What is New Provenance Everlasting 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. New Provenance Everlasting Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$33.5 Mil. New Provenance Everlasting Holdings's Revenue for the
six
months ended in Sep. 2024 was HK$291.9 Mil.
New Provenance Everlasting Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.12.
New Provenance Everlasting Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024
declined
from Mar. 2024 (0.19) to Mar. 2024 (0.12)
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.
New Provenance Everlasting Holdings's Days Inventory for the
six
months ended in Sep. 2024 was 20.55.
Inventory Turnover measures how fast the company turns over its inventory within a year.
New Provenance Everlasting Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 8.88.
New Provenance Everlasting Holdings 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.
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New Provenance Everlasting Holdings Inventory-to-Revenue Chart
Competitive Comparison of New Provenance Everlasting Holdings's Inventory-to-Revenue
For the Other Industrial Metals & Mining subindustry, New Provenance Everlasting 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.
New Provenance Everlasting Holdings's Inventory-to-Revenue Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Provenance Everlasting Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where New Provenance Everlasting Holdings's Inventory-to-Revenue falls into.
New Provenance Everlasting 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.
* 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.
New Provenance Everlasting Holdings (HKSE:02326) 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.
New Provenance Everlasting Holdings's Days Inventory for the
six
months ended in Sep. 2024 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.
New Provenance Everlasting Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of New Provenance Everlasting Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
New Provenance Everlasting Holdings Business Description
New Provenance Everlasting Holdings Ltd is engaged in sourcing and selling metal minerals and related industrial materials, and producing and selling industrial products. Its business segments consist of Sourcing and sale of metal minerals and related industrial materials; Production and sale of industrial products and Others. Geographically company generates the majority of its revenue from the Chinese market.
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