What is China Medical & HealthCare 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. China Medical & HealthCare Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$299 Mil. China Medical & HealthCare Group's Revenue for the
six
months ended in Dec. 2023 was HK$808 Mil.
China Medical & HealthCare Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.
China Medical & HealthCare Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.40) to Jun. 2023 (0.37)
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.
China Medical & HealthCare Group's Days Inventory for the
six
months ended in Dec. 2023 was 81.75.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Medical & HealthCare Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.23.
China Medical & HealthCare Group Inventory-to-Revenue Historical Data
* 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.
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China Medical & HealthCare Group Inventory-to-Revenue Chart
Competitive Comparison of China Medical & HealthCare Group's Inventory-to-Revenue
For the Medical Care Facilities subindustry, China Medical & HealthCare 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.
China Medical & HealthCare Group's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, China Medical & HealthCare Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China Medical & HealthCare Group's Inventory-to-Revenue falls into.
China Medical & HealthCare 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.
* 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.
China Medical & HealthCare Group (HKSE:00383) 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.
China Medical & HealthCare Group's Days Inventory for the
six
months ended in Dec. 2023 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.
China Medical & HealthCare Group Inventory-to-Revenue Related Terms
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China Medical & HealthCare Group (HKSE:00383) Business Description
China Medical & HealthCare Group Ltd is a healthcare company operating hospitals. Its main focus is on the investment, management, and operations of healthcare and hospital businesses, eldercare businesses, trading of medical equipment and related supplies, property investment and development, securities trading and investments, provision of financial services, and strategic investment. It operates through the following business segments: Healthcare, Eldercare; Property development; Property investment; Financial services; and Securities trading and investments. The firm generates the majority of revenue from the Healthcare segment that is engaged in the operations of hospitals in the PRC.
China Medical & HealthCare Group (HKSE:00383) Headlines
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