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GL-Carlink Technology Holding (HKSE:02531) Inventory-to-Revenue : 0.02 (As of Dec. 2023)


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What is GL-Carlink Technology Holding 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. GL-Carlink Technology Holding's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$13.7 Mil. GL-Carlink Technology Holding's Revenue for the six months ended in Dec. 2023 was HK$613.1 Mil. GL-Carlink Technology Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

GL-Carlink Technology Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Dec. 2022 (0.03) to Dec. 2022 (0.02)

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. GL-Carlink Technology Holding's Days Inventory for the six months ended in Dec. 2023 was 7.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. GL-Carlink Technology Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 24.65.


GL-Carlink Technology Holding Inventory-to-Revenue Historical Data

The historical data trend for GL-Carlink Technology Holding'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.

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GL-Carlink Technology Holding Inventory-to-Revenue Chart

GL-Carlink Technology Holding Annual Data
Trend Dec21 Dec22 Dec23
Inventory-to-Revenue
0.04 0.03 0.02

GL-Carlink Technology Holding Semi-Annual Data
Dec21 Dec22 Dec23
Inventory-to-Revenue 0.04 0.03 0.02

Competitive Comparison of GL-Carlink Technology Holding's Inventory-to-Revenue

For the Auto Parts subindustry, GL-Carlink Technology Holding'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.


GL-Carlink Technology Holding's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GL-Carlink Technology Holding's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where GL-Carlink Technology Holding's Inventory-to-Revenue falls into.



GL-Carlink Technology Holding 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.

GL-Carlink Technology Holding'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 )
=( (16.475 + 10.932) / 2 ) / 613.139
=13.7035 / 613.139
=0.02

GL-Carlink Technology Holding'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 )
=( (16.475 + 10.932) / 2 ) / 613.139
=13.7035 / 613.139
=0.02

* 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.


GL-Carlink Technology Holding  (HKSE:02531) 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.

GL-Carlink Technology Holding'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
=13.7035/337.75*365 / 2
=7.40

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

GL-Carlink Technology Holding'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 )
=337.75 / 13.7035
=24.65

* 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.


GL-Carlink Technology Holding Inventory-to-Revenue Related Terms

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GL-Carlink Technology Holding Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3370 Liuxian Avenue, 14th Floor, Building 1, Chongwen Garden, Nanshan IPark, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
GL-Carlink Technology Holding Ltd is an in-vehicle hardware and SaaS marketing and management service provider for automotive aftermarket industry in China. It has a focus on (i) sales of in-vehicle hardware products; and (ii) provision of SaaS marketing and management services, covering SaaS subscription services and SaaS value-added services. Key revenue is generated from sales of in-vehicle hardware products.

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