What is Wise Living 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. Wise Living Technology Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$36 Mil. Wise Living Technology Co's Revenue for the
six
months ended in Dec. 2023 was HK$805 Mil.
Wise Living Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.
Wise Living Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.07) to Jun. 2023 (0.05)
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.
Wise Living Technology Co's Days Inventory for the
six
months ended in Dec. 2023 was 9.76.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Wise Living Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.70.
Wise Living 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.
Wise Living Technology Co Inventory-to-Revenue Chart
Competitive Comparison of Wise Living Technology Co's Inventory-to-Revenue
For the Utilities - Independent Power Producers subindustry, Wise Living 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.
Wise Living Technology Co's Inventory-to-Revenue Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Wise Living Technology Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Wise Living Technology Co's Inventory-to-Revenue falls into.
Wise Living 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.
Wise Living Technology Co's Inventory-to-Revenue for the fiscal year that 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.
Wise Living Technology Co (HKSE:02481) 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.
Wise Living 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.
Wise Living Technology Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Wise Living Technology Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Wise Living Technology Co (HKSE:02481) Business Description
Wise Living Technology Co Ltd is a cross-provincial heat service provider mainly operating in the Three North Region. It is principally engaged in the provision of heat services to residential and non-residential heat service customers under concession rights. In addition to its provision of heat services, which is considered as a public utility business, the company also provides heat-related; engineering construction services; and EMC services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:02481 has been successfully added to your