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Plover Bay Technologies (Plover Bay Technologies) Inventory-to-Revenue : 0.42 (As of Dec. 2023)


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What is Plover Bay Technologies 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. Plover Bay Technologies's Average Total Inventories for the quarter that ended in Dec. 2023 was $20.88 Mil. Plover Bay Technologies's Revenue for the six months ended in Dec. 2023 was $49.63 Mil. Plover Bay Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.42.

Plover Bay Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.64) to Jun. 2023 (0.42)

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. Plover Bay Technologies's Days Inventory for the six months ended in Dec. 2023 was 169.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Plover Bay Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.08.


Plover Bay Technologies Inventory-to-Revenue Historical Data

The historical data trend for Plover Bay Technologies'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.

Plover Bay Technologies Inventory-to-Revenue Chart

Plover Bay Technologies 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 0.17 0.19 0.21 0.29 0.26

Plover Bay Technologies Semi-Annual Data
Dec13 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 0.42 0.57 0.64 0.64 0.42

Competitive Comparison of Plover Bay Technologies's Inventory-to-Revenue

For the Communication Equipment subindustry, Plover Bay Technologies'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.


Plover Bay Technologies's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Plover Bay Technologies's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Plover Bay Technologies's Inventory-to-Revenue falls into.



Plover Bay Technologies 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.

Plover Bay Technologies'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 )
=( (32.333 + 16.938) / 2 ) / 94.259
=24.6355 / 94.259
=0.26

Plover Bay Technologies'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 )
=( (24.826 + 16.938) / 2 ) / 49.627
=20.882 / 49.627
=0.42

* 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.


Plover Bay Technologies  (OTCPK:PBTDF) 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.

Plover Bay Technologies'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
=20.882/22.513*365 / 2
=169.28

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

Plover Bay Technologies'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 )
=22.513 / 20.882
=1.08

* 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.


Plover Bay Technologies Inventory-to-Revenue Related Terms

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Plover Bay Technologies (Plover Bay Technologies) Business Description

Traded in Other Exchanges
Address
93 King Lam Street, Unit B, 5th Floor, Dragon Industrial Building, Lai Chi Kok, Kowloon, Hong Kong, HKG
Plover Bay Technologies Ltd is an investment holding company. The Company and its subsidiaries are principally engaged in the research, design, development and marketing of Software Defined WAN (SD-WAN) routers and the provision of software licenses and warranty and support services. The Company's products and services are used by enterprise users, such as multinational companies, as well as industry users. The SD-WAN routers segment mainly offers wired and wireless routers bundled together with embedded software and firmware. The Company mainly operates its business in Hongkong, Taiwan, United States of America, Malaysia, Canada, Mexico, United Kingdom, Singapore, France, as well as Israel, among others.

Plover Bay Technologies (Plover Bay Technologies) Headlines

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