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. FIT Hon Teng's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$6,233 Mil. FIT Hon Teng's Revenue for the
six
months ended in Dec. 2023 was HK$18,833 Mil.
FIT Hon Teng's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.
FIT Hon Teng's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.49) to Jun. 2023 (0.33)
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.
FIT Hon Teng's Days Inventory for the
six
months ended in Dec. 2023 was 77.17.
Inventory Turnover measures how fast the company turns over its inventory within a year.
FIT Hon Teng's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.36.
FIT Hon Teng Inventory-to-Revenue Historical Data
The historical data trend for FIT Hon Teng'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 FIT Hon Teng's Inventory-to-Revenue
For the Electronic Components subindustry, FIT Hon Teng'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.
FIT Hon Teng's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, FIT Hon Teng's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where FIT Hon Teng's Inventory-to-Revenue falls into.
FIT Hon Teng 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.
FIT Hon Teng'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.
FIT Hon Teng (HKSE:06088) 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.
FIT Hon Teng'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.
FIT Hon Teng Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of FIT Hon Teng's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
FIT Hon Teng Ltd is a manufacturer of electronic components. It focuses on the development, manufacturing, and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables, and modules for applications in computers, communication equipment, consumer electronics, automobiles, and industrial and green energy field products. Geographically, the group has a business presence in the U.S., the PRC, Taiwan, Hong Kong, the United Kingdom, Singapore, Malaysia, and other countries, of which a majority of revenue is derived from the U.S. Its operating segments are Intermediate products and Consumer products.
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