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Raymond Industrial (HKSE:00229) Inventory-to-Revenue : 0.20 (As of Dec. 2023)


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What is Raymond Industrial 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. Raymond Industrial's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$142 Mil. Raymond Industrial's Revenue for the six months ended in Dec. 2023 was HK$714 Mil. Raymond Industrial's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Raymond Industrial's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.26) to Jun. 2023 (0.20)

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. Raymond Industrial's Days Inventory for the six months ended in Dec. 2023 was 42.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Raymond Industrial's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.34.


Raymond Industrial Inventory-to-Revenue Historical Data

The historical data trend for Raymond Industrial'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.

Raymond Industrial Inventory-to-Revenue Chart

Raymond Industrial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.12 0.14 0.20 0.13

Raymond Industrial Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.28 0.35 0.38 0.26 0.20

Competitive Comparison of Raymond Industrial's Inventory-to-Revenue

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.


Raymond Industrial's Inventory-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's Inventory-to-Revenue distribution charts can be found below:

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



Raymond Industrial 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.

Raymond Industrial'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 )
=( (198.491 + 144.473) / 2 ) / 1362.732
=171.482 / 1362.732
=0.13

Raymond Industrial's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (140.191 + 144.473) / 2 ) / 713.816
=142.332 / 713.816
=0.20

* 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.


Raymond Industrial  (HKSE:00229) 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.

Raymond Industrial's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=142.332/617.889*365 / 2
=42.04

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

Raymond Industrial's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=617.889 / 142.332
=4.34

* 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.


Raymond Industrial Inventory-to-Revenue Related Terms

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Raymond Industrial (HKSE:00229) Business Description

Traded in Other Exchanges
N/A
Address
8 On Ping Street, Rooms 1801-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG
Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. The company's geographical segment includes Japan, the United States, and the People's Republic of China (PRC), Europe, Asia (excluding Japan and the PRC) and Rest of the world. The PRC segment is involved in the manufacture of electrical household appliances. The Rest of the world segment covers sales of electrical home appliances to customers in Australia, Canada, South America and Africa. Its product categories comprise Environmental products, Battery, Health and personal care, Kitchen products and other small and medium-sized electrical household appliances.
Executives
Wong Ying Man John 2101 Beneficial owner
Webb David Michael 2101 Beneficial owner
Diamond-harvest Limited 2101 Beneficial owner
Wong Kin Lae Wilson 2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Zhuang Bei Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bei Fang Gong Ye You Xian Gong Si 2201 Interest of corporation controlled by you
An Li Shi Ye You Xian Gong Si 2101 Beneficial owner
Sun Kwing Hai Amelia 2202 Interest of your spouse

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