What is Redsun Properties Group 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. Redsun Properties Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$35,623 Mil. Redsun Properties Group's Revenue for the
six
months ended in Dec. 2023 was HK$14,980 Mil.
Redsun Properties Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.38.
Redsun Properties Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (6.69) to Jun. 2023 (2.38)
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.
Redsun Properties Group's Days Inventory for the
six
months ended in Dec. 2023 was 411.28.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Redsun Properties Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.44.
Redsun Properties Group Inventory-to-Revenue Historical Data
The historical data trend for Redsun Properties 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.
* Premium members only.
Redsun Properties Group Inventory-to-Revenue Chart
Competitive Comparison of Redsun Properties Group's Inventory-to-Revenue
For the Real Estate - Development subindustry, Redsun Properties 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.
Redsun Properties Group's Inventory-to-Revenue Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Redsun Properties Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Redsun Properties Group's Inventory-to-Revenue falls into.
Redsun Properties 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.
Redsun Properties 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.
Redsun Properties Group (HKSE:01996) 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.
Redsun Properties 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.
Redsun Properties Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Redsun Properties Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Redsun Properties Group (HKSE:01996) Business Description
Redsun Properties Group Ltd is a China-based company engages in the property development business. It's business operations consist of three principal business segments: Property Development and Sales; Commercial Property Investment and Operations; and Hotel Operations. The company derived its revenue from sale of its developed residential properties and supporting retail properties, rental income from the investment in and operation of commercial properties, and service fee income from its hotel operaTions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01996 has been successfully added to your 