What is Shenzhen Wongtee International Enterprise Co 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. Shenzhen Wongtee International Enterprise Co's Average Total Inventories for the quarter that ended in Mar. 2024 was HK$102 Mil. Shenzhen Wongtee International Enterprise Co's Revenue for the
three
months ended in Mar. 2024 was HK$201 Mil.
Shenzhen Wongtee International Enterprise Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.
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.
Shenzhen Wongtee International Enterprise Co's Days Inventory for the
three
months ended in Mar. 2024 was 117.44.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shenzhen Wongtee International Enterprise Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.78.
Shenzhen Wongtee International Enterprise Co Inventory-to-Revenue Historical Data
* 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.
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Shenzhen Wongtee International Enterprise Co Inventory-to-Revenue Chart
Shenzhen Wongtee International Enterprise Co Annual Data
Competitive Comparison of Shenzhen Wongtee International Enterprise Co's Inventory-to-Revenue
For the Real Estate - Development subindustry, Shenzhen Wongtee International Enterprise Co'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.
Shenzhen Wongtee International Enterprise Co's Inventory-to-Revenue Distribution in the Real Estate Industry
* The bar in red indicates where Shenzhen Wongtee International Enterprise Co's Inventory-to-Revenue falls into.
Shenzhen Wongtee International Enterprise Co 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.
* 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.
Shenzhen Wongtee International Enterprise Co (SZSE:200056) 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.
Shenzhen Wongtee International Enterprise Co's Days Inventory for the
three
months ended in Mar. 2024 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.
Shenzhen Wongtee International Enterprise Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shenzhen Wongtee International Enterprise Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shenzhen Wongtee International Enterprise Co (SZSE:200056) Business Description
Shenzhen Wongtee International Enterprise Co Ltd is a real estate development company. The firm is engaged in the business operation and management of its own shopping malls. In addition to the real estate operations, it is also involved in the provision of financial services and content services.
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