What is Lygend Resources & 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. Lygend Resources & Technology Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$2,173 Mil. Lygend Resources & Technology Co's Revenue for the
six
months ended in Dec. 2023 was HK$12,879 Mil.
Lygend Resources & Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.
Lygend Resources & Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Jun. 2023 (0.16) to Jun. 2023 (0.17)
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.
Lygend Resources & Technology Co's Days Inventory for the
six
months ended in Dec. 2023 was 36.40.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lygend Resources & Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.01.
Lygend Resources & Technology Co Inventory-to-Revenue Historical Data
* 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.
Lygend Resources & Technology Co Inventory-to-Revenue Chart
Competitive Comparison of Lygend Resources & Technology Co's Inventory-to-Revenue
For the Other Industrial Metals & Mining subindustry, Lygend Resources & 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.
Lygend Resources & Technology Co's Inventory-to-Revenue Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lygend Resources & Technology Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Lygend Resources & Technology Co's Inventory-to-Revenue falls into.
Lygend Resources & 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.
* 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.
Lygend Resources & Technology Co (HKSE:02245) 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.
Lygend Resources & Technology Co'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.
Lygend Resources & Technology Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Lygend Resources & Technology Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Lygend Resources & Technology Co (HKSE:02245) Business Description
Lygend Resources & Technology Co Ltd is engaged in both the trading and the production of nickel products. The company has a comprehensive product and service portfolio covering multiple areas across the nickel industry value chain, from upstream sourcing of nickel resources, trading and production of nickel products, to equipment manufacturing and sale. Its products are widely used in various downstream sectors including the NEV and stainless steel industries. It derives a majority of its revenue from Mainland China.
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