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. Wisdom Sports Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$1.09 Mil. Wisdom Sports Group's Revenue for the
six
months ended in Dec. 2023 was HK$32.46 Mil.
Wisdom Sports Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.
Wisdom Sports Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.85) to Jun. 2023 (0.03)
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.
Wisdom Sports Group's Days Inventory for the
six
months ended in Dec. 2023 was 6.01.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Wisdom Sports Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 30.36.
Wisdom Sports Group Inventory-to-Revenue Historical Data
The historical data trend for Wisdom Sports Group'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 Wisdom Sports Group's Inventory-to-Revenue
For the Entertainment subindustry, Wisdom Sports Group'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.
Wisdom Sports Group's Inventory-to-Revenue Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Wisdom Sports Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Wisdom Sports Group's Inventory-to-Revenue falls into.
Wisdom Sports Group 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.
Wisdom Sports Group'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.
Wisdom Sports Group (HKSE:01661) 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.
Wisdom Sports Group'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.
Wisdom Sports Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Wisdom Sports Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Wisdom Sports Group (HKSE:01661) Business Description
Wisdom Sports Group engages in the diversified media industry and provides event services, operations, and branding services in China. The company is divided into two business segments: the Wisdom Events segment and the Wisdom Program and Branding segment. The Wisdom Events segment organizes and promotes various international and domestic sporting events. The Wisdom Program and Branding segment focuses primarily on the production, distribution, and advertisement of televised sporting events.
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