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. LX Technology Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$95 Mil. LX Technology Group's Revenue for the
six
months ended in Dec. 2023 was HK$1,062 Mil.
LX Technology Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.
LX Technology Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.11) to Jun. 2023 (0.09)
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.
LX Technology Group's Days Inventory for the
six
months ended in Dec. 2023 was 17.76.
Inventory Turnover measures how fast the company turns over its inventory within a year.
LX Technology Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.28.
LX Technology Group Inventory-to-Revenue Historical Data
The historical data trend for LX Technology 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 LX Technology Group's Inventory-to-Revenue
For the Computer Hardware subindustry, LX Technology 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.
LX Technology Group's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, LX Technology Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where LX Technology Group's Inventory-to-Revenue falls into.
LX Technology 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.
LX Technology Group's Inventory-to-Revenue for the fiscal year that 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.
LX Technology Group (HKSE:02436) 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.
LX Technology Group'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.
LX Technology Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of LX Technology Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
LX Technology Group (HKSE:02436) Business Description
LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The segments of the company are the Device recycling business and Device subscription services, from which the company earns maximum revenue from the Device recycling business.
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