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. Shin Yang Group Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM41.0 Mil. Shin Yang Group Bhd's Revenue for the
three
months ended in Mar. 2024 was RM252.2 Mil.
Shin Yang Group Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.
Shin Yang Group Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.16) to Dec. 2023 (0.16)
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.
Shin Yang Group Bhd's Days Inventory for the
three
months ended in Mar. 2024 was 18.30.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shin Yang Group Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.99.
Shin Yang Group Bhd Inventory-to-Revenue Historical Data
The historical data trend for Shin Yang Group Bhd'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 Shin Yang Group Bhd's Inventory-to-Revenue
For the Marine Shipping subindustry, Shin Yang Group Bhd'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.
Shin Yang Group Bhd's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Shin Yang Group Bhd's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Shin Yang Group Bhd's Inventory-to-Revenue falls into.
Shin Yang Group Bhd 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.
Shin Yang Group Bhd's Inventory-to-Revenue for the fiscal year that ended in Jun. 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.
Shin Yang Group Bhd (XKLS:5173) 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.
Shin Yang Group Bhd'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.
Shin Yang Group Bhd Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Shin Yang Group Bhd's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Shin Yang Group Bhd (XKLS:5173) Business Description
Shin Yang Group Bhd formerly Shin Yang Shipping Corp Bhd is a shipping company engaged in shipbuilding and shipping services. It has four business segments, shipping, ship repair and fabrication of metal structures segment, domestic and regional shipping segment which generates the majority of revenue, carries out shipping business in coastal and regional routes within Malaysia and the ASEAN region, International shipping segment, Land transportation and hiring services segment, Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance and trading in welding equipment and machinery, and others segment consist of the business of shipping agency. It operates in various countries like Malaysia, Singapore, Netherlands, Japan, Taiwan, and others.
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