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Zylox-Tonbridge Medical Technology Co (HKSE:02190) Inventory-to-Revenue : 0.45 (As of Dec. 2024)


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What is Zylox-Tonbridge Medical Technology Co 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. Zylox-Tonbridge Medical Technology Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$200.9 Mil. Zylox-Tonbridge Medical Technology Co's Revenue for the six months ended in Dec. 2024 was HK$444.7 Mil. Zylox-Tonbridge Medical Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.45.

Zylox-Tonbridge Medical Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Jun. 2024 (0.46) to Jun. 2024 (0.45)

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. Zylox-Tonbridge Medical Technology Co's Days Inventory for the six months ended in Dec. 2024 was 292.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zylox-Tonbridge Medical Technology Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.62.


Zylox-Tonbridge Medical Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Zylox-Tonbridge Medical Technology Co'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.

Zylox-Tonbridge Medical Technology Co Inventory-to-Revenue Chart

Zylox-Tonbridge Medical Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial 0.69 0.24 0.27 0.27 0.24

Zylox-Tonbridge Medical Technology Co Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.56 0.60 0.54 0.46 0.45

Competitive Comparison of Zylox-Tonbridge Medical Technology Co's Inventory-to-Revenue

For the Medical Devices subindustry, Zylox-Tonbridge Medical Technology Co'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.


Zylox-Tonbridge Medical Technology Co's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zylox-Tonbridge Medical Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Zylox-Tonbridge Medical Technology Co's Inventory-to-Revenue falls into.


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Zylox-Tonbridge Medical Technology Co 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.

Zylox-Tonbridge Medical Technology Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (182.16 + 219.381) / 2 ) / 835.428
=200.7705 / 835.428
=0.24

Zylox-Tonbridge Medical Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (182.354 + 219.381) / 2 ) / 444.67
=200.8675 / 444.67
=0.45

* 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.


Zylox-Tonbridge Medical Technology Co  (HKSE:02190) 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.

Zylox-Tonbridge Medical Technology Co's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=200.8675/125.455*365 / 2
=292.20

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

Zylox-Tonbridge Medical Technology Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=125.455 / 200.8675
=0.62

* 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.


Zylox-Tonbridge Medical Technology Co Inventory-to-Revenue Related Terms

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Zylox-Tonbridge Medical Technology Co Business Description

Traded in Other Exchanges
N/A
Address
270 Shuyun Road, Cangqian Street, Zylox-Tonbridge Industrial Park, Yuhang District, Zhejiang Province, Hangzhou, CHN
Zylox-Tonbridge Medical Technology Co Ltd is principally engaged in providing solutions to patients and physicians with a product portfolio covering peripheral-vascular interventional devices and neurovascular interventional devices in China and other countries. The company's main products include Thrombite Clot Retriever Device (Thrombite CRD) and Ultrafree Drug Coated PTA Balloon Catheter (Ultrafree DCB).
Executives
Wea Enterprises, Llc 2401 A concert party to an agreement to buy shares
Zhu Hai Tong Qiao Tou Zi Zhong Xin You Xian He Huo 2401 A concert party to an agreement to buy shares
Hang Zhou Fu Jiang Tou Zi He Huo Qi Ye You Xian He Huo 2401 A concert party to an agreement to buy shares
Zhu Hai Gui Chuang Gu Quan Tou Zi Zhong Xin You Xian He Huo 2401 A concert party to an agreement to buy shares
Hang Zhou Gui Qiao Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2401 A concert party to an agreement to buy shares
Hang Zhou Yu Yi Hui Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2401 A concert party to an agreement to buy shares
Zhong Shengping Sam 2401 A concert party to an agreement to buy shares
Zhao Jonathon Zhong 2501 Other
Wei Na 2501 Other
Li Zheng 2501 Other
Wang Stephen Hui 2201 Interest of corporation controlled by you
Hu Zhou Yu Yi Hui Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2401 A concert party to an agreement to buy shares
Schroders Plc 2102 Investment manager
Highlight Medical Limited 2501 Other
Ourea Biotech Hk Limited 2501 Other

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