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Binjiang Service Group Co (HKSE:03316) Inventory-to-Revenue : 0.12 (As of Dec. 2023)


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What is Binjiang Service Group 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. Binjiang Service Group Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$210 Mil. Binjiang Service Group Co's Revenue for the six months ended in Dec. 2023 was HK$1,771 Mil. Binjiang Service Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.

Binjiang Service Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.12) to Jun. 2023 (0.12)

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. Binjiang Service Group Co's Days Inventory for the six months ended in Dec. 2023 was 28.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Binjiang Service Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.45.


Binjiang Service Group Co Inventory-to-Revenue Historical Data

The historical data trend for Binjiang Service Group Co'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.

Binjiang Service Group Co Inventory-to-Revenue Chart

Binjiang Service Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.02 0.04 0.05 0.06 0.07

Binjiang Service Group Co Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.10 0.10 0.10 0.12 0.12

Competitive Comparison of Binjiang Service Group Co's Inventory-to-Revenue

For the Real Estate Services subindustry, Binjiang Service Group 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.


Binjiang Service Group Co's Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Binjiang Service Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Binjiang Service Group Co's Inventory-to-Revenue falls into.



Binjiang Service Group 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.

Binjiang Service Group Co'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 )
=( (164.714 + 267.705) / 2 ) / 3072.65
=216.2095 / 3072.65
=0.07

Binjiang Service Group Co'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (153.018 + 267.705) / 2 ) / 1770.97
=210.3615 / 1770.97
=0.12

* 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.


Binjiang Service Group Co  (HKSE:03316) 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.

Binjiang Service Group Co'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
=210.3615/1357.68*365 / 2
=28.28

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

Binjiang Service Group Co'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 )
=1357.68 / 210.3615
=6.45

* 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.


Binjiang Service Group Co Inventory-to-Revenue Related Terms

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Binjiang Service Group Co (HKSE:03316) Business Description

Traded in Other Exchanges
N/A
Address
No. 189 Fengqi East Road, Xincheng Times Square, 12th Floor, Room 1201-1, Block 1, Building 1, Jianggan District, Hangzhou, CHN
Binjiang Service Group Co Ltd is a property management service provider in China. The Company's business segments are classified into property management services, value-added services to non-property owners and 5S value-added services. Geographically, the company has majority of its operations in China.
Executives
Qi Jiaqi
Bright Cloud Holding Limited 2201 Interest of corporation controlled by you
Cantrust (far East) Limited 2301 Trustee
Great Dragon Ventures Limited
Qi Jinxing
Infiniti Trust (asia) Limited 2301 Trustee
Great Splendor Holding Limited 2201 Interest of corporation controlled by you
Haoyu Ventures Limited
Jovial Success Global Holding Limited
Mo Jianhua
Splendid Force Holding Limited 2201 Interest of corporation controlled by you
Zhu Huiming

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