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Visionflex Group (ASX:VFX) Inventory-to-Revenue : 0.25 (As of Jun. 2024)


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What is Visionflex Group 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. Visionflex Group's Average Total Inventories for the quarter that ended in Jun. 2024 was A$0.67 Mil. Visionflex Group's Revenue for the six months ended in Jun. 2024 was A$2.65 Mil. Visionflex Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.25.

Visionflex Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 increased from Dec. 2023 (0.16) to Dec. 2023 (0.25)

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. Visionflex Group's Days Inventory for the six months ended in Jun. 2024 was 89.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Visionflex Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.04.


Visionflex Group Inventory-to-Revenue Historical Data

The historical data trend for Visionflex Group'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.

Visionflex Group Inventory-to-Revenue Chart

Visionflex Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.12 0.13 0.09

Visionflex Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.24 0.15 0.37 0.16 0.25

Competitive Comparison of Visionflex Group's Inventory-to-Revenue

For the Health Information Services subindustry, Visionflex Group'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.


Visionflex Group's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Visionflex Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Visionflex Group's Inventory-to-Revenue falls into.



Visionflex Group 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.

Visionflex Group's Inventory-to-Revenue for the fiscal year that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (A: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )
=( (0.602 + 0.648) / 2 ) / 6.654
=0.625 / 6.654
=0.09

Visionflex Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (0.692 + 0.648) / 2 ) / 2.648
=0.67 / 2.648
=0.25

* 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.


Visionflex Group  (ASX:VFX) 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.

Visionflex Group's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=0.67/1.367*365 / 2
=89.45

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

Visionflex Group's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=1.367 / 0.67
=2.04

* 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.


Visionflex Group Inventory-to-Revenue Related Terms

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Visionflex Group Business Description

Traded in Other Exchanges
N/A
Address
Unit 1/8 Prosperity Parade, Warriewood, Sydney, NSW, AUS, 2102
Visionflex Group Ltd Formerly 1st Group Ltd is an online health portal group. The company is engaged in the provision of health care and corporate online search and appointment booking services. The firm derives revenue from Subscription fees, Usage fees, Advertising, and Setup and customization out of which Subscription fees account for the majority of its revenue. The group has acquired multiple companies to run the business smoothly. The group has two operating segments, being 1st Group and Visionflex which are both located in Australia. The company generates the majority of its revenue from 1st Group segment, which is engaged in the provision of healthcare and corporate online search and appointment booking services.

Visionflex Group Headlines

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