Anxian Yuan China Holdings (HKSE:00922) Inventory-to-Revenue : 1.84 (As of Sep. 2023)

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What is Anxian Yuan China 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. Anxian Yuan China Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$251.0 Mil. Anxian Yuan China Holdings's Revenue for the six months ended in Sep. 2023 was HK$136.5 Mil. Anxian Yuan China Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.84.

Anxian Yuan China Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (1.33) to Mar. 2023 (1.84)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Anxian Yuan China Holdings's Days Inventory for the six months ended in Sep. 2023 was 1,217.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anxian Yuan China Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.15.

Anxian Yuan China Holdings Inventory-to-Revenue Historical Data

The historical data trend for Anxian Yuan China 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.

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Anxian Yuan China Holdings Inventory-to-Revenue Chart

Anxian Yuan China Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory-to-Revenue

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1.08

0.83

0.85

0.95

0.84

Anxian Yuan China Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory-to-Revenue	Get a 7-Day Free Trial															1.79	1.90	2.01	1.33	1.84

Competitive Comparison of Anxian Yuan China Holdings's Inventory-to-Revenue

For the Personal Services subindustry, Anxian Yuan China 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.

Anxian Yuan China Holdings's Inventory-to-Revenue Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Anxian Yuan China Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Anxian Yuan China Holdings's Inventory-to-Revenue falls into.

Anxian Yuan China Holdings Inventory-to-Revenue Calculation

Anxian Yuan China Holdings's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory-to-Revenue (A: Mar. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )
=	( (308.651	+	261.615)	/	2 )	/	340.533
=	285.133					/	340.533
=	0.84

Anxian Yuan China Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

	Inventory-to-Revenue (Q: Sep. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Revenue (Q: Sep. 2023 )
=	( (261.615	+	240.329)	/	2 )	/	136.483
=	250.972					/	136.483
=	1.84

Anxian Yuan China Holdings (HKSE:00922) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Anxian Yuan China Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	250.972	/	37.618	*	365 / 2
	=	1,217.57

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

Anxian Yuan China Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	37.618	/	250.972
	=	0.15

Anxian Yuan China Holdings Inventory-to-Revenue Related Terms

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Anxian Yuan China Holdings (HKSE:00922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Anxian Yuan China Holdings Ltd (HKSE:00922) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Leighton Road, Room 1215, Leighton Centre, Causeway Bay, Hong Kong, HKG, 999077

Website

http://www.anxianyuanchina.com

Anxian Yuan China Holdings Ltd is an investment holding company. The company is principally engaged in cemetery businesses. Geographically, the company derives maximum revenue from China. The company generates revenue from sales of tombs and niches; Management fee income and Burial services.

Executives

Excel Precise International Limited	2106 Person having a security interest in shares
Master Point Overseas Limited	2101 Beneficial owner
True Promise Investments Limited	2201 Interest of corporation controlled by you
Law Fei Shing	2201 Interest of corporation controlled by you
Shi Hua	2201 Interest of corporation controlled by you
Yan Zulin	2101 Beneficial owner
Huang Weichun	2101 Beneficial owner

Anxian Yuan China Holdings (HKSE:00922) Headlines

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