What is Wealth Glory 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. Wealth Glory Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$3.40 Mil. Wealth Glory Holdings's Revenue for the
three
months ended in Sep. 2023 was HK$5.11 Mil.
Wealth Glory Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.67.
Wealth Glory Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023
increased
from Jun. 2023 (0.40) to Jun. 2023 (0.67)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Wealth Glory Holdings's Days Inventory for the
three
months ended in Sep. 2023 was 74.59.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Wealth Glory Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.22.
Wealth Glory Holdings Inventory-to-Revenue Historical Data
The historical data trend for Wealth Glory 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.
Competitive Comparison of Wealth Glory Holdings's Inventory-to-Revenue
For the Conglomerates subindustry, Wealth Glory 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.
Wealth Glory Holdings's Inventory-to-Revenue Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Wealth Glory Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Wealth Glory Holdings's Inventory-to-Revenue falls into.
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.
Wealth Glory Holdings's Inventory-to-Revenue for the fiscal year that ended in Mar. 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.
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.
Wealth Glory Holdings's Days Inventory for the
three
months ended in Sep. 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.
Wealth Glory Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Wealth Glory Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Wealth Glory Holdings (HKSE:08269) Business Description
Wealth Glory Holdings Ltd is engaged in the trading of natural resources and commodities. The company operates through four segments. The Natural resources and commodities segment is involved in the trading of natural resources and commodities, including iron ore concentrates, coal, and crude palm oil. The Money lending segment includes interest income from the money lending business. The Securities investment segment is involved in the investment in securities in Hong Kong. The Trading of Consumer Products segment is involved in the trading of trendy fashion merchandise and other consumer products. Its geographical segments are Hong Kong and China, of which the majority of its revenue comes from China. In the company's Securities Investment segment company is focuses on listed securities.
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