What is Maike Tube Industry 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. Maike Tube Industry Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$330 Mil. Maike Tube Industry Holdings's Revenue for the
six
months ended in Dec. 2024 was HK$1,508 Mil.
Maike Tube Industry Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.22.
Maike Tube Industry Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024
declined
from Jun. 2024 (0.27) to Jun. 2024 (0.22)
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.
Maike Tube Industry Holdings's Days Inventory for the
six
months ended in Dec. 2024 was 47.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Maike Tube Industry Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.88.
Maike Tube Industry Holdings Inventory-to-Revenue Historical Data
* 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.
Maike Tube Industry Holdings Inventory-to-Revenue Chart
Competitive Comparison of Maike Tube Industry Holdings's Inventory-to-Revenue
For the Steel subindustry, Maike Tube Industry 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.
Maike Tube Industry Holdings's Inventory-to-Revenue Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Maike Tube Industry Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Maike Tube Industry Holdings's Inventory-to-Revenue falls into.
Maike Tube Industry 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.
Maike Tube Industry Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 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.
Maike Tube Industry Holdings (HKSE:01553) 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.
Maike Tube Industry Holdings's Days Inventory for the
six
months ended in Dec. 2024 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.
Maike Tube Industry Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Maike Tube Industry Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Maike Tube Industry Holdings Ltd is an investment holding company. The company, through its subsidiaries, is engaged in the manufacturing of steel pipe products and prefabricated pipe nipple products. Its steel pipe products are made through rolling steel plates and welding the seam and are mainly used for gas, water supply, HVAC, and fire extinguishing. The group offers ERW steel pipes, Standard prefabricated pipe nipples, Spiral Submerged Arc Welded steel pipes, Customised steel pipes, and Design and supply assembled piping systems. It has a business presence in the PRC, the US, Europe, and Other countries of which a majority of revenue is generated from the PRC.
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