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. Mida Assets PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿188 Mil. Mida Assets PCL's Revenue for the
three
months ended in Mar. 2024 was ฿547 Mil.
Mida Assets PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.35.
Mida Assets PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.27) to Dec. 2023 (0.35)
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.
Mida Assets PCL's Days Inventory for the
three
months ended in Mar. 2024 was 63.73.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mida Assets PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.43.
Mida Assets PCL Inventory-to-Revenue Historical Data
The historical data trend for Mida Assets PCL'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 Mida Assets PCL's Inventory-to-Revenue
For the Credit Services subindustry, Mida Assets PCL'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.
Mida Assets PCL's Inventory-to-Revenue Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Mida Assets PCL's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Mida Assets PCL's Inventory-to-Revenue falls into.
Mida Assets PCL 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.
Mida Assets PCL'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.
Mida Assets PCL (BKK:MIDA) 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.
Mida Assets PCL'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.
Mida Assets PCL Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Mida Assets PCL's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Mida Assets PCL is a Thailand-based company engaged in different businesses such as sales of merchandises and hire-purchases financing for electronic equipment and used cars, real estate development, hotel operations services and management, golf course rental, agency for sale of real estate, advertising, public relation and events organizing services, providing financial services, management of non-performing assets and security guard services. Its segments include Hire-purchase business, Real estate development, Hotel operation, Agency for sale real estate, and Advertising, public relation, and events services, of which key revenue is derived from the Hire-purchase business. The group has a business presence in Thailand and other countries.
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