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Vanov Holdings Co (HKSE:02260) Inventory-to-Revenue : 0.15 (As of Dec. 2023)


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What is Vanov Holdings 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. Vanov Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$25.4 Mil. Vanov Holdings Co's Revenue for the six months ended in Dec. 2023 was HK$165.0 Mil. Vanov Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

Vanov Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.26) to Jun. 2023 (0.15)

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. Vanov Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 63.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vanov Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.89.


Vanov Holdings Co Inventory-to-Revenue Historical Data

The historical data trend for Vanov Holdings 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.

Vanov Holdings Co Inventory-to-Revenue Chart

Vanov Holdings Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.07 0.06 0.05 0.07 0.08

Vanov Holdings Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.22 0.14 0.26 0.15

Competitive Comparison of Vanov Holdings Co's Inventory-to-Revenue

For the Paper & Paper Products subindustry, Vanov Holdings 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.


Vanov Holdings Co's Inventory-to-Revenue Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Vanov Holdings Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Vanov Holdings Co's Inventory-to-Revenue falls into.



Vanov Holdings 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.

Vanov Holdings Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (19.356 + 20.916) / 2 ) / 259.63
=20.136 / 259.63
=0.08

Vanov Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (29.885 + 20.916) / 2 ) / 164.974
=25.4005 / 164.974
=0.15

* 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.


Vanov Holdings Co  (HKSE:02260) 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.

Vanov Holdings Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=25.4005/73.286*365 / 2
=63.25

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

Vanov Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=73.286 / 25.4005
=2.89

* 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.


Vanov Holdings Co Inventory-to-Revenue Related Terms

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Vanov Holdings Co (HKSE:02260) Business Description

Traded in Other Exchanges
N/A
Address
No. 519, Section 2, Xinhua Avenue, Chengdu Strait Science and Technology, Industry Development Park, Sichuan Province, Wenjiang District, Chengdu, CHN
Vanov Holdings Co Ltd is an investment holding company and its subsidiaries are principally engaged in the design, manufacture and sales of papermaking felts. The company has its variety of products which includes Packaging papermaking felts, Specialty papermaking felts, Printing papermaking felts, Printing papermaking felts, Pulp papermaking felts. The company generates majority of its revenue from The PRC region.
Executives
Shen Genlian 2307 Founder of a discretionary trust who can infl
Vistra Trust (singapore) Pte. Limited 2301 Trustee
Zhou Jun 2202 Interest of your spouse
Perfect Angle Limited 2101 Beneficial owner
Wonderful Advisor Limited

Vanov Holdings Co (HKSE:02260) Headlines

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