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Fourace Industries Group Holdings (HKSE:01455) Inventory-to-Revenue : 0.23 (As of Sep. 2024)


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What is Fourace Industries Group 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. Fourace Industries Group Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$35.7 Mil. Fourace Industries Group Holdings's Revenue for the six months ended in Sep. 2024 was HK$154.9 Mil. Fourace Industries Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.23.

Fourace Industries Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Mar. 2024 (0.26) to Mar. 2024 (0.23)

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. Fourace Industries Group Holdings's Days Inventory for the six months ended in Sep. 2024 was 63.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fourace Industries Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.88.


Fourace Industries Group Holdings Inventory-to-Revenue Historical Data

The historical data trend for Fourace Industries Group 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.

Fourace Industries Group Holdings Inventory-to-Revenue Chart

Fourace Industries Group Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial 0.10 0.08 0.10 0.13 0.13

Fourace Industries Group Holdings Semi-Annual Data
Mar18 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 0.22 0.25 0.27 0.26 0.23

Competitive Comparison of Fourace Industries Group Holdings's Inventory-to-Revenue

For the Household & Personal Products subindustry, Fourace Industries Group 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.


Fourace Industries Group Holdings's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Fourace Industries Group Holdings's Inventory-to-Revenue falls into.


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Fourace Industries Group 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.

Fourace Industries Group 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 )
=( (31.656 + 37.451) / 2 ) / 268.024
=34.5535 / 268.024
=0.13

Fourace Industries Group 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 )
=( (37.451 + 33.853) / 2 ) / 154.86
=35.652 / 154.86
=0.23

* 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.


Fourace Industries Group Holdings  (HKSE:01455) 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.

Fourace Industries Group 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
=35.652/102.835*365 / 2
=63.27

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

Fourace Industries Group 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 )
=102.835 / 35.652
=2.88

* 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.


Fourace Industries Group Holdings Inventory-to-Revenue Related Terms

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Fourace Industries Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Unit No. 1107, 8 Kwai Cheong Road, 11th Floor, Manhattan Centre, Kwai Chung, New Territories, Hong Kong, HKG
Fourace Industries Group Holdings Ltd is engaged in the design, development, manufacturing, and trading of personal care and lifestyle electrical appliances on an ODM basis. The company's product portfolio offers a wide range of personal care electrical appliances, which can be broadly classified into three categories, namely, hair styling series, grooming series, and beauty care series. Geographically, the customers of the company are mainly international brand owners with products marketed mainly in the U.S., Japan, Europe, and Others. It earns the majority of its revenue from Japan.
Executives
Li Shu Yeh 2201 Interest of corporation controlled by you
Ace Champion Inc. 2101 Beneficial owner
Chan Pan Pan 2202 Interest of your spouse
Forever Golden Inc. 2101 Beneficial owner
Loo Kin Kuen Stephen 2202 Interest of your spouse
Sit Hor Wan 2201 Interest of corporation controlled by you

Fourace Industries Group Holdings Headlines

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