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Asia Cassava Resources Holdings (HKSE:00841) Inventory-to-Revenue : 0.34 (As of Sep. 2024)


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What is Asia Cassava Resources 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. Asia Cassava Resources Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$151.8 Mil. Asia Cassava Resources Holdings's Revenue for the six months ended in Sep. 2024 was HK$449.2 Mil. Asia Cassava Resources Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.34.

Asia Cassava Resources Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Mar. 2024 (0.67) to Mar. 2024 (0.34)

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. Asia Cassava Resources Holdings's Days Inventory for the six months ended in Sep. 2024 was 66.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Cassava Resources Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.74.


Asia Cassava Resources Holdings Inventory-to-Revenue Historical Data

The historical data trend for Asia Cassava Resources 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.

* Premium members only.

Asia Cassava Resources Holdings Inventory-to-Revenue Chart

Asia Cassava Resources Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.18 0.22 0.16 0.28

Asia Cassava Resources Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.22 0.33 0.67 0.34

Competitive Comparison of Asia Cassava Resources Holdings's Inventory-to-Revenue

For the Packaged Foods subindustry, Asia Cassava Resources 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.


Asia Cassava Resources Holdings's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asia Cassava Resources Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Asia Cassava Resources Holdings's Inventory-to-Revenue falls into.



Asia Cassava Resources 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.

Asia Cassava Resources Holdings's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (A: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )
=( (390.831 + 277.346) / 2 ) / 1193.032
=334.0885 / 1193.032
=0.28

Asia Cassava Resources Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (277.346 + 26.213) / 2 ) / 449.21
=151.7795 / 449.21
=0.34

* 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.


Asia Cassava Resources Holdings  (HKSE:00841) 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.

Asia Cassava Resources Holdings's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=151.7795/415.164*365 / 2
=66.72

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Asia Cassava Resources Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=415.164 / 151.7795
=2.74

* 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.


Asia Cassava Resources Holdings Inventory-to-Revenue Related Terms

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Asia Cassava Resources Holdings Business Description

Traded in Other Exchanges
N/A
Address
63 Mody Road, Unit 612-613, 6th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Asia Cassava Resources Holdings Ltd is an investment holding company, which engages in the trade of dried cassava chips. It operates through the following segments: Procurement and Sale of Dried Cassava Chips; Property Investment; and Hotel Operations. The Procurement and Sale of Dried Cassava Chips segment which generates the majority of revenue offers procurement and sale of dried cassava chips. The Property Investment segment invests in office space and industrial properties for its rental income potential. The Hotel Operations segment involves hotel operations in the People's Republic of China. The company operates in four geographical markets Hong Kong, Mainland China, Laos, and Thailand out of which Mainland China acts as a maximum revenue contributor.

Asia Cassava Resources Holdings Headlines

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