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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Inventory-to-Revenue : 0.11 (As of Dec. 2023)


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What is Tingyi (Cayman Islands) Holding 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. Tingyi (Cayman Islands) Holding's Average Total Inventories for the quarter that ended in Dec. 2023 was $611 Mil. Tingyi (Cayman Islands) Holding's Revenue for the six months ended in Dec. 2023 was $5,534 Mil. Tingyi (Cayman Islands) Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

Tingyi (Cayman Islands) Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.12) to Jun. 2023 (0.11)

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. Tingyi (Cayman Islands) Holding's Days Inventory for the six months ended in Dec. 2023 was 28.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tingyi (Cayman Islands) Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.31.


Tingyi (Cayman Islands) Holding Inventory-to-Revenue Historical Data

The historical data trend for Tingyi (Cayman Islands) Holding'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.

Tingyi (Cayman Islands) Holding Inventory-to-Revenue Chart

Tingyi (Cayman Islands) Holding 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 0.05 0.05 0.05 0.07 0.06

Tingyi (Cayman Islands) Holding Semi-Annual Data
Jun14 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 0.11 0.13 0.13 0.12 0.11

Competitive Comparison of Tingyi (Cayman Islands) Holding's Inventory-to-Revenue

For the Packaged Foods subindustry, Tingyi (Cayman Islands) Holding'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.


Tingyi (Cayman Islands) Holding's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tingyi (Cayman Islands) Holding's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tingyi (Cayman Islands) Holding's Inventory-to-Revenue falls into.



Tingyi (Cayman Islands) Holding 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.

Tingyi (Cayman Islands) Holding'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 )
=( (753.703 + 614.166) / 2 ) / 11262.72
=683.9345 / 11262.72
=0.06

Tingyi (Cayman Islands) Holding'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 )
=( (607.52 + 614.166) / 2 ) / 5533.545
=610.843 / 5533.545
=0.11

* 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.


Tingyi (Cayman Islands) Holding  (OTCPK:TCYMF) 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.

Tingyi (Cayman Islands) Holding'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
=610.843/3852.717*365 / 2
=28.94

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

Tingyi (Cayman Islands) Holding'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 )
=3852.717 / 610.843
=6.31

* 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.


Tingyi (Cayman Islands) Holding Inventory-to-Revenue Related Terms

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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Business Description

Address
No. 1688, Wuzhong Road, Building A, Minhang District, Shanghai, CHN, 201103
Tingyi is a leading producer of instant noodles and RTD beverages in China, with its Master Kong brand being the most widely known. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.

Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Headlines

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