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LC Logistics (HKSE:02490) Inventory-to-Revenue : 0.01 (As of Dec. 2023)


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What is LC Logistics 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. LC Logistics's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$7 Mil. LC Logistics's Revenue for the six months ended in Dec. 2023 was HK$1,355 Mil. LC Logistics's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

LC Logistics's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Dec. 2022 (0.00) to Dec. 2022 (0.01)

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. LC Logistics's Days Inventory for the six months ended in Dec. 2023 was 1.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. LC Logistics's Inventory Turnover for the quarter that ended in Dec. 2023 was 166.98.


LC Logistics Inventory-to-Revenue Historical Data

The historical data trend for LC Logistics'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.

LC Logistics Inventory-to-Revenue Chart

LC Logistics Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- - - 0.01

LC Logistics Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue - - - 0.01

Competitive Comparison of LC Logistics's Inventory-to-Revenue

For the Integrated Freight & Logistics subindustry, LC Logistics'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.


LC Logistics's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, LC Logistics's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where LC Logistics's Inventory-to-Revenue falls into.



LC Logistics 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.

LC Logistics'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 )
=( (7.368 + 5.888) / 2 ) / 1354.613
=6.628 / 1354.613
=0.00

LC Logistics'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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (7.368 + 5.888) / 2 ) / 1354.613
=6.628 / 1354.613
=0.00

* 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.


LC Logistics  (HKSE:02490) 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.

LC Logistics'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
=6.628/1106.743*365 / 2
=1.09

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

LC Logistics'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 )
=1106.743 / 6.628
=166.98

* 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.


LC Logistics Inventory-to-Revenue Related Terms

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LC Logistics (HKSE:02490) Business Description

Traded in Other Exchanges
N/A
Address
9/F, China Stone Building, 37 Hong Kong Middle Road, Shinan District, Shandong Province, Qingdao, CHN
LC Logistics Inc is a company involved in cross-border logistics services. The company provides services cover all major aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit and last-mile delivery.
Executives
Li Yan 2201 Interest of corporation controlled by you
Liu Quanxiang 2201 Interest of corporation controlled by you
Xu Xin 2201 Interest of corporation controlled by you
Grand Sailing Limited 2201 Interest of corporation controlled by you
Lecang Altitude Limited 2101 Beneficial owner
Glorious Sailing Limited 2101 Beneficial owner
Lecang Flourishing Limited 2101 Beneficial owner
Spring Wealth Limited 2201 Interest of corporation controlled by you
Lecang Shining Limited 2101 Beneficial owner
Peace Seaworld Limited 2201 Interest of corporation controlled by you

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