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Asia Standard Hotel Group (HKSE:00292) Inventory-to-Revenue : 0.06 (As of Sep. 2023)


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What is Asia Standard Hotel Group 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. Asia Standard Hotel Group's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$27.9 Mil. Asia Standard Hotel Group's Revenue for the six months ended in Sep. 2023 was HK$474.3 Mil. Asia Standard Hotel Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.06.

Asia Standard Hotel Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (1.73) to Mar. 2023 (0.06)

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. Asia Standard Hotel Group's Days Inventory for the six months ended in Sep. 2023 was 89.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Standard Hotel Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.04.


Asia Standard Hotel Group Inventory-to-Revenue Historical Data

The historical data trend for Asia Standard Hotel Group'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.

Asia Standard Hotel Group Inventory-to-Revenue Chart

Asia Standard Hotel Group 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 0.02 0.02 0.02 0.02 0.03

Asia Standard Hotel Group 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 0.04 0.04 1.72 1.73 0.06

Competitive Comparison of Asia Standard Hotel Group's Inventory-to-Revenue

For the Asset Management subindustry, Asia Standard Hotel Group'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.


Asia Standard Hotel Group's Inventory-to-Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Standard Hotel Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Asia Standard Hotel Group's Inventory-to-Revenue falls into.



Asia Standard Hotel Group 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.

Asia Standard Hotel Group'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 )
=( (17.881 + 27.949) / 2 ) / 926.653
=22.915 / 926.653
=0.02

Asia Standard Hotel Group'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 )
=( (27.949 + 27.757) / 2 ) / 474.263
=27.853 / 474.263
=0.06

* 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.


Asia Standard Hotel Group  (HKSE:00292) 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.

Asia Standard Hotel Group'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
=27.853/56.702*365 / 2
=89.65

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

Asia Standard Hotel Group'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 )
=56.702 / 27.853
=2.04

* 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.


Asia Standard Hotel Group Inventory-to-Revenue Related Terms

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Asia Standard Hotel Group (HKSE:00292) Business Description

Traded in Other Exchanges
N/A
Address
33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG
Asia Standard Hotel Group Ltd is a Hong Kong-based investment holding company principally engaged in hotel businesses. The segment in which the group operates includes Hotel Operation, Property development, Financial Investments, and Others. The hotel Operation segment of the company is engaged in hotel operations in Hong Kong and Canada; the Property development segment focuses on properties in Hong Kong and Canada; and the Financial Investments segment is engaged in the investment in financial instruments and earns maximum revenue for the company. The business activity of the company is operated in Hong Kong and Overseas.

Asia Standard Hotel Group (HKSE:00292) Headlines

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