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Qinqin Foodstuffs Group (Cayman) Co (HKSE:01583) Inventory-to-Revenue : 0.26 (As of Dec. 2024)


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What is Qinqin Foodstuffs Group (Cayman) 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. Qinqin Foodstuffs Group (Cayman) Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$119 Mil. Qinqin Foodstuffs Group (Cayman) Co's Revenue for the six months ended in Dec. 2024 was HK$462 Mil. Qinqin Foodstuffs Group (Cayman) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.26.

Qinqin Foodstuffs Group (Cayman) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 increased from Jun. 2024 (0.21) to Jun. 2024 (0.26)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qinqin Foodstuffs Group (Cayman) Co's Days Inventory for the six months ended in Dec. 2024 was 63.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qinqin Foodstuffs Group (Cayman) Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.89.


Qinqin Foodstuffs Group (Cayman) Co Inventory-to-Revenue Historical Data

The historical data trend for Qinqin Foodstuffs Group (Cayman) 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.

Qinqin Foodstuffs Group (Cayman) Co Inventory-to-Revenue Chart

Qinqin Foodstuffs Group (Cayman) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.18 0.17 0.15 0.14

Qinqin Foodstuffs Group (Cayman) Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.23 0.30 0.21 0.26

Competitive Comparison of Qinqin Foodstuffs Group (Cayman) Co's Inventory-to-Revenue

For the Packaged Foods subindustry, Qinqin Foodstuffs Group (Cayman) 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.


Qinqin Foodstuffs Group (Cayman) Co's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Qinqin Foodstuffs Group (Cayman) Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Qinqin Foodstuffs Group (Cayman) Co's Inventory-to-Revenue falls into.


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Qinqin Foodstuffs Group (Cayman) 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.

Qinqin Foodstuffs Group (Cayman) Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (149.791 + 137.915) / 2 ) / 1063.932
=143.853 / 1063.932
=0.14

Qinqin Foodstuffs Group (Cayman) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (100.05 + 137.915) / 2 ) / 462.208
=118.9825 / 462.208
=0.26

* 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.


Qinqin Foodstuffs Group (Cayman) Co  (HKSE:01583) 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.

Qinqin Foodstuffs Group (Cayman) Co's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=118.9825/344.395*365 / 2
=63.05

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

Qinqin Foodstuffs Group (Cayman) Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=344.395 / 118.9825
=2.89

* 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.


Qinqin Foodstuffs Group (Cayman) Co Inventory-to-Revenue Related Terms

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Qinqin Foodstuffs Group (Cayman) Co Business Description

Traded in Other Exchanges
N/A
Address
Wuli Industrial Park, Fujian Province, Jinjiang City, CHN
Qinqin Foodstuffs Group (Cayman) Co Ltd is an investment holding company. Along with its subsidiaries, it manufactures, distributes, and sells food and snack products in China. The group's reportable operating segments are Jelly products, Crackers and chips, Seasoning products, and Confectionery and other products. Maximum revenue is generated from its Jelly products segment. Geographically, the group generates a majority of its revenue from the People's Republic of China.
Executives
Sure Wonder Limited 2101 Beneficial owner
Hui Ching Lau 2201 Interest of corporation controlled by you
Tin Lee Investments Limited
Hang Seng Bank (trustee) Limited 2301 Trustee
Sze Man Bok
Credit Suisse Trust Limited 2301 Trustee
Seletar Limited 2306 Nominee for another person
Serangoon Limited 2306 Nominee for another person
Tin Wing Holdings Limited 2201 Interest of corporation controlled by you

Qinqin Foodstuffs Group (Cayman) Co Headlines

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