What is Sunfonda Group 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. Sunfonda Group Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$1,390 Mil. Sunfonda Group Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$6,242 Mil.
Sunfonda Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.
Sunfonda Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.25) to Jun. 2023 (0.22)
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.
Sunfonda Group Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 41.76.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sunfonda Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.37.
Sunfonda Group Holdings Inventory-to-Revenue Historical Data
The historical data trend for Sunfonda Group 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.
* Premium members only.
Sunfonda Group Holdings Inventory-to-Revenue Chart
Competitive Comparison of Sunfonda Group Holdings's Inventory-to-Revenue
For the Auto & Truck Dealerships subindustry, Sunfonda Group 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.
Sunfonda Group Holdings's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Sunfonda Group Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Sunfonda Group Holdings's Inventory-to-Revenue falls into.
Sunfonda Group 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.
Sunfonda Group 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.
Sunfonda Group Holdings (HKSE:01771) 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.
Sunfonda Group Holdings'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.
Sunfonda Group Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Sunfonda Group Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Sunfonda Group Holdings (HKSE:01771) Business Description
Sunfonda Group Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the sale and service of luxury and ultra-luxury car brands in Mainland China. The Group operates in one business unit based on its products, and has one reportable segment, which is the sale of motor vehicles and the provision of related services. In 2021, the Linxia GAC Toyota store in Gansu, the Wuhan BMW store, the Wuxi GAC Toyota store, were successively put into operation, of which the Wuhan BMW Store has the first 4S store of the Group in Central China. In addition, the Group has been authorized to set up new stores including Xi'an Porsche, Yinchuan BMW and Xining BMW and pending commencement of business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01771 has been successfully added to your 