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. COFCO Joycome Foods's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$3,729 Mil. COFCO Joycome Foods's Revenue for the
six
months ended in Dec. 2024 was HK$12,551 Mil.
COFCO Joycome Foods's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.30.
COFCO Joycome Foods's Inventory-to-Revenue for the quarter that ended in Dec. 2024
declined
from Jun. 2024 (0.67) to Jun. 2024 (0.30)
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.
COFCO Joycome Foods's Days Inventory for the
six
months ended in Dec. 2024 was 56.76.
Inventory Turnover measures how fast the company turns over its inventory within a year.
COFCO Joycome Foods's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.22.
COFCO Joycome Foods Inventory-to-Revenue Historical Data
The historical data trend for COFCO Joycome Foods'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 COFCO Joycome Foods's Inventory-to-Revenue
For the Packaged Foods subindustry, COFCO Joycome Foods'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.
COFCO Joycome Foods's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, COFCO Joycome Foods's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where COFCO Joycome Foods's Inventory-to-Revenue falls into.
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.
COFCO Joycome Foods'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.
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.
COFCO Joycome Foods'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.
COFCO Joycome Foods Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of COFCO Joycome Foods's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
COFCO Joycome Foods Ltd is engaged in the feed production, hog production, slaughtering and cutting, production, distribution and sale of fresh pork and processed meat products, import and distribution of meat products (including pork, beef, poultry and mutton). Its segments include Hog production segment represents hog breeding and sales of hogs; Fresh pork segment represents slaughtering, wholesale and retail sales of fresh and frozen meats; Processed meat products segment represents manufacture, wholesale and retail sales of processed meat products; and Meat import segment represents sales of imported meat products. Geographically it derives revenue from Mainland China.
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