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 Jun. 2024 was HK$9.6 Mil. GL-Carlink Technology Holding's Revenue for the
six
months ended in Jun. 2024 was HK$332.0 Mil.
GL-Carlink Technology Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.03.
GL-Carlink Technology Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2024
declined
from Dec. 2023 (0.03) to Dec. 2023 (0.03)
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 Jun. 2024 was 11.95.
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 Jun. 2024 was 15.27.
GL-Carlink Technology Holding 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.
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.
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.
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 Jun. 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.
GL-Carlink Technology Holding Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of GL-Carlink Technology Holding's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
GL-Carlink Technology Holding Business Description
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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