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Chen Hsong Holdings (HKSE:00057) Inventory-to-Revenue : 0.74 (As of Sep. 2023)


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What is Chen Hsong 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. Chen Hsong Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$742 Mil. Chen Hsong Holdings's Revenue for the six months ended in Sep. 2023 was HK$1,002 Mil. Chen Hsong Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.74.

Chen Hsong Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (0.79) to Mar. 2023 (0.74)

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. Chen Hsong Holdings's Days Inventory for the six months ended in Sep. 2023 was 179.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chen Hsong Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.02.


Chen Hsong Holdings Inventory-to-Revenue Historical Data

The historical data trend for Chen Hsong 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.

Chen Hsong Holdings Inventory-to-Revenue Chart

Chen Hsong Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.35 0.26 0.33 0.40

Chen Hsong Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.54 0.86 0.69 0.79 0.74

Competitive Comparison of Chen Hsong Holdings's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Chen Hsong 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.


Chen Hsong Holdings's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chen Hsong Holdings's Inventory-to-Revenue distribution charts can be found below:

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



Chen Hsong 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.

Chen Hsong Holdings's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (1061.9 + 791.763) / 2 ) / 2312.584
=926.8315 / 2312.584
=0.40

Chen Hsong Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (791.763 + 692.376) / 2 ) / 1002.4
=742.0695 / 1002.4
=0.74

* 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.


Chen Hsong Holdings  (HKSE:00057) 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.

Chen Hsong Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=742.0695/755.902*365 / 2
=179.16

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

Chen Hsong Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=755.902 / 742.0695
=1.02

* 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.


Chen Hsong Holdings Inventory-to-Revenue Related Terms

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Chen Hsong Holdings (HKSE:00057) Business Description

Traded in Other Exchanges
Address
18 Whitfield Road, Unit 2001, 20th Floor, Citicorp Centre, Hong Kong, HKG
Chen Hsong Holdings Ltd is an investment holding company it is engaged in the business of manufacture and sale of Plastic injection molding machines and related products. The company's services are used in automotive, packaging, home appliances, consumer electronics, mobile phones, and other businesses. The group operates through the geographic segments of Mainland China and Hong Kong, Taiwan, and Other Overseas Countries. The Mainland China and Hong Kong segment generates maximum revenue for the company.

Chen Hsong Holdings (HKSE:00057) Headlines

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