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. Upbest Group's Average Total Inventories for the quarter that ended in Mar. 2024 was HK$3.0 Mil. Upbest Group's Revenue for the
six
months ended in Mar. 2024 was HK$54.2 Mil.
Upbest Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.
Upbest Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Sep. 2023 (0.04) to Sep. 2023 (0.06)
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.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Upbest Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.
Upbest Group Inventory-to-Revenue Historical Data
The historical data trend for Upbest 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.
Competitive Comparison of Upbest Group's Inventory-to-Revenue
For the Capital Markets subindustry, Upbest 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.
Upbest Group's Inventory-to-Revenue Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Upbest Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Upbest Group's Inventory-to-Revenue falls into.
Upbest 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.
Upbest Group's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Upbest Group (HKSE:00335) 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.
Upbest Group's Days Inventory for the
six
months ended in Mar. 2024 is calculated as:
* 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.
Upbest Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Upbest Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Upbest Group Ltd is an investment holding company. Through its subsidiaries, it is engaged in securities broking, futures broking, securities margin financing, money lending, corporate finance advisory, assets management, precious metal trading, and property investment. The company's operating segment includes Broking, Financing, Corporate Finance, Assets Management, Properties Investment, and Precious Metal Trading. The maximum revenue for the company is generated from its Financing segment which represents its securities margin financing and money lending business. Geographically, the company derives its key revenue from Hong Kong and the rest from Macau and the People's Republic of China.
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