What is Best Food Holding 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. Best Food Holding Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$26.9 Mil. Best Food Holding Co's Revenue for the
six
months ended in Dec. 2023 was HK$334.0 Mil.
Best Food Holding Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.
Best Food Holding Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.08) to Jun. 2023 (0.08)
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.
Best Food Holding Co's Days Inventory for the
six
months ended in Dec. 2023 was 19.65.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Best Food Holding Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.29.
Best Food Holding Co Inventory-to-Revenue Historical Data
The historical data trend for Best Food Holding 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.
Competitive Comparison of Best Food Holding Co's Inventory-to-Revenue
For the Restaurants subindustry, Best Food Holding 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.
Best Food Holding Co's Inventory-to-Revenue Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Best Food Holding Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Best Food Holding Co's Inventory-to-Revenue falls into.
Best Food Holding 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.
Best Food Holding Co'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.
Best Food Holding Co (HKSE:01488) 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.
Best Food Holding Co'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.
Best Food Holding Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Best Food Holding Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Best Food Holding Co (HKSE:01488) Business Description
Best Food Holding Co Ltd is principally engaged in the operation of chain restaurants. It is involved in the Chinese fast-food restaurant chain and actively seeks relevant investment opportunities along the value chain of the catering industry. Its revenue is generated from the Food and beverage business. Geographically, it derives maximum revenue from PRC. It also has operations in the USA, Canada, Italy, Germany, Hong Kong, South American countries, UK, the Netherlands, the Middle East and Africa, Other European countries, and Other Asian countries.
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