What is Chinney Alliance 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. Chinney Alliance Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$165 Mil. Chinney Alliance Group's Revenue for the
six
months ended in Dec. 2023 was HK$3,443 Mil.
Chinney Alliance Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.
Chinney Alliance Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.07) to Jun. 2023 (0.05)
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.
Chinney Alliance Group's Days Inventory for the
six
months ended in Dec. 2023 was 9.91.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Chinney Alliance Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.42.
Chinney Alliance Group Inventory-to-Revenue Historical Data
The historical data trend for Chinney Alliance 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 Chinney Alliance Group's Inventory-to-Revenue
For the Engineering & Construction subindustry, Chinney Alliance 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.
Chinney Alliance Group's Inventory-to-Revenue Distribution in the Construction Industry
For the Construction industry and Industrials sector, Chinney Alliance Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Chinney Alliance Group's Inventory-to-Revenue falls into.
Chinney Alliance 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.
Chinney Alliance Group's Inventory-to-Revenue for the fiscal year that 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.
Chinney Alliance Group (HKSE:00385) 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.
Chinney Alliance 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.
Chinney Alliance Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Chinney Alliance Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Chinney Alliance Group Ltd is an investment holding company. The company's operating segment includes Plastic and chemical products; Building related contracting services; Building construction; Foundation piling and ground investigation; the aviation segment and others. It generates maximum revenue from the Building related contracting services segment. The Building related contracting services segment consists of the provision of contracting services for both public and private sectors, including engineering contracting services in the air-conditioning industry and the provision of maintenance services. Geographically, it derives a majority of revenue from Hong Kong.
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