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. Eternity Investment's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$35.7 Mil. Eternity Investment's Revenue for the
six
months ended in Dec. 2023 was HK$115.0 Mil.
Eternity Investment's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.
Eternity Investment's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.45) to Jun. 2023 (0.31)
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.
Eternity Investment's Days Inventory for the
six
months ended in Dec. 2023 was 124.84.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Eternity Investment's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.46.
Eternity Investment Inventory-to-Revenue Historical Data
The historical data trend for Eternity Investment'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 Eternity Investment's Inventory-to-Revenue
For the Credit Services subindustry, Eternity Investment'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.
Eternity Investment's Inventory-to-Revenue Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Eternity Investment's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Eternity Investment's Inventory-to-Revenue falls into.
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.
Eternity Investment'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.
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.
Eternity Investment'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.
Eternity Investment Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Eternity Investment's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Eternity Investment (HKSE:00764) Business Description
Eternity Investment Ltd is an investment holding company. The company along with its subsidiaries is engaged in the sale of jewelry products. It operates in four segments Property investment, Sale of financial assets, Moneylending, and Design and sale of jewelry products, and precious stones segment. It generates the highest revenue from the money lending business. The company has a global presence with the majority of the revenue generated from Hong Kong.
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