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EverChina Int'l Holdings Co (HKSE:00202) Inventory-to-Revenue : 0.89 (As of Sep. 2023)


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What is EverChina Int'l Holdings Co 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. EverChina Int'l Holdings Co's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$39.8 Mil. EverChina Int'l Holdings Co's Revenue for the six months ended in Sep. 2023 was HK$44.6 Mil. EverChina Int'l Holdings Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.89.

EverChina Int'l Holdings Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (0.53) to Mar. 2023 (0.89)

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. EverChina Int'l Holdings Co's Days Inventory for the six months ended in Sep. 2023 was 306.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. EverChina Int'l Holdings Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.60.


EverChina Int'l Holdings Co Inventory-to-Revenue Historical Data

The historical data trend for EverChina Int'l Holdings Co'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.

EverChina Int'l Holdings Co Inventory-to-Revenue Chart

EverChina Int'l Holdings Co 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 0.05 0.13 0.22 0.24 0.29

EverChina Int'l Holdings Co 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 0.48 0.46 0.55 0.53 0.89

Competitive Comparison of EverChina Int'l Holdings Co's Inventory-to-Revenue

For the Conglomerates subindustry, EverChina Int'l Holdings Co'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.


EverChina Int'l Holdings Co's Inventory-to-Revenue Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, EverChina Int'l Holdings Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where EverChina Int'l Holdings Co's Inventory-to-Revenue falls into.



EverChina Int'l Holdings Co 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.

EverChina Int'l Holdings Co'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 )
=( (43.438 + 40.124) / 2 ) / 146.392
=41.781 / 146.392
=0.29

EverChina Int'l Holdings Co'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 )
=( (40.124 + 39.487) / 2 ) / 44.605
=39.8055 / 44.605
=0.89

* 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.


EverChina Int'l Holdings Co  (HKSE:00202) 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.

EverChina Int'l Holdings Co'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
=39.8055/23.732*365 / 2
=306.11

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

EverChina Int'l Holdings Co'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 )
=23.732 / 39.8055
=0.60

* 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.


EverChina Int'l Holdings Co Inventory-to-Revenue Related Terms

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EverChina Int'l Holdings Co (HKSE:00202) Business Description

Traded in Other Exchanges
N/A
Address
151 Gloucester Road, Capital Centre, Unit 1506, 15th Floor, Wanchai, Hong Kong, HKG
EverChina Int'l Holdings Co Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property investment operation; Hotel operation; Securities investment and financing operation; Resources operation and Agricultural operation. Property investment operation segment is engaged in the leasing of rental property in PRC and Hong Kong. Agricultural operation segment is engaged in the agricultural farming, cattle raising and sales of cattle, soybean, corn, and rice in the Plurinational State of Bolivia. It generates maximum revenue from the Agricultural operation segment. Geographically, it derives a majority of revenue from Bolivia.

EverChina Int'l Holdings Co (HKSE:00202) Headlines

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