What is Wanjia Group Holdings 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. Wanjia Group Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$12.2 Mil. Wanjia Group Holdings's Revenue for the
six
months ended in Sep. 2023 was HK$93.4 Mil.
Wanjia Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.13.
Wanjia Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023
declined
from Mar. 2023 (0.17) to Mar. 2023 (0.13)
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.
Wanjia Group Holdings's Days Inventory for the
six
months ended in Sep. 2023 was 33.50.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Wanjia Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 5.45.
Wanjia Group Holdings Inventory-to-Revenue Historical Data
The historical data trend for Wanjia Group Holdings'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 Wanjia Group Holdings's Inventory-to-Revenue
For the Medical Distribution subindustry, Wanjia Group Holdings'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.
Wanjia Group Holdings's Inventory-to-Revenue Distribution in the Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Wanjia Group Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Wanjia Group Holdings's Inventory-to-Revenue falls into.
Wanjia Group Holdings 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.
Wanjia Group Holdings's Inventory-to-Revenue for the fiscal year that ended in Mar. 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.
Wanjia Group Holdings (HKSE:00401) 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.
Wanjia Group Holdings's Days Inventory for the
six
months ended in Sep. 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.
Wanjia Group Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Wanjia Group Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Wanjia Group Holdings (HKSE:00401) Business Description
Wanjia Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the company operates in principal activities of Pharmaceutical wholesale and distribution business, and Hemodialysis treatment and consultancy service business. The company generates key revenue from the Hemodialysis treatment and consultancy service business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00401 has been successfully added to your 