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. Town Ray Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$87.6 Mil. Town Ray Holdings's Revenue for the
six
months ended in Jun. 2024 was HK$301.9 Mil.
Town Ray Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.29.
Town Ray Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024
increased
from Dec. 2023 (0.25) to Dec. 2023 (0.29)
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.
Town Ray Holdings's Days Inventory for the
six
months ended in Jun. 2024 was 79.47.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Town Ray Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.30.
Town Ray Holdings Inventory-to-Revenue Historical Data
The historical data trend for Town Ray 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.
Competitive Comparison of Town Ray Holdings's Inventory-to-Revenue
For the Consumer Electronics subindustry, Town Ray 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.
Town Ray Holdings's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Town Ray Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Town Ray Holdings's Inventory-to-Revenue falls into.
Town Ray 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.
Town Ray Holdings'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.
Town Ray Holdings (HKSE:01692) 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.
Town Ray Holdings's Days Inventory for the
six
months ended in Jun. 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.
Town Ray Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Town Ray Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Town Ray Holdings Ltd is a developer, designer, manufacturer, and supplier of electrothermic household appliances mainly to overseas markets. The electrothermic household products can be grouped into two categories, namely garment care appliances, including steam generator irons, garment steamers, and steam irons; and cooking appliances, including coffee machines, steam cooking appliances, and other cooking appliances. The company's products are mainly sold to overseas markets, including Germany, France, the United Kingdom, and the Netherlands.
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