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Million Cities Holdings (HKSE:02892) Inventory-to-Revenue : 11.36 (As of Dec. 2024)


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What is Million Cities 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. Million Cities Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$650.0 Mil. Million Cities Holdings's Revenue for the six months ended in Dec. 2024 was HK$57.2 Mil. Million Cities Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 11.36.

Million Cities Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Jun. 2024 (14.28) to Jun. 2024 (11.36)

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. Million Cities Holdings's Days Inventory for the six months ended in Dec. 2024 was 1,299.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Million Cities Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.14.


Million Cities Holdings Inventory-to-Revenue Historical Data

The historical data trend for Million Cities 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.

Million Cities Holdings Inventory-to-Revenue Chart

Million Cities Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.41 2.91 1.67 6.23

Million Cities Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.30 4.13 2.99 14.28 11.36

Competitive Comparison of Million Cities Holdings's Inventory-to-Revenue

For the Real Estate - Development subindustry, Million Cities 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.


Million Cities Holdings's Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Million Cities Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Million Cities Holdings's Inventory-to-Revenue falls into.


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Million Cities 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.

Million Cities Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (722.227 + 604.696) / 2 ) / 106.458
=663.4615 / 106.458
=6.23

Million Cities Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (695.348 + 604.696) / 2 ) / 57.218
=650.022 / 57.218
=11.36

* 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.


Million Cities Holdings  (HKSE:02892) 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.

Million Cities Holdings's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=650.022/91.262*365 / 2
=1,299.87

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

Million Cities Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=91.262 / 650.022
=0.14

* 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.


Million Cities Holdings Inventory-to-Revenue Related Terms

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Million Cities Holdings Business Description

Traded in Other Exchanges
N/A
Address
57 Ting Kok Road, Unit D, 21st Floor, Block 1, Tai Ping Industrial Centre, Tai Po New Territories, Hong Kong, HKG
Million Cities Holdings Ltd is an investment holding company engaged in property development. The company generates revenues from the sale of properties and gross rentals from properties. It derives all of its revenues from China.
Executives
Wong Wai Ling 2305 Beneficiary of a trust
East Asia International Trustees Limited 2301 Trustee
Fortune Speed Investments Ltd. 2101 Beneficial owner
Happy Family Assets Limited 2201 Interest of corporation controlled by you
Winnermax Management Limited 2201 Interest of corporation controlled by you
Wang Kam Chu 2202 Interest of your spouse
Wong Ting Chung 2305 Beneficiary of a trust
Tsoi Suet Ngai 2202 Interest of your spouse
Wong Ting Chun 2305 Beneficiary of a trust
Chan Ka Wai 2202 Interest of your spouse
Wong Ting Kau 2305 Beneficiary of a trust
Lau Ka Keung 2202 Interest of your spouse

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