GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CK Asset Holdings Ltd (OTCPK:CNGKY) » Definitions » Inventory-to-Revenue

CNGKY (CK Asset Holdings) Inventory-to-Revenue : 5.94 (As of Jun. 2024)


View and export this data going back to 2015. Start your Free Trial

What is CK Asset Holdings 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. CK Asset Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was $16,729 Mil. CK Asset Holdings's Revenue for the six months ended in Jun. 2024 was $2,818 Mil. CK Asset Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 5.94.

CK Asset Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 increased from Dec. 2023 (5.84) to Dec. 2023 (5.94)

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. CK Asset Holdings's Days Inventory for the six months ended in Jun. 2024 was 2,455.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. CK Asset Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.07.


CK Asset Holdings Inventory-to-Revenue Historical Data

The historical data trend for CK Asset Holdings'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.

CK Asset Holdings Inventory-to-Revenue Chart

CK Asset Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 2.01 2.34 2.83 2.85

CK Asset Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 6.25 5.53 5.84 5.94 5.54

Competitive Comparison of CK Asset Holdings's Inventory-to-Revenue

For the Real Estate - Development subindustry, CK Asset Holdings'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.


CK Asset Holdings's Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CK Asset Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where CK Asset Holdings's Inventory-to-Revenue falls into.


;
;

CK Asset Holdings 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.

CK Asset Holdings'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 )
=( (17525.882 + 16658.685) / 2 ) / 6049.195
=17092.2835 / 6049.195
=2.83

CK Asset Holdings'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 )
=( (16658.685 + 16800.256) / 2 ) / 2817.926
=16729.4705 / 2817.926
=5.94

* 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.


CK Asset Holdings  (OTCPK:CNGKY) 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.

CK Asset Holdings'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
=16729.4705/1243.15*365 / 2
=2,455.96

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

CK Asset Holdings'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 )
=1243.15 / 16729.4705
=0.07

* 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.


CK Asset Holdings Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of CK Asset Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


CK Asset Holdings Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 7th Floor, Cheung Kong Center, Hong Kong, HKG
CK Asset Holdings was the property business arm of the Cheung Kong Group before the spinoff in 2015. It was subsequently renamed CK Asset Holdings from CK Property in 2017. Li Ka-shing and his family remain the largest shareholders of CK Asset over the years, with about a 48% equity stake. The company mainly engages in property development, property investment, and hotel management in Hong Kong and mainland China, while diversifying into social housing, pub operations, and infrastructure management overseas in recent years.

CK Asset Holdings Headlines

From GuruFocus

Longleaf Partners Comments on CK Asset

By Holly LaFon Holly LaFon 01-22-2018

4 Stocks I Like, From 4 Different Countries

By John Dorfman John Dorfman 08-31-2020

CK Asset: A Crazy Rich Real Estate Company

By Praveen Chawla 05-29-2022