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Best Mart 360 Holdings (HKSE:02360) Inventory-to-Revenue : 0.21 (As of Sep. 2023)


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What is Best Mart 360 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. Best Mart 360 Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$257 Mil. Best Mart 360 Holdings's Revenue for the six months ended in Sep. 2023 was HK$1,238 Mil. Best Mart 360 Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.21.

Best Mart 360 Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (0.17) to Mar. 2023 (0.21)

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. Best Mart 360 Holdings's Days Inventory for the six months ended in Sep. 2023 was 59.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Best Mart 360 Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.08.


Best Mart 360 Holdings Inventory-to-Revenue Historical Data

The historical data trend for Best Mart 360 Holdings'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.

Best Mart 360 Holdings Inventory-to-Revenue Chart

Best Mart 360 Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Inventory-to-Revenue
Get a 7-Day Free Trial 0.09 0.09 0.11 0.10 0.11

Best Mart 360 Holdings Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.20 0.20 0.17 0.21

Competitive Comparison of Best Mart 360 Holdings's Inventory-to-Revenue

For the Discount Stores subindustry, Best Mart 360 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.


Best Mart 360 Holdings's Inventory-to-Revenue Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Best Mart 360 Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Best Mart 360 Holdings's Inventory-to-Revenue falls into.



Best Mart 360 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.

Best Mart 360 Holdings's Inventory-to-Revenue for the fiscal year that ended in Mar. 2022 is calculated as

Inventory-to-Revenue (A: Mar. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Revenue (A: Mar. 2022 )
=( (198.547 + 217.969) / 2 ) / 1983.526
=208.258 / 1983.526
=0.10

Best Mart 360 Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (244.219 + 269.351) / 2 ) / 1237.781
=256.785 / 1237.781
=0.21

* 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.


Best Mart 360 Holdings  (HKSE:02360) 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.

Best Mart 360 Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=256.785/791.516*365 / 2
=59.21

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

Best Mart 360 Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=791.516 / 256.785
=3.08

* 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.


Best Mart 360 Holdings Inventory-to-Revenue Related Terms

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Best Mart 360 Holdings (HKSE:02360) Business Description

Traded in Other Exchanges
Address
No. 108 Wai Yip Street, 11th Floor, C-Bons International Center, Kowloon, Hong Kong, HKG
Best Mart 360 Holdings Ltd is a leisure food retailer operating chain retail stores under its stores Best Mart 360 and FoodVille. The company is engaged in retail sales of food and beverage, household and personal care products in Hong Kong, Macau and People's Republic of China. The company generates majority of the revenue from Hong Kong.
Executives
China Merchants Group Limited 2201 Interest of corporation controlled by you
China Merchants Hoi Tung Trading Company Limited 2106 Person having a security interest in shares
United East Global Limited 2101 Beneficial owner
Universal Tycoon Limited 2101 Beneficial owner
Sino Sea Enterprises Limited 2101 Beneficial owner
Hui Ngai Fan 2201 Interest of corporation controlled by you
Lin Tsz Fung 2201 Interest of corporation controlled by you
Sea Wealth Ventures Limited 2101 Beneficial owner
Giant Blessing Global Limited 2101 Beneficial owner
Lee Wai Bing 2202 Interest of your spouse

Best Mart 360 Holdings (HKSE:02360) Headlines

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