Haina Intelligent Equipment International Holdings (HKSE:01645) Inventory-to-Revenue : 1.04 (As of Dec. 2023)

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What is Haina Intelligent Equipment International 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. Haina Intelligent Equipment International Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$272.8 Mil. Haina Intelligent Equipment International Holdings's Revenue for the six months ended in Dec. 2023 was HK$262.7 Mil. Haina Intelligent Equipment International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.04.

Haina Intelligent Equipment International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (2.05) to Jun. 2023 (1.04)

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. Haina Intelligent Equipment International Holdings's Days Inventory for the six months ended in Dec. 2023 was 220.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Haina Intelligent Equipment International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.83.

Haina Intelligent Equipment International Holdings Inventory-to-Revenue Historical Data

The historical data trend for Haina Intelligent Equipment International 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.

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Haina Intelligent Equipment International Holdings Inventory-to-Revenue Chart

Haina Intelligent Equipment International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.36

0.34

0.58

0.63

0.64

Haina Intelligent Equipment International Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial								1.37	1.34	1.15	2.05	1.04

Competitive Comparison of Haina Intelligent Equipment International Holdings's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Haina Intelligent Equipment International 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.

Haina Intelligent Equipment International Holdings's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Haina Intelligent Equipment International Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Haina Intelligent Equipment International Holdings's Inventory-to-Revenue falls into.

Haina Intelligent Equipment International Holdings Inventory-to-Revenue Calculation

Haina Intelligent Equipment International Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (220.671	+	271.458)	/	2 )	/	383.588
=	246.0645					/	383.588
=	0.64

Haina Intelligent Equipment International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (274.099	+	271.458)	/	2 )	/	262.687
=	272.7785					/	262.687
=	1.04

Haina Intelligent Equipment International Holdings (HKSE:01645) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Haina Intelligent Equipment International Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	272.7785	/	225.939	*	365 / 2
	=	220.33

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

Haina Intelligent Equipment International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	225.939	/	272.7785
	=	0.83

Haina Intelligent Equipment International Holdings Inventory-to-Revenue Related Terms

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Haina Intelligent Equipment International Holdings (HKSE:01645) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Haina Intelligent Equipment International Holdings Ltd (HKSE:01645) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wuli Technology Park, Economic Development Area, Fujian Province, Jinjiang, CHN

Website

https://www.haina-intelligent.com

Haina Intelligent Equipment International Holdings Ltd is an investment holding company. It is engaged in design and production of automated machines for manufacturing disposable hygiene products, including baby diapers, adult diapers, and lady sanitary napkins in the PRC. The company provides comprehensive services to its customers, from collaborating with customers on product designs and customizing its products based on specifications provided by customers, conducting quality control, delivering products to customers, installing products for customers, and providing after-sales services. Its geographical segments are China, South Korea, Indonesia, Uzbekistan, Vietnam, Thailand, Dubai, Bangladesh, Angola, Pakistan, Cambodia, and other countries.

Executives

Chang Chi Hsung	2201 Interest of corporation controlled by you
He Ziping
Hong Yiyuan
Su Chengya
Zhang Zhixiong
Prestige Name International Limited	2101 Beneficial owner

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