest of your spouse
Ando Shokei 2101 Beneficial owner

Tokyo Chuo Auction Holdings (HKSE:01939) Headlines

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