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. SOCAM Development's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$826 Mil. SOCAM Development's Revenue for the
six
months ended in Dec. 2023 was HK$4,546 Mil.
SOCAM Development's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.
SOCAM Development's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.22) to Jun. 2023 (0.18)
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.
SOCAM Development's Days Inventory for the
six
months ended in Dec. 2023 was 302.09.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SOCAM Development's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.60.
SOCAM Development Inventory-to-Revenue Historical Data
The historical data trend for SOCAM Development'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 SOCAM Development's Inventory-to-Revenue
For the Real Estate - Development subindustry, SOCAM Development'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.
SOCAM Development's Inventory-to-Revenue Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, SOCAM Development's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where SOCAM Development's Inventory-to-Revenue falls into.
SOCAM Development 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.
SOCAM Development'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.
SOCAM Development (HKSE:00983) 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.
SOCAM Development'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.
SOCAM Development Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of SOCAM Development's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
SOCAM Development (HKSE:00983) Business Description
SOCAM Development Ltd is an investment holding company. The company along with its subsidiaries is principally engaged in property segment which includes Property development and construction and maintenance segment includes contracting ,renovation and fitting out, smart facilities management and Other businesses segment includes venture capital investment and others. The group's majority of the revenue comes from Construction and maintenance segment in which Hongkong is the major contributor when it comes to revenue.
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