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. Hwa Create's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥392.1 Mil. Hwa Create's Revenue for the
three
months ended in Mar. 2024 was ¥173.9 Mil.
Hwa Create's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.26.
Hwa Create's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (1.25) to Dec. 2023 (2.26)
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.
Hwa Create's Days Inventory for the
three
months ended in Mar. 2024 was 322.23.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hwa Create's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.28.
Hwa Create Inventory-to-Revenue Historical Data
The historical data trend for Hwa Create'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 Hwa Create's Inventory-to-Revenue
For the Aerospace & Defense subindustry, Hwa Create'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.
Hwa Create's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Hwa Create's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Hwa Create's Inventory-to-Revenue falls into.
Hwa Create 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.
Hwa Create'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.
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.
Hwa Create'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.
Hwa Create Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Hwa Create's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Hwa Create Corp is a China-based company engaged in the research and development, manufacturing, and sale of technologies and products of satellite navigation, radar and communication, navigation and communication antenna and embedded system. Its products are used in electromechanical industries of aviation, aerospace, ship and emulation training. The products of the company include Beidou satellite navigation chips, application modules, and their corresponding simulated test devices, designated antenna for satellite navigation, embedded modules and simulated test devices for radar and communication system, computer simulation and test platform for the electromechanical system, and computer simulation application development services.
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