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Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Inventory-to-Revenue : 1.57 (As of Dec. 2023)


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What is Green Future Food Hydrocolloid Marine Science Co 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. Green Future Food Hydrocolloid Marine Science Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$1,014 Mil. Green Future Food Hydrocolloid Marine Science Co's Revenue for the six months ended in Dec. 2023 was HK$647 Mil. Green Future Food Hydrocolloid Marine Science Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.57.

Green Future Food Hydrocolloid Marine Science Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (1.71) to Jun. 2023 (1.57)

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. Green Future Food Hydrocolloid Marine Science Co's Days Inventory for the six months ended in Dec. 2023 was 256.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Green Future Food Hydrocolloid Marine Science Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.71.


Green Future Food Hydrocolloid Marine Science Co Inventory-to-Revenue Historical Data

The historical data trend for Green Future Food Hydrocolloid Marine Science Co'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.

Green Future Food Hydrocolloid Marine Science Co Inventory-to-Revenue Chart

Green Future Food Hydrocolloid Marine Science Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.26 0.47 0.51 0.54 0.73

Green Future Food Hydrocolloid Marine Science Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 1.05 1.11 1.71 1.57

Competitive Comparison of Green Future Food Hydrocolloid Marine Science Co's Inventory-to-Revenue

For the Farm Products subindustry, Green Future Food Hydrocolloid Marine Science Co'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.


Green Future Food Hydrocolloid Marine Science Co's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Future Food Hydrocolloid Marine Science Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Green Future Food Hydrocolloid Marine Science Co's Inventory-to-Revenue falls into.



Green Future Food Hydrocolloid Marine Science Co 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.

Green Future Food Hydrocolloid Marine Science Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (1011.977 + 858.614) / 2 ) / 1284.087
=935.2955 / 1284.087
=0.73

Green Future Food Hydrocolloid Marine Science Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (1169.809 + 858.614) / 2 ) / 646.549
=1014.2115 / 646.549
=1.57

* 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.


Green Future Food Hydrocolloid Marine Science Co  (HKSE:01084) 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.

Green Future Food Hydrocolloid Marine Science Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=1014.2115/721.475*365 / 2
=256.55

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

Green Future Food Hydrocolloid Marine Science Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=721.475 / 1014.2115
=0.71

* 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.


Green Future Food Hydrocolloid Marine Science Co Inventory-to-Revenue Related Terms

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Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Business Description

Traded in Other Exchanges
N/A
Address
169 Electric Road, Flat A, 16th Floor, North Point, Hong Kong, HKG
Green Future Food Hydrocolloid Marine Science Co Ltd is engaged in manufacturing and sales of food manufacturing hydrocolloid products including carrageenan products, agar-agar products, blended products, and konjac products in the People's Republic of China and overseas. Its segments include Manufacturing and sales of agar-agar products; Manufacturing and sales of carrageenan; Manufacturing and sales of konjac products; Manufacturing and sales of blended products; and Others such as sales of milk powder. Its operations are spread across China, Europe, Asia (excluding China), South America, North America, Africa and Oceania.
Executives
Guo Songsen 2401 A concert party to an agreement to buy shares
Qiu Qiaoya 2202 Interest of your spouse
She Pin Pin 2202 Interest of your spouse
Li Shun Ching Louisa 2202 Interest of your spouse
Chan Shui Yip 2401 A concert party to an agreement to buy shares
Chan Kam Chung 2401 A concert party to an agreement to buy shares
Wu Biling 2202 Interest of your spouse
Winning Path Trading Company Limited 2401 A concert party to an agreement to buy shares
Strong Achievement (bvi) Investment Company Limited 2401 A concert party to an agreement to buy shares
Cos Kreation Investment Development Company Limited 2401 A concert party to an agreement to buy shares
Guo Yuansuo 2401 A concert party to an agreement to buy shares
Guo Songsen 2401 A concert party to an agreement to buy shares
Guo Dongxu 2401 A concert party to an agreement to buy shares
Guo Donghuang 2401 A concert party to an agreement to buy shares
Green Forest (bvi) Investment Company Limited 2401 A concert party to an agreement to buy shares

Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Headlines

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